Egypt to end visa-free entry for Qataris - Reuters

Eren Sengezer FXStreet

"Egypt will end visa-free entry for Qatari nationals with some exceptions, the Egyptian Foreign Ministry said on Monday," Reuters reported.

Key quotes (via Reuters):

Qatari nationals will now have to apply for a visa in order to enter Egypt
It does not make sense to keep making exceptions for Qatar and giving it privileges in light of its current positions
Saudi Arabia, the United Arab Emirates, Bahrain and Egypt imposed sanctions on Qatar on June 5, cutting diplomatic and transport ties with the tiny Gulf monarchy, after accusing it of financing militant groups and allying with their regional arch-foe Iran. Doha denies the accusations

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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