Qatar to face more heat as deadline ends

2017-07-03 13:30:42 | Middle East News @Al-Muslim Ne
Qatar to face more heat as deadline ends

 

Qatar, shunned by Gulf neighbours over its support to terror, may have to face more action as the deadline for meeting their demands expired on Sunday.

According to indications given by various Gulf officials in the last few days, more stringent measures will likely be rolled out if Doha fails to act on the key demands of the Arab nations.

The UAE's ambassador to Russia, Omar Ghobash, recently told The Guardian in London that the Gulf nations were considering further economic pressure on Doha, such as reducing commercial links with states that continue to trade with Qatar. Ghobash also indicated that the expulsion of Qatar from the GCC was a possible measure but not the only one.  

There's no clarity yet on further sanctions the Gulf nations could impose on Doha, but bankers in the region believe that Saudi, Emirati and Bahraini banks might receive official guidance to pull out deposits and interbank loans from Qatar.

Meanwhile, Qatar's stock exchange dropped on Sunday following suspense over possible action by its neighbours.

Key demands

  • Shut down Al Jazeera news channel which has been accused of fomenting unrest and supporting militant organisations
  • Doha should cut ties with groups, including the Muslim Brotherhood, which are blacklisted as terrorist organisations
  • Qatar should hand over dissidents from other states based in Doha
  • Turkish military base in Qatar should be closed
  • Doha should downgrade its diplomatic ties with Tehran
.

Tags: #

Latest News

What to Next

Paradise Papers UK Queen Elizabeth II's private estate invested in offshore funds

LONDON:  Millions of pounds from the private estate of Britain's Queen Elizabeth II have been invested in offshore tax haven funds, a hu... More

Bahrain orders citizens to leave Lebanon

Bahrain ordered its citizens in Lebanon to “leave immediately” Sunday after the country's prime minister resigned in a sudden televise... More

Hezbollah Riyadh Imposed Resignation of Lebanon Hariri

BEIRUT: Hassan Nasrallah, the head of Hezbollah, said on Sunday the resignation of Saad Hariri had been “imposed” by Saudi Arabia. &ldq... More

Trump says time for patience on N.Korea is over

TOKYO: The time for “strategic patience” with North Korea is over, President Donald Trump said Monday, after winning Japan’s backing... More

KSA freezes accounts of detained suspects, corruption money to be reimbursed to treasury

Saudi authorities have announced that they will freeze the bank accounts of the 11 suspects detained in the kingdom on corruption charges,&n... More

`Ober` banned the American woman on anti-Muslim tweets

New York: Taxi service 'Ober' and 'Lift' banned American women, after hitting violent attacks on Muslims after a truck attack in the U... More

90 killed in Kabul blast: Afghan intel says attack planned by Haqqani network, ISI

CHARIKAR: At least 15 people were killed and 27 wounded when fuel tankers exploded in the town of Charikar, northwest of the Afghan capital Kabul on W... More

World's first hydrogen powered tram runs in China

China-produced first ever tram powered by hydrogen fuel cells has started its journey in Tangshan, north China's Hebei Province, the move will red... More

Indian preacher Zakir Naik finds refuge in Malaysia

KUALA LUMPUR: When Zakir Naik emerged from a prominent Malaysian mosque last month fans swarmed about him, seeking selfies with the Indian Muslim tele... More

Putin in Iran to talk Syria, nuclear deal

Russian President Vladimir Putin began a visit to Iran on Nov. 1designed to underpin closer ties between two countries at loggerheads with the United ... More

86