Buildings are seen on a coast line in Doha, Qatar, June 15, 2017.
Officials in Qatar have indicated they will reject the 13 demands of other Arab states

Qatar says it will reject 13 demands from Arab states



Abu Dhabi // Qatar said it would reject the 13 demands made by Arab states to end its isolation aimed at halting Doha's support of extremist groups.

The UAE, Saudi Arabia, Bahrain and Egypt imposed sanctions against Qatar last month followed by a list of requests to resolve the crisis.

But foreign minister Sheikh Mohammed bin Abdulrahman Al Thani claimed  the grievances were aimed at undermining his country's sovereignty and not combating terrorism.

"This list of demands is to be rejected, not to be accepted. We are willing to engage in dialogue but under proper conditions," he said in Rome on Saturday.

The minister's comments came after intensive efforts from Kuwait to mediate in the dispute and ahead of a deadline on Monday for Qatar to respond to the demands, which were presented to Doha last week.

Sheikh Mohammed also gave mixed signals. Qatar was willing to sit down and discuss the grievances, he said, but continued to reject the requests, which include closing down a Turkish military base in his country and shutting Al Jazeera news network.

The list also includes scaling down Qatar's relationship with Iran, agreeing to monthly audits on government finances and ending its alleged funding of terrorist organisations around the Middle East.

Qatar Crisis

Editorial: Qatar's wrong-headed behaviour is depressingly predictable

BoycottArab rights group says Qatar isolation cannot be considered 'blockade' 

Sport: Middle East rugby chiefs in limbo as Qatar deadline looms

Sport: UAE bans Qatari American football team citing 'security concerns'

The Arab states cut diplomatic, trade and travel links with Doha on June 5 and banned most Qataris from their countries. Since the demands were issued, Qatar has increased its efforts to drum up international support.

Vladimir Putin discussed the Qatar crisis on Saturday in a telephone call with Bahrain’s King Hamad before calling Qatari emir Sheikh Tamim. The Russian president stressed the need for talks between the governments involved in the dispute, the Kremlin said.

Over the weekend, Qatar lobbied members of the United Nations Security Council to call for an end to the regional boycott. The foreign minister said he held meetings with all the countries holding a seat on the council, except for Egypt, a non-permanent member of the council.

Mishaal Al Gergawi, managing director of the Delma Institute think tank in Abu Dhabi, said Qatar's rejection of the demands is likely to cause a diplomatic escalation but not complete severance from the GCC.

“We’ve seen lots of sources hint at increasing economic sanctions, reaching a point where countries, organisations, institutions will have to choose between working with those countries or working with Qatar,” he said. “Entities that have a lot of activity in Qatar they might not be likely to be favoured here.”

He said another concern for both the UAE and Qatar is how to address a gas pipeline shared by the two countries. He said that Qatar will place itself in a mutually disadvantageous position if they decide to cut the pipeline that provides Dubai with 40 per cent of its gas.

The UAE energy minister said on Thursday his country has sufficient resources to ward off any energy shortfall stemming from Gulf countries’ standoff with Qatar.

The Egyptian foreign minister, Sameh Shoukry, said on Wednesday that "the ball is in Qatar's court" in choosing between regional security or emboldening foreign powers in the Arab world.

Nervana Mahmoud, a commentator on Middle East issues, said Qatar was “trying to portray itself as a dignified underdog in front of the international community and the UN, hoping this will earn some sympathy and support”.

Doha hoped at least to “create enough noise to distract from the core problem, which is its support of radical Islamic groups in the region”, she said.

Qatar feels cornered, Mr Al Gergawi said. "They feel that the Kuwaiti mediation might not be enough so perhaps some pressure from Europe and America would be helpful."

On Saturday, the Qatari defence minister Khalid Al Attiyah held talks with Turkish president Recep Tayyip Erdogan in Ankara, a day after meeting Turkey’s defence minister.

Turkey has said it wants to mediate a resolution to the dispute but has ruled out closing its base in Qatar and has fast tracked a deployment of troops there.

Mr Al Gergawi said Turkey was reliant on Qatar to boost its economy, while Doha's ties with Iran, which other GCC states accuse of trying to expand its influence in the region, were long-standing.

"Erdogan has a hard time attracting foreign investment there and he’s very dependent on Qatari money,” he said.

Qatar Crisis

Editorial: Qatar's wrong-headed behaviour is depressingly predictable

BoycottArab rights group says Qatar isolation cannot be considered 'blockade' 

Sport: Middle East rugby chiefs in limbo as Qatar deadline looms

Sport: UAE bans Qatari American football team citing 'security concerns'

MATCH INFO

Barcelona 2
Suarez (10'), Messi (52')

Real Madrid 2
Ronaldo (14'), Bale (72')

The figures behind the event

1) More than 300 in-house cleaning crew

2) 165 staff assigned to sanitise public areas throughout the show

3) 1,000+ social distancing stickers

4) 809 hand sanitiser dispensers placed throughout the venue

COMPANY PROFILE

Name: SmartCrowd
Started: 2018
Founder: Siddiq Farid and Musfique Ahmed
Based: Dubai
Sector: FinTech / PropTech
Initial investment: $650,000
Current number of staff: 35
Investment stage: Series A
Investors: Various institutional investors and notable angel investors (500 MENA, Shurooq, Mada, Seedstar, Tricap)

Kill Bill Volume 1

Director: Quentin Tarantino
Stars: Uma Thurman, David Carradine and Michael Madsen
Rating: 4.5/5

Glossary of a stock market revolution

Reddit

A discussion website

Redditor

The users of Reddit

Robinhood

A smartphone app for buying and selling shares

Short seller

Selling a stock today in the belief its price will fall in the future

Short squeeze

Traders forced to buy a stock they are shorting 

Naked short

An illegal practice  

In 2018, the ICRC received 27,756 trace requests in the Middle East alone. The global total was 45,507.

 

There are 139,018 global trace requests that have not been resolved yet, 55,672 of these are in the Middle East region.

 

More than 540,000 individuals approached the ICRC in the Middle East asking to be reunited with missing loved ones in 2018.

 

The total figure for the entire world was 654,000 in 2018.

Honeymoonish

Director: Elie El Samaan

Starring: Nour Al Ghandour, Mahmoud Boushahri

Rating: 3/5

SPECS: Polestar 3

Engine: Long-range dual motor with 400V battery
Power: 360kW / 483bhp
Torque: 840Nm
Transmission: Single-speed automatic
Max touring range: 628km
0-100km/h: 4.7sec
Top speed: 210kph
Price: From Dh360,000
On sale: September

SPECS

Engine: 1.5-litre turbo

Power: 181hp

Torque: 230Nm

Transmission: 6-speed automatic

Starting price: Dh79,000

On sale: Now

MATCH INFO

UAE Division 1

Abu Dhabi Harlequins 12-24 Abu Dhabi Saracens

Rebel Moon – Part Two: The Scargiver review

Director: Zack Snyder
Starring: Sofia Boutella, Charlie Hunnam, Ed Skrein, Sir Anthony Hopkins
Rating: 2/5

COMPANY PROFILE

Name: Floward
Based: Riyadh, Saudi Arabia
Founders: Abdulaziz Al Loughani and Mohamed Al Arifi
Sector: E-commerce
Total funding: About $200 million
Investors: Aljazira Capital, Rainwater Partners, STV and Impact46
Number of employees: 1,200

Blonde

Director: Andrew Dominik
Stars: Ana de Armas, Adrien Brody, Bobby Cannavale
Rating: 3/5

THE DETAILS

Deadpool 2

Dir: David Leitch

Starring: Ryan Reynolds, Josh Brolin, Justin Dennison, Zazie Beetz

Four stars

HAEMOGLOBIN DISORDERS EXPLAINED

Thalassaemia is part of a family of genetic conditions affecting the blood known as haemoglobin disorders.

Haemoglobin is a substance in the red blood cells that carries oxygen and a lack of it triggers anemia, leaving patients very weak, short of breath and pale.

The most severe type of the condition is typically inherited when both parents are carriers. Those patients often require regular blood transfusions - about 450 of the UAE's 2,000 thalassaemia patients - though frequent transfusions can lead to too much iron in the body and heart and liver problems.

The condition mainly affects people of Mediterranean, South Asian, South-East Asian and Middle Eastern origin. Saudi Arabia recorded 45,892 cases of carriers between 2004 and 2014.

A World Health Organisation study estimated that globally there are at least 950,000 'new carrier couples' every year and annually there are 1.33 million at-risk pregnancies.

DEADPOOL & WOLVERINE

Starring: Ryan Reynolds, Hugh Jackman, Emma Corrin

Director: Shawn Levy

Rating: 3/5

The specs: McLaren 600LT

Price, base: Dh914,000

Engine: 3.8-litre twin-turbo V8

Transmission: Seven-speed automatic

Power: 600hp @ 7,500rpm

Torque: 620Nm @ 5,500rpm

Fuel economy 12.2.L / 100km

How to get exposure to gold

Although you can buy gold easily on the Dubai markets, the problem with buying physical bars, coins or jewellery is that you then have storage, security and insurance issues.

A far easier option is to invest in a low-cost exchange traded fund (ETF) that invests in the precious metal instead, for example, ETFS Physical Gold (PHAU) and iShares Physical Gold (SGLN) both track physical gold. The VanEck Vectors Gold Miners ETF invests directly in mining companies.

Alternatively, BlackRock Gold & General seeks to achieve long-term capital growth primarily through an actively managed portfolio of gold mining, commodity and precious-metal related shares. Its largest portfolio holdings include gold miners Newcrest Mining, Barrick Gold Corp, Agnico Eagle Mines and the NewMont Goldcorp.

Brave investors could take on the added risk of buying individual gold mining stocks, many of which have performed wonderfully well lately.

London-listed Centamin is up more than 70 per cent in just three months, although in a sign of its volatility, it is down 5 per cent on two years ago. Trans-Siberian Gold, listed on London's alternative investment market (AIM) for small stocks, has seen its share price almost quadruple from 34p to 124p over the same period, but do not assume this kind of runaway growth can continue for long

However, buying individual equities like these is highly risky, as their share prices can crash just as quickly, which isn't what what you want from a supposedly safe haven.

'The Lost Daughter'

Director: Maggie Gyllenhaal

Starring: Olivia Colman, Jessie Buckley, Dakota Johnson

Rating: 4/5

The specs: 2024 Mercedes E200

Engine: 2.0-litre four-cyl turbo + mild hybrid
Power: 204hp at 5,800rpm +23hp hybrid boost
Torque: 320Nm at 1,800rpm +205Nm hybrid boost
Transmission: 9-speed auto
Fuel consumption: 7.3L/100km
On sale: November/December
Price: From Dh205,000 (estimate)

Director: Shady Ali
Cast: Boumi Fouad , Mohamed Tharout and Hisham Ismael
Rating: 3/5