Qatar: two years of crisis in the Gulf

Agencies
June 3, 2019

Doha, Jun 3: Two years ago Saudi Arabia, the United Arab Emirates and their allies cut ties with Qatar, sparking a major diplomatic crisis in the Gulf region.

Here is a recap.

Simmering regional tensions boil over on June 5, 2017, when Saudi Arabia and its allies Bahrain, Egypt and the United Arab Emirates announced they are severing diplomatic ties with Qatar.

They accuse it of supporting Islamist movements and seeking closer ties with Riyadh's regional rival Iran -- charges Qatar denies.

The four close land and maritime borders with the Gulf peninsula, suspend air links and expel Qatari citizens.

In a country dependent on food imports, there is alarm over whether the border closures will lead to food shortages in Qatar.

Saudi Arabia also closes the Riyadh bureau of Qatari broadcaster Al Jazeera.

On June 22 the Saudi-led bloc sends Qatar a list of 13 demands which include shutting down Al Jazeera, curbing relations with Iran and closing a Turkish military base it hosts.

Doha on July 4 rejects the demands as "unrealistic".

Saudi Arabia and its allies threaten new sanctions.

On July 25 they unveil a "terrorist" blacklist of 18 groups and individuals suspected of links to Islamist extremists and to Qatar.

The blacklist grows to include almost 90 names.

Seeking support from outside the region and vowing to uphold its sovereignty, Qatar signs a series of defence deals with foreign powers.

They include a December contract with France for a dozen Rafale fighter jets and 50 Airbus A321 passenger planes, and a deal with Britain to buy Typhoon fighters.

It also buys warships from Italy and F-15 fighter jets from the United States.

In January 2018 it approves legislation allowing 100-percent foreign ownership in most sectors of its economy.

Previously reliant on its Gulf neighbours, it increasingly turns towards Iran and Turkey, particularly for food imports.

In April Qatar ruler Sheikh Tamim bin Hamad Al-Thani says "we do not and we will not tolerate people who fund terrorism" during a meeting in the US with President Donald Trump.

Trump calls him "a friend", softening his tone after having supported the Saudi-led bloc and accusing Qatar of funding terrorism.

In June French daily Le Monde reports that Saudi Arabia threatened military action against Qatar if it acquired Russia's top-of-the-range S-400 air defence missile system.

In late June the dispute moves to the UN's top court, the International Court of Justice (ICJ) in The Hague, where Qatar accuses the UAE of racial discrimination and human rights abuses against its citizens in the Emirates.

The court orders the UAE in July to protect the rights of its Qatari citizens, including by ending measures that would stop Qatari students from completing their studies.

The UAE in May 2019 accuses Qatar before the ICJ of "aggravating" the two-year-old crisis and of "false accusations".

A day later, Qatar accuses the Emirates of a "campaign of violence and hatred" against its citizens.

The UAE detains for a week a Qatari military ship that had violated its territorial waters.

In May 2019 there is the first high-level contact between the opposing sides in two years when Qatar's Prime Minister Sheikh Abdullah bin Nasser Al-Thani attends three regional summits in Saudi Arabia's holy city of Mecca.

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News Network
January 12,2020

Dubai, Jan 12: Saudi Arabian oil giant Aramco announced Sunday that its initial public offering raised a record $29.4 billion, a figure higher than previously announced, after the company used a so-called "greenshoe option" to sell millions more shares to meet investor demand.

The company said that the sale of an additional 450 million shares took place during the initial public offering process.

The oil and gas company, which is majority owned by the state, began publicly trading on the local Saudi Tadawul exchange on December 11. It hit hit upwards of $10 a share on the second day of trading. This gave Aramco a market capitalization of $2 trillion, making it comfortably the world's most valuable company.

Aramco's additional sales mean the company has publicly floated 1.7% of its shares. It's IPO, even before the added sales, was the world's largest ever.

The shares sold in the over-allotment option "had been allocated to investors during the book-building process and therefore, no additional shares are being offered into the market today," Aramco said.

Company shares traded down on Sunday, dipping to around 34.7 riyals, or $9.25 a share, amid heightened tensions in the Persian Gulf between Iran and the United States. Aramco was a target of rising tensions over the summer when a missile and drone attack, which Saudi Arabia and the US blame on Iran, temporarily halved its production.

Sunday's trading figures value Aramco at $1.85 trillion, still well ahead of Apple, the second largest company in the world after Aramco, but below the $2 trillion mark sought by Crown Prince Mohammed bin Salman.

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News Network
May 4,2020

Dubai, May 4: An Indian salesman in the UAE has won a whopping 10 million dirhams at an Abu Dhabi draw, a media report said.

Dileep Kumar Ellikkottil Parameswaran, from Kerala’s Thrissur, works with an auto spare parts company in Ajman and earns 5,000 dirhams (USD 1,361) a month, Gulf News reported on Sunday.

Parameswaran, who won the 10 million dirhams (USD 2.7 million) prize at the Big Ticket draw in Abu Dhabi, will spend a big part of the money to repay a loan of 700,000 dirhams (USD 190,574 ), according to the report.

He said that a good part of the prize money will be spent on the education of his two children.

Parameswaran, who has been a resident of the UAE for 17 years, lives in Ajman along with his family.

Big Ticket is the largest and longest-running monthly raffle draw for cash prizes and dream luxury cars in Abu Dhabi.

A live monthly draw is organized at the Abu Dhabi International Airport on 3rd of each month.

Tickets are sold for 500 dirhams (USD 136).

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News Network
April 28,2020

Dubai, Apr 28: Riyadh municipality has announced 13 requirements to restore commercial activity in malls starting Wednesday (April 29), in accordance with the government’s coronavirus precautionary measures.

The requirements include: the continued closure of all entertainment and playing areas inside malls, and not allowing the entry of children under the age of 15.

The municipality requires all malls to ensure the availability of medical examination and sterilization teams to measure the temperature of all individuals entering the mall at all entrances throughout opening hours, prevent any person with a temperature exceeding 38 degrees Celsius from entering, remove all chairs and benches in the corridors, and provide masks and gloves for visitors at the entrances.

All malls are to have security personnel stationed at all entrances to ensure that visitors are wearing masks.

The municipality also requires all malls to sterilize the entire facility every 24 hours, allocate rooms for medical isolation when there is any suspicion of an individual being infected with COVID-19, ensure the presence of a sufficient number of security personnel, and carry out regular rounds to verify full compliance, and suspend the valet service.

It also called for malls to put up explanatory signs of the guidelines to ensure that everyone understands the precautionary measures.

Malls should rely on the use of escalators and stairs for movement between floors, and in the event they are not available, only two people are allowed to ride the elevator at a time.

Revised curfew

Saudi Arabia had revised on April 21 its coronavirus curfew timings for the holy month of Ramadan, allowing residents in all areas and cities not currently under a 24-horu lockdown to go out between 9 a.m. and 5 p.m.

However, areas under a complete lockdown will only be allowed to go out for essential needs, such as grocery shopping or medical visits, between the hours of 9 a.m. and 5 p.m. Residents in these areas must stay within their neighborhoods

A 24-hour lockdown was previously imposed on the cities of Riyadh, Tabuk, Dammam, Dhahran, and Hofuf and throughout the governorates of Jeddah, Taif, Qatif, and Khobar.

The government had imposed a full lockdown on the holy cities of Makkah and Madinah as well. Other cities and governorates had a curfew implemented from 3 p.m. to 6 a.m. daily.

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