Alwaght | News & Analysis Website

Editor's Choice

News

Most Viewed

Day Week Month

In Focus

Ansarullah

Ansarullah

A Zaidi Shiite movement operating in Yemen. It seeks to establish a democratic government in Yemen.
Shiite

Shiite

represents the second largest denomination of Islam. Shiites believe Ali (peace be upon him) to be prophet"s successor in the Caliphate.
Resistance

Resistance

Axis of Resistances refers to countries and movements with common political goal, i.e., resisting against Zionist regime, America and other western powers. Iran, Syria, Hezbollah in Lebanon, and Hamas in Palestine are considered as the Axis of Resistance.
Persian Gulf Cooperation Council

Persian Gulf Cooperation Council

A regional political u n i o n consisting of Arab states of the Persian Gulf, except for Iraq.
Taliban

Taliban

Taliban is a Sunni fundamentalist movement in Afghanistan. It was founded by Mohammed Omar in 1994.
  Wahhabism & Extremism

Wahhabism & Extremism

Wahhabism is an extremist pseudo-Sunni movement, which labels non-Wahhabi Muslims as apostates thus paving the way for their bloodshed.
Kurds

Kurds

Kurds are an ethnic group in the Middle East, mostly inhabiting a region, which spans adjacent parts of Iran, Iraq, Syria, and Turkey. They are an Iranian people and speak the Kurdish languages, which form a subgroup of the Northwestern Iranian branch of Iranian languages.
NATO

NATO

The North Atlantic Treaty Organization is an intergovernmental military alliance based on the North Atlantic Treaty which was signed on 4 April 1949.
Islamic Awakening

Islamic Awakening

Refers to a revival of the Islam throughout the world, that began in 1979 by Iranian Revolution that established an Islamic republic.
Al-Qaeda

Al-Qaeda

A militant Sunni organization founded by Osama bin Laden at some point between 1988 and 1989
New node

New node

Map of  Latest Battlefield Developments in Syria and Iraq on
alwaght.net
News

Saudi-Led Regimes Attempt to Destroy Qatari Economy

Tuesday 19 December 2017
Saudi-Led Regimes Attempt to Destroy Qatari Economy

Alwaght- Qatar is probing attempts to harm the Qatari economy through the manipulation of its currency, securities and derivatives markets.

Sheikh Abdulla bin Saud Al Thani, the governor of Qatar's central bank, blamed the effort on a Saudi-led group of countries that imposed an economic boycott on Qatar in June.

"We know blockading countries and their agents are attempting to manipulate and undermine our currency, securities and derivatives, as part of a coordinated strategy to damage Qatar's economy," Sheikh Abdulla said in a statement on Tuesday.

The central bank has hired a New York-based law firm to lead the investigation, Sheikh Abdulla said, adding: "We will not stand by while our country is attacked in this manner."

In November, US-based investigative news website, the Intercept, revealed an alleged plot by the UAE to weaken Qatar's currency and strip the country of its role as host of the World Football Cup in 2022.

Citing documents found in an email account belonging to UAE's ambassador to the US, Yousef al-Otaiba, the Intercept said a Luxembourg-based private bank drew up a scheme to "drive down the value of Qatar's bonds and increase the cost of insuring them, with the ultimate goal of creating a currency crisis that would drain the country's cash reserves".

There was no conclusive evidence that the plan was executed, the Intercept reported.

Early June, Saudi-led regimes severed relations with Qatar and imposed a blockade against it, accusing Doha of funding "extremism". Qatar has vehemently rejected the allegations as "baseless".

On June 22, the block, Saudi Arabia, the UAE, Bahrain, Egypt, issued a 13-point list of demands, including the shutdown of Al Jazeera TV, limiting ties with Iran, and expelling Turkish troops stationed in the country as a prerequisite to lifting the blockade.

Qatar rejected all the demands, denouncing them as attempts to violate its sovereignty.

Tags :

Qatar Saudi-Led Regime Economy Sheikh Abdullah bin Saud al Thani

Comments
Name :
Email :
* Text :
Send

Gallery

Photo

Film

Courages Individiuals like Sinvar are on the Rise

Courages Individiuals like Sinvar are on the Rise