A. GCC Digital Currency
B. Gulf Railway Project
C. A multinational maritime defence coalition
D. Middle East Free Trade Agreement

Detailed Explanation:

On 31 July 2026, Saudi Arabia proposed a multinational maritime defence coalition to improve security in the Red Sea and the Strait of Hormuz after continued disruptions to commercial shipping during the Iran conflict. The initiative aims to protect global trade routes and energy supplies.

Important Exam Facts

• Date: 31 July 2026
• Country: Saudi Arabia
• Proposal: Maritime defence coalition
• Purpose: Protect shipping lanes
• Strategic areas: Red Sea and Strait of Hormuz

Related Questions & Quick Answers

• What is the capital of Saudi Arabia? — Riyadh.
• Which sea borders western Saudi Arabia? — Red Sea.
• Which strait is vital for oil exports? — Strait of Hormuz.
• What is GCC? — Gulf Cooperation Council.
• Which city hosts Islam’s holiest mosque? — Makkah.