Oil-rich Gulf Arab monarchies sealed an accord to fight terror, adopted steps to speed up economic unity and welcomed US plans to transfer power to Iraqis, at the end of their annual summit. The leaders of the six-nation Gulf Cooperation Council (GCC) said the pact will coordinate their efforts in the fight against terror following a wave of deadly bomb attacks in Saudi Arabia. “Expressing keen interest in boosting joint security cooperation and coordination to fight terror, the summit approves the signing of the GCC agreement to combat terrorism,” said the final communique, read by Secretary General Abdulrahman al-Attiya. The GCC groups the gas- and oil-rich states of Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates (UAE). Full Story