Gulf Countries Critical Of Qatar’s Support For Muslim Brotherhood Recall Ambassadors
Qatar’s stock market dove on the revelation.
The decision followed a Gulf foreign ministers meeting in Riyadh Tuesday, as they failed to convince Qatar to implement an accord that stops “support for anyone who threatens the security and stability of GCC countries,” they said in their statement.
In February, the UAE summoned Qatar’s Ambassador and issued a Letter of Protest in response to criticism by a Doha-based cleric called Yusuf al-Qaradawi, he is known to have close ties with Qatari Royals and expresses support for the Muslim Brotherhood.
“This has to deal with Qatar’s continued support for the Muslim Brotherhood,” Theodore Karasik, director of research at the Institute for Near East and Gulf Military Analysis in Dubai, said in an interview. “Members and supporters of the Islamic group are criticizing GCC countries from Doha.”
Qatar’s QE Index fell 2.3% as of 12:24 p. in Doha.
Dubai’s DFM General Index fell 0.9 before paring losses to 0.1%.
A Qatar’s foreign ministry official declined to comment when contacted by phone.
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