Bermuda is GCC’s global gateway

As more and more cross-border obstacles to trade and investment tumble, it is no surprise that the Gulf has gone global.
Increasingly, all around the world the six member states of the Gulf Cooperation Council, the GCC, are playing a major role. As the global powerhouse of oil and gas, the GCC states have the wealth and the influence to punch well above their weight. Their range of authority encompasses everything from deciding multibillion dollar mergers like Xstrata with Glencore to prestige purchases such as Harrods of London and PSG football club of Paris to helping ensure positive outcomes for the upheavals in MENA nations like Libya. The Gulf no longer consists of emerging economies.