Published: Thu, June 15, 2017
Markets | By Noel Gibbs

Somalia Turns Down $80M Saudi Offer To Cut Ties With Qatar

Erdogan said that it appeared some countries chose to hand down the death penalty to Qatar and urged Saudi Arabia to reconsider the harsh steps against the Gulf country.

Islamabad Chamber of Commerce and Industry (ICCI) on Monday called upon the government to play mediatory role in ending the current standoff between Qatar and Gulf states.

Speaking amid a tour of European capitals to gauge support among Doha's traditional allies, Sheikh Mohammed said there was "no proof" to accusations that his country financed terrorist groups, supported the Muslim Brotherhood and the Palestinian group Hamas and had close ties with Iran. Natural gas exports may help Qatar protect it in the ongoing dispute it has with other Arab nations.

They also shut down trade with the country, sparking fears of food shortages in a country that before the week's action brought in 80% of its food supply from the Gulf countries that surround it.

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Turkey President Recep Tayyip Erdogan on Tuesday criticised the economic and political isolation of Qatar by several Gulf countries, calling it "inhuman and un-Islamic" reported AFP. Soldiers in an armoured pick-up truck looked out over barbed-wire at sprawling dustland separating Qatar from Saudi Arabia.

Qatar's foreign minister is welcoming diplomatic efforts to calm the Gulf standoff over alleged Qatari support for Islamic extremists — but insists that no one can dictate its foreign policy.

The dramatic crisis pitting tiny, oil-wealthy Qatar against regional powers Saudi Arabia, the United Arab Emirates and Egypt raises the question of the survivability of the Gulf Cooperation Council, the regional organization of six Gulf states.

Sharif's office issued a statement on Tuesday, following his return from Saudi Arabia. "Victimising Qatar through smear campaigns serves no goal", he said during a parliamentary address, using the Arabic abbreviation for the Islamic State of Iraq and the Levant (ISIL, also known as ISIS), on Tuesday.

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He said European countries, including France, were trying to ease tensions in support of Kuwait's mediation efforts, and he believed that the United States, which was also backing mediation, wanted restrictions on Doha to be lifted.

Qatar's port authority published video Monday showing a ship arriving at Doha's Hamad Port from Oman's port of Sohar. But since June 5, the UAE has joined Saudi Arabia, Bahrain and Egypt in cutting off sea traffic to Qatar as part of the nations cutting diplomatic ties.

Russia's state-run Tass news agency says the two discussed "the growing tensions around Qatar".

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London Mayor Sadiq Khan says questions need to be answered about tower blocks around the city following a devastating fire. Fire engulfed a high-rise block of apartments in central London on Wednesday, killing at least six people and injuring 74.

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