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Europe Top News and Analysis Qatar

  • SINGAPORE, July 26- The United Arab Emirates will import the country's first oil cargo from the United States, two sources familiar with the matter said, as the OPEC producer sought substitutes to replace Qatari condensate supplies after a diplomatic row. The UAE halted condensate imports from Qatar after it, along with Saudi Arabia, Egypt and Bahrain, severed...

  • SINGAPORE, July 26- The United Arab Emirates will import the country's first oil cargo from the United States, two sources familiar with the matter said, as the OPEC producer sought substitutes to replace Qatari condensate supplies after a diplomatic row. The UAE halted condensate imports from Qatar after it, along with Saudi Arabia, Egypt and Bahrain, severed...

  • Oil erased early losses after leading OPEC producer Saudi Arabia pledged to cut its exports to help speed up the the market rebalancing.

  • *Abu Dhabi Commercial Bank falls after quarterly earnings. *Saudi's Alinma Bank, Arabian Shield rise after earnings. DUBAI, July 23- Islamic finance firm Amlak helped to boost Dubai's stock market on Sunday while Qatar pulled back after events at the weekend failed to point to progress in resolving the diplomatic crisis between Doha and neighbouring states.

  • U.S. Secretary of State Rex Tillerson (R) meets with Qatari Foreign Minister Sheikh Mohammed bin Abdulrahman Al Thani at the State Department in Washington, U.S., June 27, 2017.

    Rex Tillerson approved of Qatar's efforts to implement an agreement aimed at combating terror financing.

  • The skyline of Doha, Qatar.

    It's time for negotiation and dialogue, not confrontation, says Yousef Ali Al-Khater, Qatari ambassador to the U.K.

  • *Qatar signs accord with U.S. amid Gulf dispute. Saudi Arabia, Bahrain, the United Arab Emirates and Egypt imposed sanctions on Qatar last month, saying the gas-rich Gulf state finances Islamist militants throughout the region. But a Western official in the Gulf who has seen the document said it specifies actions Qatar will take by the end of the year, including...

  • *Qatar signs accord with U.S. amid Gulf dispute. Saudi Arabia, Bahrain, the United Arab Emirates and Egypt imposed sanctions on Qatar last month, saying the gas-rich Gulf state finances Islamist militants throughout the region. But a Western official in the Gulf who has seen the document said it specifies actions Qatar will take by the end of the year, including...

  • DOHA, July 20- Qatar's central bank governor said Doha's dispute with four Arab states had not affected long-term oil and gas contracts, state news agency QNA said on Thursday. "Long-term agreements signed by the state of Qatar to provide its customers with oil and gas are sufficient to guarantee continued supply without any problems," QNA quoted Sheikh Abdullah...

  • Time for 'negotiation and dialogue, not confrontation': Qatar ambassador

    It's time for "negotiation and dialogue, not confrontation", Qatar's ambassador to the UK Yousef Ali Al-Khater said, discussing the Gulf's demands of Qatar.

  • Qatar has seen US proof that UAE orchestrated hack, ambassador says

    Qatar ambassador to the UK, Yousef Ali Al-Khater, said the country has seen evidence from US intelligence that the UAE orchestrated a hack on the Qatar's state media.

  • DUBAI/ DOHA, July 19- When is $300 billion not enough? That question is key to Qatar's future as some bankers and hedge funds speculate the super-rich state's vast financial reserves may not be liquid enough to defend its currency in the long term. Central bank governor Sheikh Abdullah bin Saud al-Thani said last week that Doha could employ about $340 billion of...

  • *Qatar says Post report "reveals UAE involvement". LONDON/ DOHA July 17- Qatar said on Monday that a U.S. media report had shown that the United Arab Emirates was involved in an alleged hack of Qatar's state news agency in late May that helped spark a diplomatic crisis in the Gulf. Saudi Arabia, the UAE, Bahrain and Egypt all cut off diplomatic and transport ties with...

  • LONDON, July 17- The United Arab Emirates was not responsible for an alleged hack of Qatari websites which helped spark a month-long diplomatic rift with Doha, the UAE's minister of state for foreign affairs said on Monday. Qatar's emir, Sheikh Tamim bin Hamad al-Thani, was quoted in May as praising Gaza's ruling Hamas movement and calling Iran an "Islamic power".

  • DUBAI, July 17- Qatari shopping mall operator Doha Festival City said it remained in discussions with banks to amend a $1 billion loan after bankers said a refinancing of the facility had been put on hold because of Qatar's diplomatic crisis. Several bankers, including two at Qatari institutions involved in the proposed deal, told Reuters that the refinancing...

  • Deutsche Bank headquarters

    Europe's top banking regulator, the European Central Bank (ECB), is considering carrying out a special assessment of Deutsche Bank's two largest shareholders.

  • Bahraini Foreign Minister Khalid bin Ahmed al-Khalifa (L), Egyptian Foreign Minister Sameh Shoukry (C-L), Saudi Foreign Minister Adel al-Jubeir (C-R), and UAE Minister of Foreign Affairs and International Cooperation Abdullah bin Zayed Al-Nahyan (R) meet in the Egyptian capital Cairo on July 5, 2017, to discuss the Gulf diplomatic crisis with Qatar, as Doha called for dialogue to resolve the dispute.

    The UAE planted a false story on a Qatari site that was used as a pretext for the current diplomatic crisis, The Washington Post reported.

  • *UAE banks reluctant to take part for political reasons. DUBAI/ DOHA July 16- The refinancing of a $1 billion loan by Doha Festival City, a retail and hospitality complex in Qatar, has been indefinitely postponed as a diplomatic crisis deters regional banks from doing new Qatari business, bankers said. But Saudi Arabia, the UAE, Egypt and Bahrain cut diplomatic and...

  • In early June, Saudi Arabia, the United Arab Emirates, Bahrain and Egypt cut ties with Qatar and moved to isolate the small, but wealthy Gulf nation, canceling air routes between their capitals and Qatar's and closing their airspace to Qatari flights. He was speaking to reporters in Qatar alongside Qatari Foreign Minister Sheikh Mohammed bin Abdulrahman Al...

  • During a joint news conference with his Turkish counterpart, Sheikh Mohammed bin Abdulrahman Al Thani also told reporters in Ankara that Qatar would continue to work with the United States and Kuwait to end the standoff with its four Arab neighbors. Tillerson concluded his mediation efforts on Thursday, making no promise of an imminent breakthrough but...