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07 Jan
09:03

GCC-Qatar relations restoration to boost regional trade: market

The restoration of ties between Qatar and its Gulf Cooperation Council neighbours is likely to see Qatar Steel sell billet and rebar to Saudi Arabia later this year, GCC market sources tell Kallanish. Flat products and pipe will go in the opposite direction. Saudi Arabia, United Arab Emirates and Bahrain, as well as Egypt, cut ties with Qatar in mid-2017 and imposed a trade embargo after they accused the tiny but wealthy emirate of supporting Islamist extremism. R…
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