Tag Archives: qatar

Demands presented unreasonable: Doha

Amir hopes Gulf rift heals DOHA, June 24, (Agencies): Qatar said Saturday that a 13-point list of demands made by Saudi Arabia and its allies impinged on its sovereignty and failed to meet US expectations they be “reasonable”. Meanwhile, His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah expressed hope …

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Qatar sovereign fund moves stakes to govt

India to run extra Eid flights to Qatar due to embargo DOHA, June 22, (Agencies): Qatar’s sovereign wealth fund has transferred over $30 billion worth of its domestic equity holdings to the finance ministry and may sell other assets as part of a restructuring drive, people familiar with the matter …

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US says frustrated over Qatar embargo – UN chief backs Kuwait mediation

WASHINGTON, June 21, (Agencies): The United States declared itself “mystified” on Tuesday that Saudi Arabia and its Gulf allies have failed to justify their embargo on Qatar, and urged both sides to resolve the dangerous dispute. Signaling Washington’s mounting frustration at Riyadh’s role in the crisis, State Department spokeswoman Heather …

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Qatar rift risks raising cost for Gulf debt issuers

DUBAI/RIYADH June 21, (RTRS): Qatar’s rift with its Arab neighbours is threatening to puncture investor appetite for the Gulf region as a whole, translating into potentially higher debt costs for governments and possibly slowing the pace of Saudi Arabia’s economic reforms. Saudi, United Arab Emirates, Bahrain and Egypt broke relations …

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Doha due in DC, places its trust in Kuwait mediation

DOHA, June 20, (Agencies): Qatari Foreign Minister Sheikh Mohammed bin Abdulrahman al-Thani said on Monday that he plans to travel to the United States next week to discuss the impact of a rift with Gulf Arab states on its economy and on the fight against terrorism. Sheikh Mohammed also told …

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Travel hub Qatar cut off from local routes

Camels caught up in feud reunited with owners QATAR, June 20, (Agencies): Sitting on an airplane from Qatar trying to get home to Dubai, I could only watch frustrated as a scrolling map showed my flight pass overhead of my skyscraper-studded city and continue further east. It’s typically an hour …

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‘Don’t endanger sports in blockaded Qatar’

LAUSANNE, June 19, (AFP): ”Sport must be separate from politics,” the Association of National Olympic Committees (ANOC) pleaded Monday, as Qatar remains diplomatically isolated from some Gulf neighbours over accusations the emirate supports extremism. Saudi Arabia, the United Arab Emirates and Bahrain were among a string of countries which this …

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UAE WARNS DOHA ISOLATION COULD LAST FOR YEARS – Lift blockade before Gulf talks: Doha

EXPULSION OF QATARIS COMES INTO EFFECT – TURKISH TROOPS DRILL IN QATAR DOHA, June 19, (Agencies): Qatar’s foreign minister on Monday called on neighbouring states to lift their “blockade” of his country before Doha takes part in any negotiations on ending the Gulf diplomatic crisis. Sheikh Mohammed bin Abdulrahman Al-Thani …

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Qatar says ‘Gulf crisis’ puts $2 billion in contracts at risk

‘Sovereign wealth fund unaffected’ DOHA, June 19, (AFP): The political crisis in the Gulf is putting at risk business deals worth $2 billion in Arab countries that have cut ties with Qatar, an economic official in the emirate said Monday. Yousuf Mohamed al-Jaida, chief executive of the Qatar Financial Centre, …

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Qatar govt prepared to cover banks if deposits ‘withdrawn

$18 bln deposits from blockade nations DOHA, June 19, (RTRS): Qatar’s government is prepared to support local banks if foreign institutions withdraw deposits from them because of an economic boycott against Doha, the chief executive of the Qatar Financial Centre (QFC) said on Monday. Yousef al-Jaida said institutions from Saudi …

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