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Qatar seen surviving Saudi-led sanctions

It has the most stable economy and financial situation, says a King's College London don

Published Wed, Aug 16, 2017 · 09:50 PM
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Doha

QATAR'S economy has been hit by the sanctions imposed by a Saudi-led Arab bloc but the emirate's economy is strong enough to survive, analysts say.

Since June 5, Saudi Arabia and allies Bahrain, Egypt and the United Arab Emirates had shut down air, maritime and land links with Qatar, and imposed economic sanctions, accusing Doha of supporting "terrorists" and of being too close to Iran.

Qatar, denying the charges, accuses its Gulf neighbours of seeking to strangle its economy.

The heavily …

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