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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…

Qatar has won the Asian Cup by beating four-time winner Japan 3-1 on Friday, and achieving its first victory in a major international tournament. The Maroons landed at Doha’s old airport on Friday, after traveling via Oman as direct flights between Qatar and Asian Cup host UAE remain banned due to a 20-month blockade imposed by several Gulf countries. Upon landing, the players where welcomed by Emir Sheikh Tamim bin Hamad Al-Thani. The players then…

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…

Qatar’s new international assertiveness has led it into areas where Riyadh has for years been the dominant Gulf party and comes amid a succession of scandals to hit Saudi Arabia in recent months. Qatar continues to gain international recognition the world over, this time from the renowned Financial Times newspaper in the United Kingdom which highlights the country’s success since the Saudi-led siege took hold 18 months ago. According to the newspaper, Qatar is seeking…

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…

The Emir pledged support which is aimed at helping the struggling nation, and follows a US$4 billion pledge to develop the Suakin port last year. Qatar’s Emir has offered support for Sudan’s “unity and stability” during a meeting with President Omar al-Bashir on Wednesday. According to Reuters, the support is aimed at helping the struggling nation and in part for access to the Red Sea. Last year, Qatar agreed a US$4 billion deal to jointly…

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…

“Right now our economy is doing very well and our financial reserves are doing very well and we are very well positioned and ready for new investments,” Sheikh Mohammed bin Abdulrahman Al Thani said. Qatar has signaled that it is ready to increase its international investments and donations to bolster its overseas standing in the face of the continuing embargo by its Gulf neighbours. According to the Financial Times, Qatari officials called for the 18-month…

By becoming the first of the energy-rich Gulf States to withdraw from OPEC, Qatar has signalled its disapproval with an organisation under increasing Saudi interference. Qatar’s decision to leave OPEC is aimed at reinforcing the country’s autonomy from its Arab neighbours, says Kristian Coates Ulrichsen, the author of “The Gulf States in International Political Economy.” Writing for the New York Times, Ulrichsen says that by becoming the first of the energy-rich Gulf States to withdraw…