In a series of sessions, Carter urged the Arab countries to specifically help with the reconstruction of cities of Ramadi and Hit as well as Anbar province, areas that have been won back from the militant group but left in near-shambles.
He said helping the Iraqi people go home and rebuild their lives would lead to a more lasting victory and promote a more inclusive government.
A senior defense official said the defense chiefs had a robust discussion, but came to no solid agreements on the increased aid.
The official said it appears the Gulf nations will be willing to consider doing more. But the Sunni leaders want to wait until they see more political improvements in Baghdad and greater participation and aid for the Sunni population before they agree to do more. Iraq is a Sunni-majority country with a Shiite-led government.
In recent comments to The Atlantic Magazine, Obama described Gulf countries, among others, as "free riders" that show "an unwillingness to put any skin in the game" when it comes to their own regional security. Those comments have chilled Obama's welcome at the summit.
And, while Saudi Arabia, the United Arab Emirates and other Gulf states are part of the US-led coalition battling the Islamic State group in Iraq and Syria, they have done only limited airstrikes in Syria.
"What we would like, and what we discussed today, is to do more," said Carter, who spoke at Diriyah Palace alongside Gulf Cooperation Council Secretary-General Abdullatif al-Zayani.
At the meeting were defense ministers from the six GCC nations Saudi Arabia, Kuwait, Bahrain, United Arab Emirates, Oman and Qatar.
The ministers also reaffirmed ways that their militaries can work more together, including in training, exercises and missions with their special operations and naval forces.
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