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Omar Hajjar

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In 2017, banks were warned that doing business with Qatar would lead to consequences, but now the tide has changed. With Qatar’s emergence as a major player on the world stage, bankers have criticized the GCC dispute stating it’s bad for business. Initially choosing to chase Saudi Arabia, leading banks are now trying to repair ties with Doha’s financial district. According to Bloomberg, executives from HSBC Holdings Plc, Goldman Sachs Group Inc. and other global…

President Hassan Rouhani said Iran will continue to pursue its missile programme to defend the country from external threats. On February 11th 2010, Iran celebrated the 40th anniversary of the 1979 revolution up and down the country. The Iranian people took to the streets to mark the momentous occasion as they renewed their allegiance to the country’s Islamic principles amid rising political and economic pressure over US sanctions. Iranian President Hassan Rouhani addressed the crowds…

The fake protest follows revelations that a PR firm in London offered cash to extras to form an “anti-Qatar event” near Downing Street during a meeting between the Emir and Theresa May. Qatar has found evidence of an “international smear campaign” after extras were offered US$100 to take part in a demonstration against the country outside the United Nations headquarters in New York. The fake protest follows revelations that a PR firm in London offered cash to extras…

Experts have claimed that Saudi Arabia’s bid to provide its own aid to Lebanon may be seen as an effort to push back on Qatar in the country. In what has been viewed as further evidence of regional competition and a move set to exacerbate the GCC diplomatic dispute, Saudi Arabia has followed Qatar’s lead and offered support to Lebanon. The kingdom’s finance minister told CNBC that Saudi Arabia is prepared to do all it can…

Pompeo made official visits to both Doha and Riyadh this week, and called for a resolution to the ongoing GCC dispute. US Secretary of State Mike Pompeo has called for an end to the 19-month blockade of Qatar by Saudi Arabia, Bahrain, Egypt, and the UAE. According to Al Jazeera, the US politician made official visits to both Doha and Riyadh this week, and called for a resolution to the GCC dispute.  We are all…

Sister of imprisoned activist is shocked that Secretary of State Mike Pompeo isn’t planning on mentioning her plight during visit to Saudi Arabia. Alia Al-Hathloul’s sister Loujain is being detained in a Saudi Arabian prison purely for standing up for women’s right in the country. Alia is shocked that when Secretary of State Mike Pompeo visits Saudi Arabia this week, many brave women activists, who are being held in the kingdom’s prisons for seeking rights…

The Qatar Foundation is helping diversify the country’s knowledge-based economy so it’s not so reliant on oil and gas. The Qatar Foundation (QF) is busy developing its very own silicon valley to help build the nation’s knowledge-based economy. According to the Harvard Business Review, the non-profit organization, supporting Qatar’s development through its education, research, and community development initiatives, is diversifying the country’s focus so that it’s not solely reliant on oil and gas. We don’t…

Saudi officials are unhappy that Qatar’s Emir snubbed an invite from King Salman to attend the GCC summit in Riyadh Qatar’s decision to send a junior foreign minister to the annual Gulf Cooperation Council (GCC) meeting in Riyadh has rattled Saudi officials, according to reports. The Guardian newspaper in the United Kingdom has pointed out that the deep divisions among Gulf states were exposed when Saudi Arabia’s allies rounded on Qatar’s leadership for snubbing a…

Saudi Arabia suffers as both local and foreign investors snub the troubled kingdom in favour of Qatar’s safer economic environment. A report by Bloomberg has found that foreign stock investors have opted for Qatar over Saudi Arabia in 2018. Official figures show that overseas institutional investors were net buyers of about US$2.3 billion of shares traded on Doha’s stock market this year, more than triple the foreign flows into Riyadh. According to telling stock-exchange data,…

Qatar to attend final OPEC meeting this week which will be followed by the GCC summit later this month. Qatar has revealed it is quitting the Organization of the Petroleum Exporting Countries (OPEC) in January 2019. According to Reuters, representatives from Qatar will attend their final OPEC meeting this week, before going it alone to focus on cementing its position as the world’s top liquefied natural gas (LNG) exporter. A non-political decision OPEC was formed…