Qatar and its neighbours may lose billions of dollars from diplomatic split
The current diplomatic rift between Qatar and its Gulf neighbours may cost them billions of dollars by slowing…
Browsing Tag
Saudi Arabia
Oil slips over worries Middle East rift will undermine output cuts
Oil prices fell for a third day on Tuesday, hit by concerns that a political rift between Qatar and several…
Qatar stocks plunge 7.3% as other GCC states cut ties; MENA bourses rise
Qatar's stock market plunged Monday after four Middle Eastern states severed ties with Doha, while Saudi Arabian…
Egypt central bank bans use of Qatari riyal in response to Doha rift
Egypt’s central bank has issued a grim decree early Monday that bans the use of the Qatari riyal in commercial…
Qatar National Bank loses $3 billion in market value after Gulf rift
Shares of Qatar National Bank (QNB), the Gulf's largest lender, were down as much as 5 percent on Tuesday midday…
Qatar Airways suspends all flights to Saudi Arabia
Qatar Airways said in a statement on Monday that it had halted all flights to Saudi Arabia.The move came after…
Oil prices skyrocket as Saudi Arabia cuts ties with Qatar
Oil rose on Monday after top crude exporter Saudi Arabia and other Arab states cut diplomatic relations with Qatar,…
Qatar calls Arab moves to sever ties ‘unjustified’, lacking proof
Qatar said it regretted a coordinated move by Saudi Arabia, Egypt, the United Arab Emirates, and Bahrain to cut…
Saudi Arabia, Egypt, UAE decide to sever ties with Qatar over ‘terrorism’
Saudi Arabia, Egypt, the United Arab Emirates and Bahrain severed their ties with Qatar on Monday, accusing it of…
US oil production to keep growing even as drillers’ costs hike, analysts say
U.S. oil production is once again booming, and analysts expect few headwinds strong enough to jolt the recovery off…
