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.”"



'via Blog this'

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