×

Europe Top News and Analysis Qatar

  • Mohammed Bin Abdulrahman, minister of foreign affairs, Qatar, tells CNBC the U.S. has consistently called for dialogue to end a diplomatic standoff between Qatar and key Gulf countries including Saudi Arabia.

  • The skyline of Doha, Qatar.

    Qatar's finance minister says the blockade of countries isolating Qatar are bullying and disrespectful.

  • Saudi Arabia, the United Arab Emirates, Bahrain and Egypt cut diplomatic and transport ties with Doha on June 5, accusing it of backing terrorism, something it vehemently denies. Current strategy allows the fund, which had net assets of $114 million as of June 30, to invest up to 15 percent of its assets in Gulf Cooperation Council nations other than Qatar.

  • DUBAI, Oct 9- Qatar has been discussing with banks the idea of issuing an international bond this year, but no decision has been made yet, a Qatari finance ministry official told Reuters on Monday. Qatar issued a $9 billion bond in June last year with maturities of five, 10 and 30 years. But the country's access to the international bond market has been complicated by...

  • DUBAI, Oct 7- Qatar's government announced measures to help private sector businesses on Saturday after its economy was hurt by sanctions imposed by other Arab states. Prime Minister Sheikh Abdullah bin Nasser bin Khalifa Al-Thani decided to cut rents paid by companies in Qatar's logistics zones in half during 2018 and 2019, official news agency QNA...

  • *Dubai outperforms Abu Dhabi in active trade. DUBAI, Oct 4- Qatar's stock index sank to a five-year low on Wednesday as foreign funds continued to sell ahead of third-quarter corporate earnings, while banks in Egypt were hit by news that the central bank would raise the required reserve ratio. The Qatari index lost 1.6 percent in thin trade, bringing its losses...

  • *UAE banks held on to Qatar exposure after dispute erupted. In recent weeks, banking sources say, it has become clear to many UAE bankers that Qatar's isolation could potentially last for years. Saudi Arabia, the United Arab Emirates, Bahrain and Egypt cut diplomatic and transport ties with Doha on June 5, alleging Qatar funded terrorism, something it vehemently...

  • Last December, Qatar and other global oil producers agreed to cut output to support prices. Saudi Arabia, the United Arab Emirates, Bahrain and Egypt cut diplomatic and transport ties with Qatar on June 5, accusing it of backing terrorism, which Doha denies. The sanctions temporarily disrupted many imports into Qatar by closing its border with Saudi Arabia, and by...

  • LONDON, Sept 29- Having enjoyed a blisteringly hot summer quarter, emerging markets are heading for one of their best years on record- as long as the dollar and global borrowing costs do not rise much further before the end of 2017.. Within that, stocks in Brazil and Russia were among the best-performing emerging markets in the past three months, with gains of 21...

  • DOHA, Sept 27- Jamaica expects an increase in the number of tourists to the country as travellers rebook holidays to avoid other destinations in the Caribbean that were hit by hurricanes, the country's tourism minister said on Wednesday. Jamaica was largely left untouched by hurricanes Irma and Maria, which swept through the Caribbean this month, killing...

  • *FTSE to decide soon on status of Saudi, Kuwait markets. *Egypt slightly up ahead of central bank meeting. DUBAI, Sept 27- Shares of car insurance and rental companies rallied on the Saudi Arabian stock market on Wednesday after news that women would be allowed to drive, although the broader market was flat.

  • ABU DHABI/ DUBAI, Sept 27- Qatar's third-largest lender, Commercial Bank, is in talks to sell its 40 percent stake in Abu Dhabi- listed United Arab Bank to the UAE's Tabarak Investment, sources told Reuters on Wednesday. The UAE, Saudi Arabia, Egypt and Bahrain cut diplomatic and economic ties with Qatar in June, accusing it of supporting terrorism, a charge Doha denies.

  • ABU DHABI/ DUBAI, Sept 26- Qatari's third-biggest lender, Commercial Bank, is in talks to sell its $217 million stake in Abu Dhabi- listed United Arab Bank, joining several Qatari companies exiting the United Arab Emirates due to a widening Gulf rift. Commercial Bank CEO Joseph Abraham told Reuters on Monday that board meetings at United Arab Bank were now held by...

  • DUBAI, Sept 26- Rising oil prices helped Middle East indexes eke out modest gains on Tuesday, though shares more exposed to foreign funds followed global markets lower, weighed down by a list of worries including North Korea. The main stock index had dropped 1.4 percent on Monday amid rumors that index compiler FTSE might not upgrade Riyadh to emerging-market...

  • Qatar Airways CEO: We very much want to invest in the United States

    Akbar Al Baker, Qatar Airways CEO, discusses the president's latest round of travel bans, the blockade on Qatar and its failed bid for American Airlines.

  • *Rumors that FTSE could delay upgrading Saudi market. DUBAI, Sept 25- Saudi Arabia's stock index fell on Monday on rumors that index compiler FTSE might not upgrade Riyadh to emerging-market status as quickly as hoped, while Qatar notched up its fifth straight session of gains. At the end of the business day on Sept. 29, FTSE will announce its decision on whether to...

  • *Dana Gas court case to resume on Monday. DUBAI, Sept 24- Shares of Abu Dhabi-listed Dana Gas fell sharply on Sunday after news that a London court hearing on its maturing sukuk issue would resume, while Qatar's bourse bucked a general downtrend in the region. The case is being fought in UAE and British courts, and sukuk holders have been hoping the London court will...

  • *Dana Gas loses 1.27 pct. It has been hurt by the economic and political boycott of Qatar by Saudi Arabia, the United Arab Emirates, Bahrain and Egypt. A London High Court judge on Tuesday adjourned a trial on Dana Gas and its creditors until Thursday after a UAE injunction issued last Sunday prevented the company from taking part in the proceedings.

  • *Qatar snaps 11- session losing streak. DUBAI, Sept 19- Qatar's stock index came slightly off a five-year low on Tuesday as local funds intensified their buying of those shares, while Saudi Arabia was the region's worst performer. In Abu Dhabi, Dana Gas rose 1.3 percent ahead of a London High Court hearing on Monday and Tuesday over the validity of its sukuk.

  • The skyline of Doha, Qatar.

    According to Qatar's economy and trade minister, the state's finances are faring "better than ever."