Don't Forget Qatar and Its Asset Sales Amid Saudi Arabia's Purge - Bloomberg:
"As the corruption crackdown in Saudi Arabia reverberates across markets, companies in gas-rich Qatar are selling assets. This week two state-linked firms are divesting assets. Qatar Foundation, a royal family run non-profit that also operates a joint venture with Vodafone Group Plc, is seeking to raise as much as $1.5 billion from the sale of a stake in India’s biggest mobile-phone operator, while Qatar Islamic Bank is exiting its investment in Asian Finance Bank. The nation’s foreign reserves and companies are showing signs of strain as a Saudi-led isolation of Qatar entered its sixth month. International reserves and foreign-currency liquidity in September dropped 8.6 percent to $34 billion from a month ago. The stock index has lost 24 percent this year compared with a 3.8 percent decline for its Saudi counterpart."
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