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Europe Top News and Analysis Qatar

  • Qatar and UAE exchange office in Doha, Qatar, June 13, 2017.

    Here's how Qatar can turn its currency woes into a weapon against its neighbors, owrites Breakingviews' Andy Critchlow.

  • DOHA, June 20- Qatar's sovereign wealth fund made U.S. dollar deposits in some local banks last week as a precaution after Saudi Arabia and other Gulf states cut diplomatic and transport ties with Doha, Qatari commercial bankers said. One Qatar- based banker, whose own institution received funds, said new deposits in the banking system by the Qatar Investment...

  • *India seeks to revive ailing power plants with Qatar investment. *India submits detailed investment proposal to Qatar. NEW DELHI, June 20- India on Tuesday said it would sign future long-term liquefied natural gas purchase deals with Qatar if only Doha agrees to acquire stakes in the South Asian nation's power plants, oil minister Dharmendra Pradhan said.

  • FLYING OVER THE PERSIAN GULF— Sitting on an airplane from Qatar trying to get home to Dubai, I could only watch frustrated as a scrolling map showed my flight pass overhead of my skyscraper-studded city and continue further east. It's typically an hour flight between Dubai in the United Arab Emirates and Doha, the capital of Qatar, cities that are home to two of the...

  • A combination photo shows, left to right, Thomas Kalaris, former chief executive officer of Barclays Wealth, Roger Jenkins.

    Barclays and four former senior executives have been criminally charged in a high-profile UK investigation into undisclosed payments to Qatari investors.

  • DUBAI, June 19- Saudi Arabia's stock market surged on Monday after a regulatory official was quoted as predicting the bourse would enter MSCI's emerging market index sooner than most investors had expected, while the rest of the region was subdued. Mohammed El-Kuwaiz, vice chairman of the Capital Market Authority, was quoted as saying by the Asharq al-Awsat...

  • DOHA, June 19- Qatar's government is prepared to support local banks if foreign institutions withdraw deposits from them because of an economic boycott against Doha, the chief executive of the Qatar Financial Centre said on Monday. Yousef al-Jaida said institutions from Saudi Arabia, the United Arab Emirates and Bahrain, which broke off diplomatic and...

  • PARIS, June 19- Qatar Airways is in the process of asking the U.S. department of Homeland Security to visit its hub in Doha and carry out an audit of security at the airport in light of the restrictions on large electronics devices in cabins, the carrier's CEO said. "I am sure that the Department of Transport and Homeland Security will revisit this," Akbar al Baker told...

  • DUBAI, June 19- Commercial banks in the Gulf are examining their books and consulting lawyers to determine their strategies if the region's diplomatic crisis eventually forces them to sell off Qatari bonds and loans. So far, sanctions against Doha imposed by Saudi Arabia, the United Arab Emirates and Bahrain have stopped well short of compelling banks under...

  • Saudi Arabia, the United Arab Emirates and Bahrain cut ties with Qatar on June 5 and announced that Qatari residents would have 14 days to leave. They also urged their own citizens in Qatar to leave and threatened imprisonment and fines for anyone who criticizes the measures. Prior to the diplomatic row, Qatari nationals could travel visa-free between Saudi...

  • DUBAI, June 18- Kuwait's ruler called on Sunday for Gulf Arab states to overcome a diplomatic dispute with Qatar that has led to the worst regional split in years, saying all parties had a duty to preserve regional unity. Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah, who is leading mediation efforts after Saudi Arabia, the United Arab Emirates and Bahrain severed ties...

  • A man looks as the world's biggest Liquefied Natural Gas (LNG) tanker DUHAIL as she crosses through the Suez Canal. The Qatari tanker, which was built to transfer LNG from Qatar to Europe and the U.S., is on her first trip ever from Qatar to Spain.

    This comes two weeks after some Gulf Arab states severed ties with Doha.

  • *Dubai's Union Properties up on Al Ramz liquidity deal. *Big drop by Qatar National Bank drags down Doha. DUBAI, June 18- Most major Gulf stock markets fell on Sunday because of weak oil prices, but hopes that Saudi Arabia will join MSCI's group of emerging markets, which would trigger billions of dollars of fund inflows, buoyed that market.

  • DUBAI, June 18- Qatar's riyal is being quoted weaker than its peg against the U.S. dollar as Doha grapples with a diplomatic crisis, but that is the result of poor liquidity in the currency market rather than a serious threat to the peg, bankers in the region say. The riyal, officially fixed at 3.64 to the dollar since 2001, has been offered as low as 3.6680 since Saudi...

  • DUBAI, United Arab Emirates— The Trump Organization dissolved subsidiaries created to pursue business opportunities in Qatar six days after Donald Trump was inaugurated as America's 45th president, according to a new financial disclosure form filed on his behalf. In recent days, Trump repeatedly has accused Qatar of funding extremists amid an effort by...

  • DUBAI, United Arab Emirates— Social media platform Twitter has suspended the account of Al-Jazeera Arabic amid a wider diplomatic dispute between Qatar and Arab nations. Saudi Arabia has led other Arab nations in cutting diplomatic ties to Qatar on June 5 over allegations the nation supports extremists. Qatar long has denied that.

  • The agreement will start in January 2019 and will be for the supply of LNG from Qatar Liquefied Gas Company Limited, a joint venture between Qatar Petroleum which holds 70 percent and Shell with the remaining 30 percent. The LNG will be delivered to either the Dragon LNG Terminal in Britain or the Gate LNG Terminal in the Netherlands, Qatargas said in a statement,...

  • ABU NAKLAH, QATAR June 16- On a cattle farm in the desert outside Doha, hundreds of cows imported from the Netherlands are led into an air-conditioned hall to be milked by Asian workers in orange uniforms. Ghadeer farm, set among scrubland near a U.S. air base, is scrambling to meet a surge in demand for milk caused by a Saudi-led economic boycott of Qatar that has...

  • Egypt's Ahmed Elasfar competes with Qatar's Khalid Hassanein during the Men's Karate Kumite +84kg bronze medal match at the Baku 2017 4th Islamic Solidarity Games at the Baku Sports Hall on May 14, 2017.

    Cairo isn't worried about a financial fallout from its rift with Doha, Egypt's Minister of Finance Amr El-Garhy told CNBC on Friday.

  • Qatar dispute is over 'a matter of principle': Egypt FinMin

    Amr El-Garhy, Egypt's minister of finance, says the Gulf countries involved in cutting diplomatic ties with Qatar have been reasonable in taking action.