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Posted on May 21, 2020

Sultan of Oman meets Qatar’s Deputy Prime Minister and Minister of Foreign Affairs

HM Sultan Haitham bin Tarik of Oman met here on Thursday with HE Qatar’s Deputy Prime Minister and Minister of Foreign Affairs Sheikh Mohammed bin Abdulrahman Al-Thani.

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Posted on May 21, 2020

Qatar faces recession making World Cup trips harder for fans

The head of the organizing committee for the 2022 World Cup says a global recession caused by the coronavirus pandemic could affect the ability of fans to afford to travel to Qatar …

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Posted on May 21, 2020

Turkish central bank triples Qatar currency swap line to $15 billion as economy flounders

The move secures much-needed funding as the country of 82 million burns through its reserves and faces a widening fiscal deficit.

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Posted on May 20, 2020

US-Qatar Business Council webinar focuses on food security

Qatar’s Vision for Sustainable Food Security’, organised by the US-Qatar Business Council (USQBC) on Tuesday. “Post-blockade, Qatar’s food security has focused on four main pillars: international …

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Posted on May 20, 2020

Qatar World Cup organizers fear fans won’t afford attending

Organizers of the World Cup in Qatar are concerned that many fans won’t be able to afford traveling to the tournament in 2022 if the coronavirus pandemic causes a global recession.

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Posted on May 20, 2020

Qatar offers Turkey relief by tripling FX swap line to $15bn

Goldman Sachs says the boost from Qatar ‘only closes roughly a third of the funding gap’ it foresees for 2020.

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Posted on May 20, 2020

Turkey secures sought after currency swap with expanded Qatar deal

The two countries have expanded a swap agreement, first struck during a 2018 currency crisis, that allows Ankara to exchange Turkish lira for Qatari riyal, reaffirming the close ties between President …

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Posted on May 20, 2020

Turkey and Qatar Triple Currency Deal to Aid the Lira

Turkey’s central bank tripled the limit on an existing swap agreement with Qatar’s monetary authority to $15 billion.“The core objectives of the agreement are to facilitate bilateral trade in …

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Posted on May 20, 2020

Turkish central bank triples Qatar currency support deal to $15 billion as economy flounders

The move secures much-needed funding as the country of 82 million burns through its reserves and faces a widening fiscal deficit.

( read original story …)



Posted on May 20, 2020

Qatar offers Turkey relief by tripling FX swap line to $15 billion

Turkey secured a tripling of its currency-swap agreement with Qatar to $15 billion, the central bank said on Wednesday, providing some much-needed foreign funding to reinforce its depleted reserves …

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