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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…

Mohammed bin Salman told a top aide that he would use “a bullet” on Khashoggi. Despite managing to so far dodge the proverbial bullet over the murder of Jamal Khashoggi, Crown Prince Mohammed bin Salman is facing fresh claims that he was behind the assassination of the Saudi journalist. According to the New York Times, an intelligence report reveals that Prince Mohammed told a top aide in 2017 that he would use “a bullet” on Khashoggi.…

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 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…

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…

Khashoggi murder is the latest in a long line of confidence shaking events to take place at the request of Crown Prince Mohammed Bin Salman. The murder of Saudi journalist Jamal Khashoggi turned the world’s politicians against Crown Prince Mohammed Bin Salman, but private capital turned against him long before that. According to a report by Bloomberg, money has been flooding out of Saudi Arabia ever since the prince ordered the detention of dozens of…

US President Donald Trump said Sunday he was eager to maintain the alliance with Saudi Arabia after being informed of the content of the recording of the murder of Saudi journalist Jamal Khashoggi. The recording, which was provided by Turkey, is “a suffering tape, (…) a terrible tape,” Trump said in an interview with Fox News. However, Trump said he declined to listen to it. Trump said that a full US report on the Khashoggi…

Saudi Arabia wants to see its tourism revenues surpass US $56.2 billion by year 2018, according to a Saudi News Agency report. According to the report, tourism has grown much faster than the entire Saudi economy in recent years thanks to a series of measures taken by the government to stimulate the sector. Tourism revenues have risen from $15.2 billion in 2004 to more than $51.4 billion in 2017 (SR211 billion), the report says, adding…

Following the murder of journalist Jamal Khashoggi, Saudi Arabia has been shunned by most of the world. Following the international outcry surrounding the murder of journalist Jamal Khashoggi, Saudi Arabia has fallen out of favour with most of the world’s super powers. A safer bet According to Reuters, Qatar is fast-becoming the most prominent nation in the Middle East and most certainly a safer bet following the dramatic events surrounding Khashoggi. With a colossal natural-resource…