Economy
Dubai Ports Ease Qatar Cargo Ban After Similar Abu Dhabi Measure
Dubai’s biggest port operator has followed Abu Dhabi in advising that third-party shippers can now move cargo to and from Qatar, seemingly easing restrictions in place for nearly two years.
Qatari-flagged ships and vessels with Qatari owners are still prohibited, DP World Ltd., which runs the Jebel Ali port, said in a circular dated Feb. 21. Other vessels coming from or traveling to Qatar and ships carrying cargo between Qatar and the United Arab Emirates are not barred. Abu Dhabi Ports issued a similar statement to shippers on Feb. 12.
The U.A.E., Saudi Arabia, Bahrain and Egypt cut diplomatic and trade links with Qatar in 2017, accusing the gas-rich country of maintaining close ties with Iran and supporting terrorism. Qatar denies both charges.
DP World’s position contrasts with the U.A.E.’s Federal Transport Authority denial of any adjustment to the embargo of Qatar. The transport authority, which also released its statement on Feb. 21, said the Abu Dhabi Ports circular was “misinterpreted” and it would issue a clarification to ports. Officials at the FTA haven’t responded to repeated Bloomberg requests for the clarification.
Read: U.A.E. Says Qatar Embargo Stands After Trade Ban Seemed Eased
The circulars “intimate that the restrictions have been slightly eased,” law firm Clyde & Co. said in a note, adding that confusion remains because the FTA has said the embargo on Qatar still stands. “It’s not clear whether Abu Dhabi Port Authority or DP World will issue further circulars to change their position, or indeed whether other ports will follow suit.”
-
News2 months agoAI Security Conference 2025 Hosted by Securado Highlights the Changing Cybersecurity Landscape
-
Insurance1 month agoSupporting Community Wellness: Liva Insurance Sponsors Muscat Marathon 2026 with Free Health Checkups
-
Interviews1 month agoEXCLUSIVE INTERVIEW: TLS Rebranding Marks Strategic Leap Toward Innovation, Sustainability & Growth
-
Insurance1 month agoLiva Insurance Supports Community Wellness Through “Experience Oman – Muscat Marathon 2026”
-
Investment2 weeks agoLalan Inaugurates Its First Overseas Manufacturing Facility, Marking Sri Lanka’s First Investment in SOHAR Freezone
-
Construction3 weeks agoInternational Heavy Equipment hosts Open Day at its Refurbished Facility in Sohar Industrial Area
-
Banking & Finance1 month agoA New Platform for SME Growth: Oman Arab Bank Unveils Tumouhi
-
News3 weeks agoKunooz Oman Holding Partners with Belgian company Etex for Local Gypsum-Based Business Development

You must be logged in to post a comment Login