The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site.

All material subject to strictly enforced copyright laws. © 2020 Euromoney, a part of the Euromoney Institutional Investor PLC.
Banking

Qatari finance finds its new normal

Banks in Qatar have been hit hard by its powerful neighbours’ unexpected blockade, but finance, just like other sectors of the Qatari economy, is finding ways to cope with this sudden realignment of regional alliances.

Qatar-traffic-600
A stylized image of a young Tamim bin Hamad Al Thani has become a symbol
of Qatari resistance to the blockade

All over Doha a singular image has become ubiquitous: a stylized black and white portrait of a young Tamim bin Hamad Al Thani, the emir of Qatar, under which is written, in calligraphic Arabic, ‘Tamim the glorious’. 

Half-a-year ago you would have seen no such image; now it is everywhere. On car windscreens, at street corners, in the lobbies of hundreds of corporate headquarters around the Qatari capital (often signed by dozens of employees) and, importantly, on social media. 

That the same image in praise of the country’s ruler is so widespread may give the impression that it was forced down from the top, but Qatari and expatriate residents of Doha are adamant that this happened spontaneously.

Take out a complimentary trial

Take out a 7 day trial to gain unlimited access to Euromoney.com and Asiamoney.com analysis and receive expertly-curated updates direct to your inbox.

 

Already a user?

Login now

 

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree