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Qatar in regional economic crossfire
Egyptian residents’ situation in Qatar remains unclear following diplomatic turmoil
Neither Egypt nor Qatar have clarified the situation of Egyptian residents after Egypt announced cutting diplomatic relations with Qatar
We have not issued any instructions to banks to stop dealing in Qatari riyal: CBE
The Central Bank of Egypt (CBE) denied issuing any instructions to banks operating in the local market to stop dealing in Qatari riyal. Some banks suspended trading in Qatari riyal on Monday following Egypt’s decision to cut diplomatic ties with Qatar. In a statement to Daily News Egypt, the CBE stressed it did not forbid …
Shoukry receives Saudi counterpart, reviews regional conflicts and fighting terrorism
The two ministers discussed the importance of acceleration of implementing bilateral economic projects
UAE, Saudi Arabia respond to reportedly fabricated statement by Emir of Qatar
No response was seen by Egypt so far, however relations between two countries have been tense since 2013
France 2017: Qatar eliminate Germany in last 16
Qatari backtracking on labour rights and cooperation with Russia reflects new world order
A Qatari decision to backtrack on minimal improvements of the terms of employment of migrant workers, who account for a majority of the Gulf state’s population, and a Qatari investment in Russian oil company Rosneft PJSC, symbolise the emergence of a new global power structure with the rise of populists in the United States and …
Qatar and Egypt: the only Arab countries at the 2017 Qatar ExxonMobil Tennis Open
The 2017 Qatar ExxonMobil Tennis Open held in Doha, Qatar, concluded its events on Saturday. Egypt and Qatar were the only two Arab countries that participated in the tournament. Mohamed Safwat represented Egypt. He played his first match against Japan’s Taro Daniel, snatching a 2-0 victory over his rival His second match was against France’s …
Swiss court rejects lawsuit against FIFA over Qatar World Cup
Egypt biggest arms recipient among developing countries in 2015: US congress
Egypt ranked first among developing nations for importing arms in 2015, bringing in weaponry that amounted to $5.3bn, according to a new US congressional report titled “Conventional arms transfers to developing nations, 2008-2015”. In that same list, Egypt is followed by Iraq and Saudi Arabia, with $5bn and $4.5bn, respectively. Egypt occupied second place on …
Ministry of Foreign Affairs denounces GCC statement on church bombing
The Gulf Cooperation Council has said accusations levelled against Qatar by Egypt could have a negative impact on Egypt-GCC relations
Conscription: what is it good for?
This article neither responds nor is even remotely interested in the televised report broadcast by Qatar’s Al-Jazeera about conscription or compulsory drafting in the Egyptian army. This goes back to many reasons, but foremost because the virus only infects the body that suffers from weak immunity. I argue that the immunity of Egypt, of both …
Al-Jazeera documentary on Egyptian conscripts stirs controversy
Al-Jazeera documentary on military conscription in Egypt purports to show mistreatment and abuse of conscripts
Qatar calls into question its sincerity in pushing World Cup-driven reform
For much of the last six years since winning the hosting rights for the 2022 World Cup, Qatar appeared to be taking a slow and torturous path towards some degree of reform. Yet, in an increasingly conservative world in which human rights are put on the backburner, fears among rights and trade union activists that …
Pushing the envelope: the World Cup and Arab revolts drive change
Pressured by human rights and trade union activists leveraging Qatar’s exposure as a World Cup host and influenced by subtle changes sparked by popular Arab revolts in recent years, young Qataris are pushing the envelope, broaching publicly hitherto taboo subjects like homosexuality, women’s dress codes, and citizenship. The pushing of the envelope may be the …
In Cartoon: Foreign relations in a nutshell
A study in soft power strategy: Iceland 1, Qatar -1
The soccer soft power contrast between Qatar and Iceland speaks volumes. A comparison of the strategies of both countries demonstrates that it takes more than money to leverage soccer to create political, geopolitical, and economic opportunity. Money and world soccer body FIFA’s desire to take one of the world’s foremost sporting events beyond Europe and …
Qatar, Egypt exchange Eid Al-Adha greetings
Egyptian-Qatari relations have been tense since 2013
Sideways trend dominates Gulf markets in past week’s trading
The Arab Gulf stock markets experienced a sideways trend over the past week affected by the high price of Brent Crude, which rose from $42.14 up to $46.97 per barrel since the beginning of August. Qatar led the region-wide rise to finish 2.57% higher during the past week’s trading. It increased from 10,681.08 points to …
Egypt pays $2.25bn of external debt in July: CBE
Foreign exchange reserves dropped $2bn in July, reaching lowest point since January 2015
Kuwait tops Gulf stock markets amid varying performance
Performance of Gulf stock markets varied over the past week. The Kuwait Stock Exchange (KSE) rose by 1.29%, recording an average daily trade volume of KD 7.236m. The Qatar Stock Exchange (QSE) followed in second, having closed at 10,652.3 points and an average trade volume of QR 181.6m per day. The Muscat Securities Market (MSM) …
Egypt receives 16.65% of Brazilian exports, ranks third in Arab world
Brazilian exports to the Arab world amounted to $5.24bn in the first half of 2016
Profits take over Gulf markets during last week’s trading
Qatar’s stock exchange topped the Gulf markets last week with an increase of 4.66%, reaching a level of 10,428.67 points, recording an average daily trading value of 144.914m riyals. Dubai capital market came second with an increase of 3%, reaching the level of 3,471.9 points, recording an average daily trading value of 496.84m dirhams. Saudi …
Gulf markets see all-round increases in past week’s trading
Saudi Arabia ranked third with an increase of 2.5% to 6661.65 points, and achieved an average daily trading value of SR 4.23bn.
US adds pressure on Qatar to move on labour reform
A recently published United States (US) State Department report on human trafficking provides Qatar with yet another roadmap to counter World Cup-related international criticism of its labour regime. The State Department’s annual review serves as a warning to Qatar, as the clock ticks on an ultimatum by the International Labour Organisation (ILO). The ILO last May said that it …
Brotherhood relied on Qatar and Turkey for support, post-30 June on Saudi and UAE
External support is needed in times of crisis, provided it is economically managed, or else it becomes a burden, says Farid
Egypt condemns Qatari foreign ministry statement on Morsi’s verdict
Such a statement is not surprising coming from those who use their media against Egypt, says the Egyptian FM spokesperson
Morsi sentenced to life in ‘Qatar espionage’ case
Sentence comes one day after the former president was supposed to complete his first term as president
Hillary Clinton criticised US allies for letting citizens fund extremist organisations
US local media reported that Omar Mateen visited Pulse, the gay nightclub he attacked, several times in the last three years
Dutch woman held in Qatar since March after reporting rape charge
A 22-year-old Dutch woman has been detained in Qatar since reporting she was raped and assaulted while on vacation there in March. Her family has launched a social media campaign calling for her release.