arab gulf states

S&P: Negative Rating Actions Taken On Qatari Banks

• On June 7, 2017, S&P lowered its long-term sovereign credit rating on the State of Qatar to ‘AA-‘ and placed it on Credit Watch with negative implications. In S&P’s view, the moves by a group of governments to cut diplomatic ties and trade and transport links with Qatar will exacerbate the country’s external vulnerabilities

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Qataris Banned from Flying Via UAE as Gulf Curbs Mount

By Saeed Azhar and Jamie Freed DUBAI/SYDNEY, June 7 – Qataris will no longer be allowed to land at any airports in the United Arab Emirates or catch connecting flights there as part of increased efforts by Arab powers to isolate the Gulf state. UAE airlines Etihad and Emirates announced the details of the travel

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Qatar Asking Turkey, Iran About Providing Food, Water

By Tom Finn DOHA, June 7 – Qatar is talking to Iran and Turkey about securing food and water supplies to stave off possible shortages two days after its biggest suppliers, the United Arab Emirates and Saudi Arabia, cut trade and diplomatic ties, a government official said on Wednesday. “We are in talks with Turkey

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UAE Bans Expressions of Sympathy Towards Qatar: Media

DUBAI, June 7 – The United Arab Emirates has banned people from publishing expressions of sympathy towards Qatar and will punish offenders with a jail term of up to 15 years, the UAE-based newspaper Gulf News and pan-Arab channel Al-Arabiya reported on Wednesday. The United Arab Emirates, along with several other powerful Arab states, severed

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Qatar Seeks Kuwaiti Mediation After Powerful Arab Nations Shun It

By Tom Finn and Sylvia Westall DOHA/DUBAI June 6 – Qatar’s ruler postponed an address to his country on Tuesday over its sudden and damaging diplomatic isolation from other leading Arab nations, in order to allow Kuwait some time and room to mediate. In a sign of the potential consequences for the Qatari economy, a

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FIFA “In Contact” with Qatar Over 2022 World Cup

ZURICH, June 5 – Soccer’s governing body FIFA said it was in “regular contact” with the organising committee of the 2022 World Cup in Qatar on Monday though it did not comment directly on the diplomatic situation involving the Gulf State. Saudi Arabia, Egypt, the United Arab Emirates and others severed ties with Qatar on

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Some Egyptian Banks Halt Dealings With Qatari Banks After Rupture

By Asma Alsharif CAIRO, June 5 – Some Egyptian banks halted dealings with Qatari banks on Monday, four Cairo-based bankers said, responding to Cairo’s announcement that it had cut ties with Qatar, accusing it of supporting terrorism. Egypt’s action, announced in the early hours of Monday, was coordinated with similar moves by Saudi Arabia, the

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Saudi Arabia, Egypt, UAE Sever Ties with Qatar Over “Terrorism”

By Noah Browning DUBAI, June 5  – Saudi Arabia, Egypt, the United Arab Emirates and Bahrain severed their ties with Qatar on Monday, accusing it of supporting terrorism, opening up the worst rift in years among some of the most powerful states in the Arab world. The coordinated move dramatically escalates a dispute over Qatar‘s

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South Africa’s Zuma Denies Owning “Palace” in Dubai

JOHANNESBURG, June 4 – South African President Jacob Zuma has denied owning a “palace” in the United Arab Emirates, his office said on Sunday, after local media reported that an influential family bought him a home in the wealthy Gulf state. Graft accusations in more than 100,000 leaked documents and e-mails last week heaped more

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Gulf Arab Row Rattles Trump’s Anti-Iran Axis

By Sylvia Westall and Tom Finn DUBAI/DOHA, May 31 – Just 10 days after President Donald Trump called on Muslim countries to stand united against Iran, a public feud between Qatar and some of its Gulf Arab neighbours is jolting his attempt to tip the regional balance of power against Tehran. Saudi Arabia and the

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