Integration Processes among the Member States of the Gulf Cooperation Council over the Period of 2010−2018

In the 21st century integration processes within regional associations of developing countries intensified significantly. These processes cover almost all developing countries and their quantitative indicators are increasing. The purpose of this article is to describe integration processes in the Arab world using the example of the Cooperation Council for the Arab states of the Gulf – Bahrain, Kuwait, Oman, Qatar, Saudi Arabia (KSA) and United Arab Emirates (UAE). This is most successful integration association in the Arab world lasting almost 40 years. Throughout this period integration process among the Gulf group states, and consequently their level of socio economic development went through significant changes, having significant research interest and practical implications. The novelty of this research is related to identification of new trends in regional economic integration among the GCC member states, specifically their focus on joint development of innovation component. Research concluded that over the period of 2010 through 2018 integration efforts of the Gulf group states were focused primarily on scientific, humanitarian and innovation activities, rather than pure trade, investments, and project efforts. This article is based on statistical and comparative analysis and systematic approach. Statistical analysis is based on the data provided by UNCTAD to ensure data compatibility. © 2021, Springer Nature Switzerland AG.