Qatar seeks Kuwaiti mediation after powerful Arab nations shun it

Qatar seeks Kuwaiti mediation after powerful Arab nations shun itBy Tom Finn and Sylvia Westall DOHA/DUBAI (Reuters) – Qatar’s ruler postponed an address to his country on Tuesday over its sudden and damaging diplomatic isolation from other leading Arab nations, in order to allow Kuwait some time and room to mediate. In a sign of the potential consequences for the Qatari economy, a number of banks in the region began stepping back from business dealings with Qatar. Qatar’s foreign minister, Sheikh Mohammed bin Abdulrahman al-Thani, said Doha was ready for mediation efforts after Saudi Arabia, Egypt, the United Arab Emirates and Bahrain severed diplomatic relations in a coordinated move.



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