In a development with profoundly positive implications for the region’s travel and travel retail sectors, Saudi Arabia, Egypt, Bahrain and the United Arab Emirates (UAE) have agreed to restore full ties with Qatar.
The Ministers of Finance of the Kingdom of Saudi Arabia, the United Arab Emirates, the State of Kuwait…
1274 | the publication reaches you by | Bahrain NewsAmong other allegations, the Doha government had been accused of supporting terrorist groups and being too close to Iran, claims that Qatar vehemently denied.
The blockade had a particularly severe impact on Qatar Airways as its neighbours closed their airspace to Qatar (Bahrain and the UAE also closed their maritime borders to ships carrying the Qatari flag).
More details to follow soon on a story that will also have positive repercussions for travel retail in each of the countries. Duty free sales were hard hit by the blockade, with Qatar Duty Free and Dubai Duty Free particularly affected.
Nvestox management had already staggered a ‘loop-work’ environment within their key teams trading all major global exchanges, so…
996 | the publication reaches you by | Bahrain News
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The Arab states of the Persian Gulf are the seven Arab states which border the Persian Gulf, namely Bahrain, Iraq, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates (UAE).This excludes the non-Arab state of Iran. All of these nations except Iraq are part of the Gulf Cooperation Council (GCC).
