💥 Fed cuts sparks mid cap boom! ProPicks AI scores with 4 stocks +23% each. Get October’s update first.Pick Stocks with AI

Qatar's emir receives invite from Saudi king to attend Gulf Arab summit

Published 04/12/2018, 20:23
© Reuters. Qatar's Sheikh Tamim bin Hamad Al Thani arrives to attend the Paris Peace Forum

DOHA (Reuters) - Qatar's emir, Sheikh Tamim bin Hamad Al Thani, has received a written invitation from Saudi Arabia's King Salman to attend an annual Gulf Arab summit being held in Riyadh on Dec. 9, the Qatar News Agency said on Tuesday.

Qatar is locked in a bitter dispute with Saudi Arabia that has fractured the six-nation Gulf Cooperation Council (GCC) and it has not said what level of representation it will send to the gathering of heads of state seen by analysts as unlikely to bring a diplomatic breakthrough.

Saudi Arabia, the United Arab Emirates, Bahrain and non-GCC member Egypt have imposed diplomatic, trade and transport sanctions on Qatar since June 2017, accusing it of supporting terrorism. Doha denies the charge.

At last year's GCC summit, held in Kuwait, Saudi Arabia, the UAE and Bahrain sent ministers or deputy prime ministers, rather than heads of state.

The invite from the Saudi king comes a day after Qatar abruptly announced it was quitting OPEC after 57 years to focus on gas in an apparent swipe at the oil-producing bloc's de facto leader Saudi Arabia.

Doha's exit from OPEC has deepened the sense among diplomats and analysts that any prospect for a near-term resolution to the Gulf row was unlikely to come at the summit in Riyadh.

"I'm sure this summit will not bring any change," said Mahjoob Zweiri, director of the Gulf Studies Center at Qatar University.

Saudi Arabia and the UAE have repeatedly said that the dispute was not a high priority for them, and Qatar's foreign minister said last month he saw no thaw.

At an Arab League summit in Riyadh last April Qatar did not send a senior official and its delegation was headed instead by its permanent representative to the Arab League.

The row has defied mediation efforts by Kuwait and the United States which sees Gulf unity as essential to efforts to contain Iran.

© Reuters. Qatar's Sheikh Tamim bin Hamad Al Thani arrives to attend the Paris Peace Forum

The GCC was founded in 1980 as a bulwark against bigger neighbours Iran and Iraq, but the protracted row has undermined its role in regional affairs.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.