Published: Tue, June 06, 2017
Global News | By Stacy Ballard

Kuwait Emir in talks with Saudis, Qataris to resolve Gulf crisis

Qatar's leader, Sheikh Tamim bin Hamad Al-Thani, spoke by telephone overnight with his counterpart in Kuwait and, in order to allow Kuwait to mediate, chose to put off a planned speech to the nation, the foreign minister said.

She added that the ministry would also monitor connecting flights from Qatar to other countries since four countries, Saudi Arabia, Egypt, Bahrain and United Arab Emirates, have banned any flights from Qatar.

Qatar has provided the most number of jobs for Sri Lankan expatriates after Saudi Arabia in the last two years.

Egypt and the three Gulf countries behind the move to freeze out Qatar accused it of supporting terrorism and destabilizing the region.

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Peacemaking efforts by the Emir of Kuwait are futile, a commentator from a think tank close to the UAE government said.

But Qatar's Foreign Minister, Sheikh Mohammed Bin Abdulrahman al-Thani, told broadcaster Al Jazeera the country would "still have access to the world through worldwide sea lanes and global airspace".

Erdogan's spokesman Ibrahim Kalin reiterated Turkey's sadness over the incident, and said it stood ready help if needed.

Flight tracker websites showed Qatar Airways flights taking a circuitous route mostly over Iran to avoid their neighbors. A Qatari central bank official, declining to be named under briefing rules, told Reuters the riyal's dip was due to speculation and that Qatar had huge foreign exchange reserves which it could use if necessary to support its currency.

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The other attacker, Rachid Redouane, 30, claimed to be Moroccan-Libyan descent, also lived in the same area of east London . Pakistani-born Khuram Shazad Butt was on the radar of the police and MI5 and had apparently been investigated in 2015.

With an estimated $335 billion of assets in its sovereign wealth fund and its gas exports earning billions of dollars every month, Qatar, however, has enough financial power to protect its banks.

They also said that the central bank of the UAE had asked banks in the country to provide details of their exposure to banks in Qatar and that the central bank of Bahrain had taken a similar step.

"We need to rebuild trust after broken pledges, we need a guaranteed roadmap", he wrote.

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Doha has denied the terror allegations, calling them "a campaign of lies that have reached the point of complete fabrication". Travel disruption is expected as the airport in Doha, Qatar's capital, is a major hub for worldwide flight connections.

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