DOHA - Qatar-GCC tensions are expected to be resolved in the next 24 hours, sources in Qatar claimed here on Sunday night.
According to sources close to developments, the next 24 hours would be crucial in the negotiations between Qatar, Saudi Arabia, and UAE. Reportedly, the Emir of Kuwait, Al-Jaber Al-Sabah, is negotiating a settlement between the three countries and a plane is ready to bring the Emir of Qatar to either UAE or Kuwait where the negotiations will take place. Meanwhile, another plane is ready to bring a senior representative of Saudi govt to the negotiation table.
One major bone of contention between the three countries is the presence of 60 members of Muslim Brotherhood in Qatar. There is a strong possibility that Qatar will agree to deport them, and they would in turn be most likely taken in by Turkey, sources said.
Earlier, Kuwait had said that Qatar is willing to hold a dialogue with Gulf Arab countries that cut ties with it and was ready to listen to their concerns.
"(Kuwait) affirms the readiness of the brothers in Qatar to understand the reality of the qualms and concerns of their brothers and to heed the noble endeavours to enhance security and stability," Kuwait's state-run KUNA news agency quoted Foreign Minister Sheikh Sabah al-Khalid al-Sabah as saying on Sunday.
Qatar, a day earlier, in response to allegations of support for Taliban, had said Qatar was hosting the Taliban "by request by the US government" and as part of Qatar's "open-door policy, to facilitate talks, to mediate and to bring peace".
Qatar holds that it wants to become regional hub for peace an negotiations, and hosting members of Taliban and Muslim Brotherhood, it claims, is a part of Qatar's initiatives to bring peace in the Middle East.
On June 5th, Bahrain, Saudi Arabia and UAE had cut ties with Qatar and blocked their airspace to the tiny Gulf country ostensibly on allegations of support for terrorism. However, according to experts on the region, the trouble started when Emir of Qatar was quoted on Qatar News Agency giving a statement in favor of negotiations with Iran. Qatar later said that the QNA was hacked and the statement attributed to its Emir was false.
Pakistani rupee continue to witness further losses against US dollar in the open market on despite positive economic indicators and massive surge in Stock Market.
On Tuesday, the dollar was being quoted at 285.1 for selling and 288.15 for buying purposes for customers.
Euro price moves down by Rs2 to 312 for buying and 315 for selling. British Pound rate stands at 358.5 for buying, and 362 for selling after increase.
UAE Dirham AED stands at 78 whereas the Saudi Riyal also witnessed fall and new price stands at 76.25.
|UK Pound Sterling||GBP||358.5||362|
|Hong Kong Dollar||HKD||36.24||36.59|
|New Zealand Dollar||NZD||173.44||175.44|
KARACHI – Gold continues to move upward in local market amid surge in international rates.
On Tuesday, the single tola of 24 Karat gold was available at Rs217,600, and the price for 10-gram gold saw increase of Rs943 to reach Rs186,557.
Globally, yellow metal went up by $12 to settle at $2,015 per ounce.
Last week, per tola gold price increased by Rs800 per tola, and it hovers around two month high.
|Lahore||PKR 217,600||PKR 2,600|
|Karachi||PKR 217,600||PKR 2,600|
|Islamabad||PKR 217,600||PKR 2,600|
|Peshawar||PKR 217,600||PKR 2,600|
|Quetta||PKR 217,600||PKR 2,600|
|Sialkot||PKR 217,600||PKR 2,600|
|Attock||PKR 217,600||PKR 2,600|
|Gujranwala||PKR 217,600||PKR 2,600|
|Jehlum||PKR 217,600||PKR 2,600|
|Multan||PKR 217,600||PKR 2,600|
|Bahawalpur||PKR 217,600||PKR 2,600|
|Gujrat||PKR 217,600||PKR 2,600|
|Nawabshah||PKR 217,600||PKR 2,600|
|Chakwal||PKR 217,600||PKR 2,600|
|Hyderabad||PKR 217,600||PKR 2,600|
|Nowshehra||PKR 217,600||PKR 2,600|
|Sargodha||PKR 217,600||PKR 2,600|
|Faisalabad||PKR 217,600||PKR 2,600|
|Mirpur||PKR 217,600||PKR 2,600|