×

Europe Top News and Analysis Qatar

  • *Some Saudi, UAE, Bahraini banks await central bank guidance. *Qatar central bank says it will provide liquidity if needed. Banking sources said some banks from Saudi Arabia, the United Arab Emirates and Bahrain delayed letters of credit and other deals with Qatari banks after their governments cut diplomatic ties and transport links with Doha on Monday,...

  • Countries cut ties with Qatar

    CNBC's Hadley Gamble reports the latest on Qatar’s foreign minister announcing Doha is ready for mediation efforts.

  • *Qatar rebounds early on but soon falls back. DUBAI, June 6- Most Gulf stock markets fell on Tuesday as the diplomatic crisis surrounding Qatar worried investors, while Egypt's equities index climbed for an 11th straight day to a fresh record high. It had plunged 7.3 percent on Monday after Saudi Arabia, the United Arab Emirates and Bahrain cut diplomatic and...

  • *Kuwait says Qatar supports OPEC deal to restrict output. LONDON, June 6- Oil prices slipped further below $50 a barrel on Tuesday on concerns that a diplomatic rift between Qatar and several Arab states including Saudi Arabia could undermine efforts by OPEC to tighten the market. Kuwait Oil Minister Essam al-Marzouq said Qatar was committed to an OPEC...

  • RIYADH/ DUBAI, June 6- Saudi Arabia on Tuesday revoked the licenses of Qatar Airways and ordered its offices to be closed within 48 hours, a day after banning all Qatari planes from landing at its airports. The Saudi government's move follows coordinated action on Monday by Saudi Arabia, Egypt, the United Arab Emirates and Bahrain to cut links with Qatar, accusing...

  • RIYADH/ DUBAI, June 6- Saudi Arabia on Tuesday revoked the licences of Qatar Airways and ordered its offices to be closed within 48 hours, a day after banning all Qatari planes from landing at its airports. The Saudi government's move follows coordinated action on Monday by Saudi Arabia, Egypt, the United Arab Emirates and Bahrain to cut links with Qatar, accusing...

  • *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...

  • DUBAI, June 6- Bond prices across Gulf Arab nations weakened on Tuesday as foreign investors hesitated to buy, concerned that the diplomatic crisis surrounding Qatar would increase risks around the region. But bond prices fell moderately across the six-nation Gulf Cooperation Council, said a Dubai- based portfolio manager, after Saudi Arabia, Egypt, the United...

  • *Rift may complicate OPEC efforts to curb production. LONDON, June 6- Oil prices slipped further below $50 a barrel on Tuesday on concerns that a diplomatic rift between Qatar and several Arab states including Saudi Arabia could undermine efforts by OPEC to tighten the market. Benchmark Brent crude oil was 10 cents a barrel lower at $49.37 by 1110 GMT, down around 8...

  • *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...

  • *Some Saudi, UAE, Bahraini banks await central bank guidance. *Qatar central bank says it will provide liquidity if needed. Banking sources said some banks from Saudi Arabia, the United Arab Emirates and Bahrain delayed letters of credit and other deals with Qatari banks after their governments cut diplomatic ties and transport links with Doha on Monday,...

  • A number of Arab states have severed ties with Qatar accusing it of supporting terrorism but this puts the United States in a tough spot.

  • *Malaysia may put ties with Qatar on backburner. KUALA LUMPUR/ KARACHI, June 6 (Reuters)- Non-Arab nations in Asia, such as Malaysia, Indonesia and Pakistan, are getting caught in the middle after Saudi Arabia led a clampdown on Qatar, accusing the tiny emirate of supporting pro-Iranian Islamist militants. Malaysia had rolled out the red carpet for Saudi Arabia's...

  • *Malaysia may put ties with Qatar on backburner. KUALA LUMPUR/ KARACHI, June 6- Non-Arab nations in Asia, such as Malaysia, Indonesia and Pakistan, are getting caught in the middle after Saudi Arabia led a clampdown on Qatar, accusing the tiny emirate of supporting pro-Iranian Islamist militants. Malaysia had rolled out the red carpet for Saudi Arabia's King Salman...

  • MANILA, June 6- The Philippines has temporarily blocked Filipinos from travelling to Qatar for work because of the possible "ripple effects" of several Arab powers breaking off diplomatic ties with Doha and "wild rumours" of what's happening there. Saudi Arabia, Egypt, the United Arab Emirates and Bahrain severed diplomatic relations with Qatar in a coordinated...

  • MANILA, June 6- The Philippines has temporarily blocked Filipinos from traveling to Qatar for work because of the possible "ripple effects" of several Arab powers breaking off diplomatic ties with Doha and "wild rumors" of what's happening there. Saudi Arabia, Egypt, the United Arab Emirates and Bahrain severed diplomatic relations with Qatar in a coordinated...

  • Kuwait's emir Sheikh Sabah Al-Ahmad Al-Jaber al-Sabah is acting as a mediator between Doha and some other Gulf Arab states including Saudi Arabia, which have severed diplomatic and transport ties with Doha.

  • LONDON, June 6- Emerging stocks inched lower and currencies softened on Tuesday, as lower oil and commodity prices and political tensions over a rift between Qatar and fellow Arab nations dampened risk appetite. Oil prices took another leg lower, now firmly below the $50 per barrel threshold as the rift between Qatar and leading Arab powers fuelled concerns...

  • DUBAI/ DOHA, June 6- The Qatari currency came under pressure on Tuesday as Gulf commercial banks began to hold off on dealing with Qatari banks because of the diplomatic rift in the region, banking sources told Reuters. Some Saudi Arabian, United Arab Emirates and Bahraini banks were delaying business with Qatari banks, such as letters of credit, after their...

  • *Rift may complicate OPEC efforts to curb production. LONDON, June 6- Oil prices fell further below $50 a barrel on Tuesday on concerns that a diplomatic rift between Qatar and several Arab states including Saudi Arabia could undermine efforts by OPEC to tighten the market. Benchmark Brent crude oil was 15 cents a barrel lower at $49.32 by 0755 GMT, down around 8...