Isolated #Qatar Beats Its Gulf Peers in 2018's Asset Scorecards - Bloomberg

Isolated Qatar Beats Its Gulf Peers in 2018's Asset Scorecards - Bloomberg:

It’s been a year-and-a-half since Saudi Arabia and other Arab nations cut ties with Qatar in a dramatic breakup. Most analysts at the time said they’d kiss and make up within months, but here we are, at the cusp of 2019, and there’s no sign of a reconciliation.

Even though Qatar is the one that’s been isolated, its assets have fared better this year than other Gulf nations.

The Gas-rich state has offset the impact of the embargo on its economy, prompting Moody’s Investors Service in July to reverse last year’s cut in its credit-rating outlook. Doha’s credit risk plunged and foreign investors piled into its stocks at the fastest pace since at least 2016.