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Business Egypt

  • *Some banks dial down business dealing with Qatar. The comments on Twitter-- Trump's first about the rift between Qatar and major Arab nations over alleged support of Iran and Islamist groups-- came as the leader of Kuwait was to meet in Saudi Arabia to try to mediate the dispute. Saudi Arabia, Egypt, the United Arab Emirates and Bahrain severed relations with Qatar...

  • *Assault overlaps with final stages of Mosul campaign. *U.S. support for Kurdish militia fuels tension with Turkey. HUKOUMIYA, Syria/ BEIRUT, June 6- The U.S.-backed Syrian Democratic Forces said on Tuesday it had launched a battle to capture Raqqa, Islamic State's de facto Syrian capital, piling pressure on the jihadists whose self-declared caliphate is in...

  • *Some banks dial down business dealing with Qatar. DOHA/ DUBAI June 6- Kuwait's ruler will travel to Saudi Arabia on Tuesday, hoping to heal a damaging rift between Qatar and powerful Arab states over the former' s alleged support of Islamist militants and of political and religious rival Iran. Saudi Arabia, Egypt, the United Arab Emirates and Bahrain severed...

  • 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. Qatar's foreign minister, Sheikh Mohammed bin Abdulrahman al-Thani, said Doha was ready for mediation efforts after Saudi Arabia, Egypt, the...

  • CNBC's Hadley Gamble reports from Riyadh on the economic fallout of a recent diplomatic spat between Qatar and four other Arab countries.

  • View of Doha's skyline

    A fierce spat between Qatar and leading Arab nations could see Doha shift closer to Turkey and Iran in a move that could alter Middle Eastern politics.

  • BUDAPEST- Hungarian Central Bank non-rate-setting meeting. SYDNEY- Reserve Bank of Australia monetary policy meeting- 0430 GMT. WEDNESDAY, JUNE 7 BOGOTA- Colombian Finance Minister Mauricio Cardenas and Central Bank head, Juan Jose Echavarria, will attend a finance industry conference.

  • *Powerful Arab states accuse Qatar of backing Iran agenda. DUBAI, June 5- The Arab world's biggest powers cut ties with Qatar on Monday, accusing it of support for Islamist militants and Iran, and reopening a festering wound two weeks after U.S. Saudi Arabia, Egypt, the United Arab Emirates and Bahrain severed diplomatic relations with Qatar in a coordinated move.

  • *Powerful Arab states accuse Qatar of backing Iran agenda. DUBAI, June 5- The Arab world's biggest powers cut ties with Qatar on Monday over alleged support for Islamists and Iran, reopening a festering wound two weeks after U.S. Saudi Arabia, Egypt, United Arab Emirates and Bahrain severed diplomatic relations with Qatar in a coordinated move.

  • *Powerful Arab states accuse Qatar of backing Iran agenda. DUBAI, June 5- The Arab world's biggest powers cut ties with Qatar on Monday over alleged support for Islamists and Iran, reopening a festering wound two weeks after U.S. Saudi Arabia, Egypt, United Arab Emirates and Bahrain severed diplomatic relations with Qatar in a coordinated move.

  • Why Saudi Arabia is mad at Qatar and why we care

    Tensions are high after Saudi Arabia closed its borders with Qatar on Monday.

  • An oil well owned an operated by Apache Corporation in the Permian Basin is shown in Garden City, Texas, Feb. 5, 2015.

    Oil prices reversed gains to trade down on concerns that the cutting of ties with Qatar by top crude exporter Saudi Arabia and other Arab states could hamper a global deal to reduce oil production.

  • People are seen buying essential food staples at a supermarket in Doha, Qatar, Monday, June 5, 2017.

    The diplomatic break between Qatar and other Gulf nations doesn't threaten to immediately upend oil and natural gas flows, analysts say.

  • *Powerful Arab states accuse Qatar of backing Iran agenda. DUBAI, June 5- The Arab world's biggest powers cut ties with Qatar on Monday over alleged support for Islamists and Iran, reopening a festering wound two weeks after U.S. Saudi Arabia, Egypt, United Arab Emirates and Bahrain severed diplomatic relations with Qatar in a coordinated move.

  • *Qatar is world's biggest exporter of LNG. SINGAPORE/ LONDON, June 5- Saudi Arabia and key allies on Monday cut ties with Qatar, the world's top seller of liquefied natural gas, stoking concern over any supply disruptions to neighbouring countries spilling over into global gas markets. Saudi Arabia, along with the United Arab Emirates and Egypt- both highly reliant...

  • Oil prices slip on Gulf rift

    CNBC's Jackie DeAngelis reports oil prices dropped on news Saudi Arabia, United Arab Emirates, Bahrain and Egypt broke diplomatic ties with Qatar.

  • FIFA logo seen near the headquarter

    Soccer's governing body FIFA said it was in "regular contact" with the organizing committee of the 2022 World Cup in Qatar on Monday.

  • Qatar's stock market tumbled more than 7 percent on Monday as six of the Middle Eastern country's neighbors reportedly cut diplomatic relations with Doha.

  • A picture taken on June 5, 2017 shows a Saudi woman and a boy walking past the Qatar Airways branch in the Saudi capital Riyadh, after it had suspended all flights to Saudi Arabia following a severing of relations between major gulf states and gas-rich Qatar.

    Saudi Arabia broke diplomatic relations and all land sea and air contacts with fellow Gulf Arab state Qatar on Monday, citing terrorism.

  • *But borrowing could become more expensive for Qatar, others. DUBAI, June 5- A diplomatic rift between Qatar and its Gulf neighbours may cost them billions of dollars by slowing trade and investment and making it more expensive for the region to borrow money as it grapples with low oil prices. With an estimated $335 billion of assets in its sovereign wealth fund,...