{"id":642428,"date":"2017-08-14T04:09:33","date_gmt":"2017-08-14T04:09:33","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/14\/no-boycott-of-us-companies-doing-business-with-qatar-sources\/"},"modified":"2017-08-14T04:09:33","modified_gmt":"2017-08-14T04:09:33","slug":"no-boycott-of-us-companies-doing-business-with-qatar-sources","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/14\/no-boycott-of-us-companies-doing-business-with-qatar-sources\/","title":{"rendered":"No boycott of US companies doing business with Qatar -sources"},"content":{"rendered":"

US companies doing business with Qatar will not be punished by countries leading a <\/strong>boycott of the tiny Gulf state<\/strong>, sources told Reuters<\/a>. Saudi Arabia, the UAE, Egypt, and Bahrain sent a letter to US State Secretary Rex Tillerson \u201cin July reassuring him that US companies would not be discriminated against as part of the boycott, according to sources with knowledge of the letter.\u201d Reuters adds that the EU was given similar \u201cofficial ... verbal assurances\u201d<\/strong> by the UAE. Despite moves by some companies to have their Qatari operations not report to the regional head office, which is often located in Dubai, a source says \u201cthere have been no known incidents of a U.S. company being discriminated against by the four Arab countries because of the dispute with Qatar.\u201d However, the Financial Times<\/a> is noting that a number of hotels in the UK, including Claridge\u2019s, the Connaught and the Berkeley, which have been the beneficiaries of Qatari investments, have been subject to an unofficial boycott by GCC dignitaries.<\/p>\n

This comes as half of Qatar\u2019s traditional investor base has reportedly cut ties with the <\/strong>country,<\/strong> according to Bloomberg<\/a>. Qatari banks, including Qatar National Bank QPSC, Commercial Bank QSC and Doha Bank QSC, are considering funding options that include loans, private placements or USD bonds to make up the shortfall. Analysts expect that the lenders will need to up their yields to factor in the instability.<\/p>\n","protected":false},"excerpt":{"rendered":"

US companies doing business with Qatar will not be punished by countries leading a boycott of the tiny Gulf state, sources told Reuters. Saudi Arabia, the UAE, Egypt, and Bahrain sent a letter to US State Secretary Rex Tillerson \u201cin July reassuring him that US companies would not be discriminated against as part of the […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-642428","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"7332b6d5-551f-4187-b1cf-deb075955a0d","order":"0","is_powered_by":true,"section_story_id":"61fc4aaf-66f2-426b-b995-8fde43e1af25","story_type":"1","photo_url":"","photo_position":"above","related_issue":[642407],"teaser":"","voice_url":""},"yoast_head":"\nNo boycott of US companies doing business with Qatar -sources - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/14\/no-boycott-of-us-companies-doing-business-with-qatar-sources\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"No boycott of US companies doing business with Qatar -sources\" \/>\n<meta property=\"og:description\" content=\"US companies doing business with Qatar will not be punished by countries leading a boycott of the tiny Gulf state, sources told Reuters. Saudi Arabia, the UAE, Egypt, and Bahrain sent a letter to US State Secretary Rex Tillerson \u201cin July reassuring him that US companies would not be discriminated against as part of the […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/14\/no-boycott-of-us-companies-doing-business-with-qatar-sources\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-08-14T04:09:33+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/14\/no-boycott-of-us-companies-doing-business-with-qatar-sources\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/14\/no-boycott-of-us-companies-doing-business-with-qatar-sources\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"No boycott of US companies doing business with Qatar -sources\",\"datePublished\":\"2017-08-14T04:09:33+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/14\/no-boycott-of-us-companies-doing-business-with-qatar-sources\/\"},\"wordCount\":246,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/14\/no-boycott-of-us-companies-doing-business-with-qatar-sources\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/14\/no-boycott-of-us-companies-doing-business-with-qatar-sources\/\",\"name\":\"No boycott of US companies doing business with Qatar -sources - 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