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From L to R: Gulf Cooperation Council (GCC) Secretary General Abdullatif bin Rashid al-Zayani, Saudi Defence Minister and Deputy Crown Prince Mohammed bin Salman, Qatar's Emir Sheikh Tamim bin Hamad al-Thani,Omani Deputy Prime minister Sayed Fahd bin Mahmud al-Said, Emir of Kuwait Sheikh Sabah al-Ahmad al-Jaber al-Sabah, Saudi King Salman bin Abdulaziz, Bahrain's King Hamad bin Issa al-Khalifa, Prime Minister of the United Arab Emirates (UAE) and ruler of Dubai Sheikh Mohammed bin Rashid al-Maktoum and Saudi Crown Prince and Interior Minister Mohammed bin Nayef pose for a family picture during a Gulf Cooperation Council (GCC) informal summit in the Saudi Red Sea city of Jeddah on May 31, 2016. Gulf Arab states grappling with lower oil revenues formed a new agency to tighten economic cooperation in the region. The Economic and Development Affairs Authority "will boost coherence, integration and coordination between member states in all economic and development sectors," the Gulf Cooperation Council said in a statement after a summit in Jeddah, Saudi Arabia. / AFP / STRINGER (Photo credit should read STRINGER/AFP/Getty Images)

From L to R: Gulf Cooperation Council (GCC) Secretary General Abdullatif bin Rashid al-Zayani, Saudi Defence Minister and Deputy Crown Prince Mohammed bin Salman, Qatar's Emir Sheikh Tamim bin Hamad al-Thani,Omani Deputy Prime minister Sayed Fahd bin Mahmud al-Said, Emir of Kuwait Sheikh Sabah al-Ahmad al-Jaber al-Sabah, Saudi King Salman bin Abdulaziz,  Bahrain's King Hamad bin Issa al-Khalifa,  Prime Minister of the United Arab Emirates (UAE) and ruler of Dubai Sheikh Mohammed bin Rashid al-Maktoum and Saudi Crown Prince and Interior Minister Mohammed bin Nayef pose for a family picture during a Gulf Cooperation Council (GCC) informal summit in the Saudi Red Sea city of Jeddah on May 31, 2016.
Gulf Arab states grappling with lower oil revenues formed a new agency to tighten economic cooperation in the region. The Economic and Development Affairs Authority "will boost coherence, integration and coordination between member states in all economic and development sectors," the Gulf Cooperation Council said in a statement after a summit in Jeddah, Saudi Arabia.

 / AFP / STRINGER        (Photo credit should read STRINGER/AFP/Getty Images)