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Wednesday, 19 July 2017

Gulf business counts cost of Arab states’ Qatar embargo

Gulf business counts cost of Arab states’ Qatar embargo:

"When the quartet of Arab nations imposed an embargo on Qatar a month ago, accusing the gas-rich Gulf state of backing terrorism, they quickly closed air, sea and land borders to their neighbour.

For Mohammed Saleh, who runs a business that distributes building materials across the region, the crisis left an important Qatar-bound cargo stranded at Dubai’s Jebel Ali port. He had to take out a loan to pay his supplier, losing £30,000 in the process.

“One minute we are doing business with Qatar, the next we are told we are doing business with terrorist financiers,” he said. “It’s all so confusing.”"



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