Israeli liaison minister gives Qatar mixed review on Hamas

Saturday, 17 March 2018

An Israeli official who has coordinated with Qatar on aid to the Palestinians credited it on Friday with trying to prevent the funds reaching Hamas, but accused it of still “flirting” with the militant group. Qatar says Israel’s blessing for the some $800 million in civilian relief funds it has funneled to the war-ravaged Gaza Strip counters suspicions it backs Hamas, which has de facto control of the enclave but is shunned by Israel and the West. “If we are helping Hamas ...

Qatar airways boss predicts losses, blames Arab boycott

Tuesday, 13 February 2018

Qatar Airways' chief executive admitted on Tuesday that the carrier will post a loss this year due to the fact that the four boycotting Arab countries have severed land, air and sea links with Qatar. Akbar al-Baker said that the ban on Qatar's flagship airline flying to neighboring Saudi Arabia, United Arab Emirates, Bahrain and Egypt since last summer has forced it to fly longer routes through Turkey and Iran, and has hit the company's bottom line. "We have increased maintenance costs ...

The GCC summit in Kuwait survived while Doha didn’t

Wednesday, 6 December 2017

Despite the blurred smiles among delegations, the Emir of Qatar could not hide his awkward position when he sat for the first time since the dispute broke out facing the ministers of Saudi Arabia, the United Arab Emirates and Bahrain. It is more than a disagreement. It is outright hostility. A day before the Kuwait summit, Qatar demonstrated animosity by supporting the Houthis in their war against Yemenis and Saudi Arabia. Yesterday, Qatar supported the killing of former President Ali Abdullah ...

Abdulrahman al-Rashed

MSCI may use offshore FX rates for Qatar stocks as boycott hurt riyal access

Wednesday, 22 November 2017

International equity index compiler MSCI may shift to using offshore foreign exchange rates to value Qatar's equities market because sanctions against Doha have made it more difficult for foreign investors to obtain riyal onshore, MSCI said.If it goes ahead, the shift could lead to changes in the weighting of Qatari stocks in MSCI’s emerging market index, which is used as a benchmark by funds managing around $1.6 trillion of assets.Saudi Arabia, the United Arab Emirates, Bahrain and Egypt ...

Qatar’s foreign reserves, liquidity drop in September

Tuesday, 7 November 2017

The Qatar central bank’s international reserves and foreign currency liquidity dropped in September, in a sign of capital outflows caused by sanctions imposed by other Arab states. The reserves and liquidity, a measure of the central bank’s ability to support the riyal currency, fell to $35.6 billion in September from $39.0 billion in August, official data showed on Tuesday. Qatar’s intransigence with its Gulf neighbor has become a source of concern at various economic ...

Qatar continues selling its properties, are Barclays and Glencore stocks next?

Tuesday, 3 October 2017

As the Anti-Terror Quartet countries’ boycott of Qatar continues, so does Doha’s economic deterioration. Qatar is being forced to sell more assets and make new arrangements to ensure sufficient liquidity to support its domestic market, leading the country’s sovereign fund to shift from being one of the largest foreign assets’ owner to a seller. After Qatar cut its share in Credit Suisse Bank, Rosneft for oil and Tiffany for jewelry in the last few days, Qatar Investment ...

Renewed hope in Qatar’s emerging opposition

Wednesday, 20 September 2017

The Qatari opposition has found a new voice. This was evident at a conference held in London by Qatari opposition figures on Thursday. This new voice and vitality will enable the reinvigorated opposition to pursue its cause in all Qatar-related matters.It’s been more than three months since Saudi Arabia, Bahrain, Egypt and the UAE boycotted Doha over its relentless 20-year long hostile policies against them. The time has come to increase pressure against Qatar at the international ...

Abdullah bin Bijad Al-Otaibi

Bahrain accuses Qatar of plot to topple regime with ‘Academy of Destruction’

Tuesday, 22 August 2017

Bahraini TV has broadcast a documentary entitled the "Academy of Destruction" that shed light on the work of the Academy of Change which Doha backs and aired confessions that Doha wanted to topple the regime in Bahrain. According to the aired confessions, figures who were embraced by the academy were sent to Manama to execute the Qatari goal to spread incitement and chaos to topple the regime in Bahrain. READ ALSO: Bahraini parliament to take legal actions against Qatari ...

Boycott is affecting Qatar’s economy as well as workers

Friday, 21 July 2017

For all the brave front that Qatar is putting up in wake of the boycott by Gulf and Arab states over Doha’s role in propping up terror networks in the region, the reports come in from those directly affected in business sectors tells a contrary story. “The current [Gulf Cooperation Council] diplomatic crisis has drowned out conversations on migrant rights in the region, but the two are actually linked,” David Segall, who researches labor in the Gulf at New York University&rsquo ...

High living costs as food, travel prices shoot up in Qatar

Wednesday, 12 July 2017

Living costs in Qatar have become far more expensive following boycott by all of Saudi Arabia, the UAE, Bahrain and Egypt, Al Arabiya’s sister news channel, Al Hadath reported on Wednesday. Food prices have doubled and at times went up 10 times if compared to costs prior to the boycott, which started in early June. Airline tickets have also soared as it became compulsory for travelers to leave to a third country to reach their destinations. General Authority of Civil Aviation in all of ...

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