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Qatar blockade

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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…

88 percent of Qataris said they see media in their country as credible, and 99 percent said they think their country is headed in the right direction. Despite the blockade imposed upon Qatar by Saudi Arabia, the United Arab Emirates, Egypt and Bahrain, the country continues to prosper not only in the GCC region but globally. The World Bank has predicted that Qatar’s economy will grow by 3 percent in both 2019 and 2020, and…

The Qatari team has beaten both Saudi Arabia and the UAE on its way to the final of the Asian Cup football tournament. Qatar has beaten the United Arab Emirates 4-0 to reach the final of the Asian Cup. In a display of unsportsmanlike conduct, the game descended into chaos as UAE fans threw bottles, shoes and sandals at Qatari players during the match. https://www.youtube.com/watch?v=YLdjvNrJDDY What’s more, the Qatar national anthem was booed by home…

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…

The Emir of Qatar’s first-ever visit to Lebanon took place on Sunday where he pledged to help the struggling nation. Qatar has announced that it will support Lebanon by buying US$500 million worth of Lebanese government bonds. According to Bloomberg, Lebanon’s struggling economy needs a cash injection to reassure bond holders over the possibility of debt restructuring. Finance Minister Ali Hasan Khalil shook bond markets recently when he told a newspaper the country may restructure…

The Qatari team beat the Saudis comfortably, securing a 2-0 win in a match which extended far beyond the football stadium Qatar has beaten Saudi Arabia in the Asian Cup football tournament held in the UAE. The Qatari team beat the Saudis with an impressive performance, securing a 2-0 win in a match which extended far beyond the realms of the football stadium. The meeting was the first soccer match between Saudi Arabia and Qatar…

Concerns surround what affect the UAE’s flight ban could have on other major sporting events, mainly the 2022 World Cup. A report has uncovered a worrying issue involving the blockade against Qatar and major sporting events affected by its no-fly zone. According to the Associated Press, Qatar’s soccer players were recently involved in a circuitous flight route to the UAE via Kuwait, lasting more than five hours to attend the Asian Cup. Such a flight…