Qatar Says Pockets Deep Enough to Defend Riyal Amid Crisis

Qatar has enough financial firepower to defend its currency and economy, Finance Minister Ali Shareef Al Emadi said, as a Saudi-led campaign to isolate the small Gulf Arab country entered its second week. Al Emadi sought to play down the impact of the crisis on the country, saying the plunge in Qatari assets last week […]
Abu Dhabi’s Etisalat Could Sell Nigerian Unit Stake After Debt Deal – Sources

Abu Dhabi-listed Etisalat is considering a sale of its stake in Etisalat Nigeria after the local unit defaulted on a $1.2 billion loan payment but wants the unit’s debt restructured before it starts the sale process, two sources told Reuters. Etisalat is due to meet with local lenders in Nigeria on Tuesday or Wednesday to […]