Tamim bin Hamad Al Thani had just turned 15 years old the summer his father overthrew his grandfather. It was June 1995. While Sheikh Khalifa bin Hamad Al Thani, the emir of Qatar, was traveling in Switzerland, Tamim’s father deposed him in a bloodless coup.
Qatari commercial banks will be required to transfer accounts from their Islamic divisions into a portfolio to be held by the central bank until they mature, under a rule separating the two kinds of finance.
United Arab Emirates Foreign Minister Sheikh Abdullah bin Zayed Al-Nahyan said Canada has banned its government officials from flying on U.A.E. air carriers, calling the action an “escalation” of a dispute between the countries over landing rights for commercial flights.