Politics

(Photo credit: Radio Free Europe)
12:42 PM Alternative to Qatar demands 'not escalation but parting ways' says UAE minister
Early on Saturday, a top UAE official stated that if Qatar failed to accept the ultimatum issued by Arab states against it, then the alternative would "not [be] escalation but parting ways", Reuters reported. "The alternative is not escalation, …
Prince Mohammed bin Salman has become the next in line to the Saudi throne
21 June 06:31 AM KSA King Salman ousts nephew, names son heir
Riyadh – Mubasher: Saudi crown prince Mohammed bin Nayef has been relieved of his post as the prime minister and interior minister, according to a royal order released by Saudi King Salman bin Abdulaziz Al Saud. Prince Mohammed bin Salman has …
Qatar is the second largest helium producer in the world
14 June 03:43 PM Qatar closes helium factories after Arab boycott
Mubasher: Qatar has closed its two helium production plants after the decision by several Arab countries to cut relations and close borders with Doha, as reported by Reuters. The helium plants operated by RasGas, a subsidiary of state-owned Qatar …
Drake and Scull, Damac and Arabtec have many investments in Qatar
13 June 04:05 PM The impact of Qatari crisis on UAE companies - Analysis
By: Amr Adel and Mahmoud Gamal Dubai - Mubasher: The crises between gulf countries and Qatar has put some Emirati companies in danger, as the crisis has intensified with more pressure being poured on Doha. Saudi Arabia, the UAE, and Bahrain, among …
Qatar seeks alternative resources to supplies
12 June 07:05 PM Qatar launches two new shipping routes to Oman
Mubasher: Qatar has launched two new shipping lines to Omani ports after other Gulf countries decided to cut relations with Doha, raising concerns over food supplies to Qatar, Reuters reported on Monday. Last week, Saudi Arabia, UAE, Egypt, and …
Saudi Arabia, UAE, Egypt, and Bahrain recently cut diplomatic relations with Qatar
10 June 06:01 PM Qatar could lose SAR50bn of Saudi investments
Riyadh - Mubasher: More than 300 Saudi companies are investing around SAR 50 billion in the Qatar and could exit the market due to the growing tensions between the two countries. An unnamed source in the Council of Saudi Chambers has told local …
The Saudi minister of energy, industry and mineral resources, Khalid Al-Falih
10 June 11:34 AM Qatar crisis will not affect OPEC deal - Al Falih
Riyadh - Mubasher: The Saudi minister of energy, industry and mineral resources has ruled out any effect from the diplomatic crisis with Qatar on the OPEC output agreement, as reported by RT. Khalid Al-Falih also told reporters in Astana, the …
Qatar provides about a third of global demand for LNG
8 June 06:53 PM Qatar gas exports not impacted by tie-break - Report
By: Eman Ghaly Doha – Mubasher: Four days after Saudi Arabia, Egypt, Bahrain, and the UAE severed diplomatic relations with Qatar, and closed land and sea ports, major global firms that receive Qatar’s liquefied natural gas (LNG) have said that …
Saudi Arabia, the UAE, Egypt, and Bahrain have cut their diplomatic relations with Qatar
8 June 04:10 PM GCC, Egypt, Qatar dispute threatens trade exchange worth QAR 34bn
By: Mahmoud Salah Aldin Riyadh – Mubasher: The trade exchange volume between Qatar from one side and Egypt, Saudi Arabia, UAE, and Bahrain from the other side became threatened after the aforementioned countries cut their ties with Qatar. Trade …
The Kremlin spokesperson called reports of such a deal not possible and incorrect
7 June 06:53 PM Russia says it will not repurchase Qatari stake in Rosneft
Mubasher: The Russian government has negated any suggestions that Russia could eventually buy back the stake in Rosneft which it previously sold to Qatar, according to Reuters. Dmitry Peskov, the Kremlin spokesperson, called these rumors not …
Jordan follows the footsteps of Saudi Arabia, UAE, and Egypt
7 June 06:42 PM Jordan downgrades ties with Qatar
Mubasher: The Jordanian government has decided to downgrade diplomatic relations with Qatar, and asked the Qatari ambassador to leave Amman within days. The government has also revoked the license of Al Jazeera television channel, as reported by …
Saudi Arabia, UAE, Egypt, and Bahrain simultaneously decided to cut diplomatic ties with Qatar
7 June 06:07 PM Abu Dhabi ports eases restrictions on ships to, from Qatar
Mubasher: Abu Dhabi port authorities have eased on Wednesday the restrictions on oil tankers going to and from Qatar, according to Reuters. Another decision ordered not allowing Qatari owned, flagged or operated vessels sailing to and from Qatar. …
This comes after the the blockade imposed on Qatar by Arab countries
7 June 05:58 PM Evergreen, OOCL suspend shipping services to Qatar
Mubasher: Taiwan-based Evergreen Company and Hong Kong's OOCL announced on Wednesday they had suspended shipping services to the state of Qatar after Arab countries cut diplomatic ties with Qatar and imposed port restrictions, as reported by …
The announcement was made two days after a coordinated move
7 June 12:44 PM Etihad Airways bans Qatari passport holders from travel to, via UAE
Abu Dhabi – Mubasher: Etihad Airways on Wednesday announced banning all travellers holding Qatari passports from travelling to or transiting through the UAE. This announcement follows instructions by relevant authorities in the UAE, the Abu …
Yesterday, the Egyptian government announced the decision to cut all diplomatic relations with Qatar
6 June 05:46 PM Egypt Post halts dealings with Qatar
Cairo - Mubasher: Egypt Post announced halting all services and dealings with the state of Qatar beginning Tuesday. The Egyptian postal service provide, established in 1865, said in a statement that the decision comes after the Egypt announced …
SAMA instructed Saudi banks not to deal with Qatari banks in Qatari riyals
6 June 05:13 PM UAE banks not instructed yet to halt dealings with Qatar
By: Amr Adel Dubai - Mubasher: Emirati banks did not receive any instructions from the Central Bank of the UAE to halt dealings with Qatari banks, sources told Mubasher on Tuesday. Sources added that banks still await clear commands by the central …
The transactions involved include letters of credit
6 June 12:44 PM Saudi, Emirati banks hold off talks with Qatari counterparts
Riyadh – Mubasher: Some banks in Saudi Arabia and the UAE are holding off on doing business with Qatari banks following the diplomatic rift in the region, sources told Reuters on Tuesday. The transactions involved include letters of credit, they …
Egyptian Businessman Naguib Sawiris
5 June 05:52 PM Sawiris calls for pulling Egyptian investments from Qatar
Cairo - Mubasher: Egyptian billionaire and business tycoon Naguib Sawiris has called upon Egyptian investors and businessmen to withdraw their investments from Qatar. Today, Saudi Arabia, Egypt, Bahrain, and the UAE simultaneously cut ties with …
QNB - Egypt has a capital of nearly EGP 7.5 billion
5 June 05:17 PM QNB operating in Egypt despite diplomatic tensions
Cairo - Mubasher: The Central Bank of Egypt (CBE) said in an official statement on Monday that Qatar National Bank (QNB) - Egypt is an independent firm that is licensed to operate in the country’s banking sector. The bank has a strong fiscal …
Saudi Arabia, Egypt, Bahrain, and the UAE have cut their diplomatic relations with Qatar on Monday
5 June 01:33 PM GACA bans flights from, to Qatar
Riyadh – Mubasher: Saudi Arabia's General Authority of Civil Aviation (GACA) prohibited all commercial and private airline companies registered in the Kingdom of directly or indirectly operating in Qatar, effective immediately. Moreover, the GACA …
All attempts to persuade Qatar to stop supporting such organisations have failed.
5 June 11:59 AM Egypt blocks Qatar’s airspace, seaports access
Cairo – Mubasher: The Egyptian government decided to cut diplomatic ties with Qatar and blocked its access to airspace and seaports, due to the latter’s insistence to support “terrorist” organisations, according to a statement. All attempts to …
The cabinet approved a ban on agricultural and animal products imports
30 May 03:59 PM Sudan bans Egyptian imports
Cairo - Mubasher: The Sudanese prime minister has issued a ban on Egyptian imports, according to an official statement. Bakri Hassan Saleh said in a statement on Tuesday that the cabinet has approved the decisions of the commerce ministry …
(Photo Credit: Arabianeye-Reuters)
18 May 05:51 PM KSA starts ‘bold' reform programme – IMF
Riyadh – Mubasher: The International Monetary Fund (IMF) stated that Saudi Arabia has started a “bold” reform programme under Vision 2030. The reforms include diversifying the economy, giving a larger role to the private sector, increasing the …
The French Prime Minister, Édouard Philippe - (Photo Credit: Reuters)
15 May 06:04 PM Macron selects Édouard Philippe as French PM
Mubasher: The French president, Emmanuel Macron, has appointed Édouard Philippe as the country’s new prime minister. The newly-chosen PM is the mayor of Le Havre, and a member of the centre-right the Republicans party or “Les Républicains”. This …