Starting from Kuwait in 1976 AD, and Jeddah in 1979 AD, the visions and ideas of the federations and chambers of the Arab Gulf states crystallized the importance of establishing an economic entity to confirm the bonds of brotherhood and destiny in support of the Gulf economic and social cooperation steps.
The first stop: The city of Jeddah hosted, between October 16-20, 1976 AD, the first economic development conference of the Arab Gulf Chambers, with the aim of discussing ways of economic cooperation between the people of the Arab Gulf and the role that the Gulf private sector can play to achieve this cooperation.
The conference was attended by the federations and chambers of the Gulf Arab states in the United Arab Emirates, the Kingdom of Bahrain, the Kingdom of Saudi Arabia, the Sultanate of Oman, the State of Qatar, the State of Kuwait, and the Republic of Iraq.
The recommendations of the conference came in line with the aspirations and directions of the Gulf private sector, with the need to establish a Federation of Chambers of Commerce, Industry and Agriculture of the Gulf Arab countries, based in Dammam, Saudi Arabia. A special committee was formed to prepare the draft statute for the federation to be presented to the second conference, which decided to hold it in Kuwait.
On October 14, 1979, Kuwait City hosted the second conference of the Chambers of Commerce, Industry, and Agriculture of the Gulf Arab countries.
In this conference, the statute of the Federation of Gulf Chambers was approved its establishment was announced, and the statute was signed, so the federations and chambers of the United Arab Emirates, the Kingdom of Bahrain, the Kingdom of Saudi Arabia, the Republic of Iraq, the Sultanate of Oman, the State of Qatar, and the State of Kuwait became members of the Federation Council.
In the aftermath of the Iraqi invasion of the State of Kuwait on August 2, 1990, the membership of the Iraqi Republic was revoked, and the name of the federation was changed to the Federation of Chambers of the Gulf Cooperation Council.