Easing of GCC blockade on Qatar positive but not ‘ground-breaking’ for cap markets

By Mariam Meskin
08 Jan 2021

The blockade imposed on Qatar by its Gulf neighbours in 2017 was lifted this week, with a gradual easing of all restrictions expected in the coming months. However, bankers and investors are skeptical that the move's "short-lived" effects will have a significant impact on regional capital markets, which have demonstrated resilience in recent years.

Earlier this week at a Gulf Cooperation Council summit held in Saudi Arabia, an accord was signed that essentially ended the Saudi Arabia-led blockade against Qatar initiated in June 2017.

The blockade, joined by the United Arab Emirates, Bahrain and Egypt, came after Qatar was accused of ...

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