The move represents a flagrant violation of diplomatic norms and Yemen's sovereignty, according to Arab officials.
Sanctions have been imposed on Mahan Air offices and companies used by the IRGC's Quds Force to send weapons to Yemen's Houthis.
The two-day annual summit brought together rulers and representatives of the six GCC member states in the Saudi capital Riyadh.
In the year since the agreement was signed, the Iran-backed militia has committed some 12,000 violations in order to further Iran's agenda.
New International Atomic Energy Agency director general warns that the agency's inspectors 'should not be intimidated... in any way'.
The Iran-backed militia fears an outbreak of street protests similar to those that have rocked Iraq and Lebanon in recent weeks.
The coalition says it plans to release prisoners and facilitate flights from Houthi-controlled Sanaa for people in need of medical care.
The Houthis' November 24th attack triggered an escalation in violence between the warring sides that threatens a fragile truce in the Red Sea port city.
Massoud Molavi helped run a channel on Telegram which published corruption allegations against members of the Iranian government.
IRGC Quds Force commander Qassem Soleimani has been touted as a mastermind by pro-Iran media, but his achievements tell another story.