Saudi, UAE banks hold off on Qatar deals
A man walks past a branch of Qatar National Bank
Dubai - Arab Today
Some Saudi Arabian and United Arab Emirates commercial banks are holding off on doing business with Qatari banks, such as letters of credit, because of the diplomatic rift in the region, banking sources told Reuters on Tuesday.
They said the banks, which declined to be named, were delaying deals until they received guidance from their central banks on how to handle business with Qatar.
They also said the UAE central bank had asked banks in the country to detail their exposure to Qatari banks, and that the Bahrain central bank had taken a similar step, setting a Thursday deadline to obtain the information.
The UAE central bank did not respond to a request for comment and Bahraini central bank officials could not immediately be contacted for comment.
Saudi Arabia, Egypt, the United Arab Emirates and Bahrain severed air, sea and land transport links with Doha on Monday, accusing it of supporting terrorism.
Source: Arab News
- Friday ,16 November GMT 15:05 2018 World Bank Regional Vice President First Visit to West Bank and Gaza
GMT 14:08 2018 Friday ,14 December
Bank of Russia raises key rateGMT 13:23 2018 Thursday ,13 December
Philippine central bank holds overnight borrowing rate steadyGMT 11:33 2018 Tuesday ,11 December
Top EU court backs legality of ECB bond buyingGMT 20:46 2018 Wednesday ,05 December
World Bank funds water projects in North Kordofan StateGMT 15:06 2018 Friday ,30 November
Egypt, World Bank seek cooperation in solid waste recyclingGMT 12:21 2018 Wednesday ,28 November
BisB silver partner of World Islamic Banking ConferenceGMT 09:19 2018 Thursday ,22 November
AIIB Jin Liqun praises Suez Canal projectsGMT 15:05 2018 Friday ,16 November
World Bank Regional Vice President First Visit to West Bank and Gaza
Economic conference on investment opportunities in Syria kicks off
Bucharest - SANA
With the participation of 120 representatives of Romanian companies, Chambers of Commerce and industry, An economic conference on “Reconstruction in Syria between the development of economic steadfastness and the opportunities ofRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launched from the Baikonur CosmodromeLiverpool, Manchester City seek neighbours' help in title chase
London - DPA
Liverpool and Manchester City will be looking for a little help from their not-so-friendly neighbours this weekend. The Premier League front-runners face each other's local rivals when City host Everton and Liverpool take on Manchester United. Liverpool jumped above City at theBlue light in smartphones linked to blindness and some cancers
Spain - DPA
Ever since we have started to become chained to our smartphones and tablets, people have been saying that the waves coming off these devices must be bad for us. So often laughed off as conspiracy theorists, it now looks more and moreFestive Fashion by Dubai-based designer ASMARAÏA
Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard printGMT 20:01 2011 Thursday ,15 September
Kindle e-reader ads get local
GMT 12:18 2017 Thursday ,06 April
Kremlin says Syrian gas attack ‘unacceptable’ but US data on it not objective
GMT 00:28 2017 Thursday ,19 October
Etihad Airways flight from Abu Dhabi makes emergency landing
GMT 21:34 2017 Saturday ,19 August
Taylor Swift donates to sexual assault charity
GMT 05:29 2017 Sunday ,08 January
Ministry of Culture celebrates International Day of Braille
GMT 14:41 2017 Wednesday ,04 January
Nadal storms into Brisbane second round
GMT 15:50 2017 Tuesday ,03 January
LG Home Chef Competition honors best amateur cooks in KSA
GMT 13:02 2017 Tuesday ,09 May
Singer Nancy Ajram is confident of her legal position in her latest song
GMT 13:02 2017 Monday ,06 November
Algerian health official criticizes minister
GMT 15:30 2017 Saturday ,14 October
Health and fitness e-zine seeks anti-ageing face oils
GMT 19:57 2017 Tuesday ,28 November
Dubai Cares Chief Executive Officer honoured by outgoing UNESCO Director
GMT 08:15 2018 Tuesday ,18 September
Russia’s leading universities present their educational opportunities in Vietnam
GMT 05:50 2017 Monday ,06 February
Philippine ministers fear mine closure will cost jobs
GMT 19:12 2017 Monday ,17 April
U.S. Officials Following Missile Launch By North Korea
GMT 02:27 2018 Saturday ,20 January
over daughter's molestation claims
GMT 09:38 2018 Wednesday ,10 January
Berri receives official invitation to France
GMT 05:49 2014 Friday ,06 June
US safety board faults key device in BP oil spill
GMT 08:53 2017 Saturday ,30 December
George Wasoof celebrates his birthday
GMT 03:54 2017 Monday ,10 July
Afghanistan accuses Pakistan army of rocket attacks
GMT 05:59 2017 Tuesday ,15 August
Chinese President to Visit Pakistan on Wednesday
GMT 20:59 2017 Thursday ,04 May
Grant entry visas to residents of GCC countries at entry ports
GMT 16:11 2014 Tuesday ,07 October
Porsche Cayenne S E-Hybrid
GMT 01:42 2017 Tuesday ,05 December
Leading Pakistani companies preticipate in 5th world Halal Summit
GMT 21:13 2016 Monday ,24 October
Sudanese president heads for Riyadh for talks with Saudi king
GMT 23:50 2017 Monday ,09 October
50 GOP national security experts oppose Trump
GMT 12:01 2017 Saturday ,18 March
Hillary Clinton says she’s ‘ready to come out of the woods’
GMT 06:03 2017 Friday ,06 October
Indonesia floods: 26 dead, 19 missing, says official
GMT 22:08 2017 Thursday ,05 October
Lebanese army arrests Daesh leader in Arsal
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor