GCC EMBARGO: How Will Qatar’s Sovereign Wealth Assets be Impacted?

doha sovereign wealth fund

In a coordinated maneuver, Saudi Arabia, the United Arab Emirates (UAE), Bahrain, Yemen, the Maldives and the eastern government of Libya have ceased diplomatic and other links with Qatar. Within a short-time frame, these countries have accused Qatar of supporting terrorism in the region. Qatar has supported groups such as the Muslim Brotherhood in the Middle East, which some countries have designated them as a terrorist organization.

Qatar has denied the allegations of terrorist financing. Sunni-majority countries such as Turkey and Pakistan are watching on the sidelines. In addition, U.S. President Donald J. Trump has claimed credit for the pressure exerted by the GCC countries onto Qatar. Political tensions between Qatar and Saudi Arabia are long-standing. Qatar, even though a Sunni-majority country, has had extensive discussions and co-operation with Iran, including jointly exploring the massive North Field.

How Will This Impact Qatar’s Massive Sovereign Wealth Fund

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