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  • Qatari royal invested about $50 million in pro-Trump network Newsmax

    At the time the investment was made, a coalition of countries led by Saudi Arabia and the United Arab Emirates had established a diplomatic and economic blockade against Qatar, accusing it of supporting terrorist groups across the Middle East. Qatar had counted on its relationship with the United States for protection, but President Donald Trump initially sided with its regional rivals, praising their move in 2017 and criticizing Qatar for funding terrorism.

  • The latest Saudi tennis bid stalls – now Qatar and UAE may rival them for Masters event

    The men’s professional tennis tour has opened a bidding process for an additional top-level tournament, creating a competition for the hosting rights for an event that, earlier this month, appeared all but certain to land in Saudi Arabia. That may still happen and the women’s tour is expected to be a part of any top-level event that gets added to the already packed tennis calendar, according to people familiar with the ever-evolving battle to control tennis and the role that Saudi Arabia appears determined to play. As with others spoken to for this piece, those people remain anonymous to protect relationships.

  • Saudi tennis bid to face competition from Qatar and United Arab Emirates

    The Association of Tennis Professionals has thrown open the bidding process for a tenth Masters 1000 event, probably staged in the first week of the season, so that the Saudi billions will have competition from other oil-rich states. A fortnight ago, Telegraph Sport revealed that the Saudis had made a ten-figure offer, with a 90-day “take it or leave it” expiration date. That bid worked out at a combined total of US$1.3bn across the men’s and women’s tours, and took in this new Masters event along with sponsorship rights and other tournament commitments including a WTA Finals in Riyadh.

  • Saudi Arabia, Qatar, Egypt among world’s top arms importers: SIPRI

    Saudi Arabia was the second-largest arms importer in the world from 2019 to 2023, accounting for 8.4% of imports, while Qatar was third with 7.6%. India was the largest importer with a 9.8% global market share, according to SIPRI’s data. Read more: https://www.al-monitor.com/originals/2024/03/saudi-arabia-qatar-egypt-among-worlds-top-arms-importers-sipri#ixzz8UGU8gXJ5

  • Saudi Arabia, Qatar, Egypt among world’s top arms importers: SIPRI

    Gulf states and Egypt accounted for more than 25% of global arms sales in the past four years, according to a report released Monday. The Stockholm International Peace Research Institute's (SIPRI) quadrennial report on international arms transfers details the import and export of weapons around the world between 2019 and 2023.

  • Saudi bourse gains on Fed rate cut signal; ex-dividend stocks pull down Dubai, Qatar

    The Saudi Arabian stock market rose in early trade on Thursday as the U.S. Federal Reserve Chair said he expects interest rate cuts later this year, while bourses in Dubai and Qatar were weighed down by stocks trading ex-dividend. In remarks prepared for delivery to the House Financial Services Committee, Fed Chair Jerome Powell said that continued progress on inflation "is not assured," though the central bank still expects to reduce its benchmark interest rate later this year.

  • Becoming “Neutral”: Addressing the Increasing Stakes of Qatar’s Hamas Mediation

    In Israel’s war in Gaza, Qatar has played an integral role as a mediator, leveraging its long-term contacts with Hamas. Playing a role procuring hostages from a warzone and trying to broker a cease-fire might seem like unalloyed positives. Yet, beyond its catastrophic humanitarian consequences, the Gaza conflict is proving to be poisonous in exacerbating ideological tensions within the Arab world and well beyond, deeply dividing people into diametrically opposed camps, or at least reinforcing existing political and ideological divisions.

  • Qatar Is Betting Big on LNG and Says Other Nations Should, Too

    Qatar is betting that demand for liquefied natural gas will continue to grow over the next few decades as it embarks on a new multibillion-dollar project to expand exports. “We need more gas for the world, and we need more players,” Energy Minister Saad Al-Kaabi said in an interview Sunday. The Middle Eastern nation — already one of the world’s largest exporters of LNG — plans to add 16 million tons of annual production capacity. That’s in addition to its previously-announced expansion of 49 million tons per year.

  • U.S. struggles to contain Gaza conflict, as Qatar PM sees progress in hostage release talks

    “I think it’s very important to note that this is an incredibly volatile time in the Middle East,” Blinken said at a press event with visiting NATO Secretary General Jens Stoltenberg this afternoon. “I would argue that we have not seen a situation as dangerous as the one we’re facing now across the region since at least 1973, and arguably even before that.” “We’ve made very, very clear from day one that we’re going to defend our people,” Blinken said. “We’re going to defend our personnel.”

  • Qatar’s Prime Minister Says Progress Made on Hostage-Release Deal

    “We are in a much better place than where we were a few weeks ago,” said Prime Minister Sheikh Mohammed bin Abdulrahman al-Thani, during a public forum in Washington. Still, gaps remain wide over key issues, including international guarantees, that during the pause in fighting a comprehensive agreement would be reached that would lead to a permanent end to the war, according to officials familiar with the talks between the leaders. While the talks were positive, a deal isn’t imminent, they said.

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