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Thursday, June 22, 2017 23:51 GMT
The blockade imposed on Qatar by some of its regional neighbors is threatening to puncture investor appetite for the GCC region as a whole, translating into potentially higher debt costs for governments and possibly slowing the pace of Saudi Arabia’s economic reforms. Saudi, UAE, Bahrain and Egypt broke relations and transport ties with Qatar on June 5. The move has thrown the region — which has been relatively stable — into diplomatic turmoil that is now putting off investors. “We were used...More