lavish qatari spending in london refutes claims of inhuman sanctions
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Lavish Qatari spending in London refutes claims of inhuman sanctions

Arab Today, arab today

Arab Today, arab today Lavish Qatari spending in London refutes claims of inhuman sanctions

A bright green Mercedes
London - Arab Today

A bright green Mercedes with Qatari plates revs up outside Harrods, as shoppers from the Gulf state pour into the iconic department store. It is just another day under what the authorities in Doha are insisting to refer to as a “blockade.”
Indeed, the Qatari spending over the summer holidays, seen most notably in London’s poshest areas is in sharp contrast to the image local media is trying to portray as an inhuman, collective punishment of the Qatari people.
As the Eid Al-Adha holiday got under way, there was no shortage of supercars being paraded in the UK capital’s posh Knightsbridge district, home to the Qatar-owned Harrods department store and numerous upmarket boutiques.
That is despite the June 5 move by the Anti-Terror Quartet — Saudi Arabia, the UAE, Egypt and Bahrain — to impose a series of sanctions on Doha over the latter’s alleged support of terror groups.
The quartet views the move as a “boycott” — although Doha interprets it more harshly, as a “blockade” against it.
Yet there were few visible restrictions on moneyed Qataris in Central London over the past few days — with some supercar owners not even perturbed by the area’s parking regulations.
Despite the boycott, spending by Qataris in the UK is actually on the rise, figures obtained exclusively by Arab News show.
According to payments processing company Worldpay, spending in the UK by people with credit and debit cards registered in Qatar rose sharply after the June 5 boycott against the Gulf state.
Total spending in the UK with Qatar-registered cards rose by 6.4 percent in June compared to the year before, the figures show.
And during the week of the Eid Al-Fitr holiday in late June — another popular time for Gulf Arabs to travel — spending on Qatar-registered cards was up by a whopping 49 percent compared to earlier in the month, the Worldpay figures show. Spending using cards registered in Saudi Arabia rose by just 29.1 percent during the same period.
Worldpay said spending by Middle Eastern tourists was “particularly prolific” during the Eid celebrations at the end of June.
James Frost, an executive from the firm, attributed this partly to the slump in the value of the UK pound, as well as the Eid festivities.
“Sterling’s slump is continuing to attract visitors in their droves, safe in the knowledge that their holiday cash will stretch a little further. Eid provides a useful barometer for foreign spending more broadly. The latest figures from this year’s festival point toward a summer spending frenzy from overseas visitors looking to cash in on the weak pound,” he said in July.
Figures for the more recent Eid holiday are not yet available but — if the fleet of Qatar-owned supercars seen on the streets of Knightsbridge is anything to go by — it looks like it is accelerating.
“There are some ridiculous crazy cars,” one parking attendant in the area, who declined to be named due to company policy, told Arab News.
“You don’t even have to see them to know they are around, the noise they make tell you they are here. It’s always busy around the summer, they come here, have some fun and then go home.
“When I dish them out with parking fines they never complain, they just accept it with a smile, they usually have a load of friends with them and they probably don’t want to cause a fuss in front of them.”
Yet there have been numerous complaints from local residents over the supercar-driving tourists from Qatar and other Gulf Arab states that descend on London each summer.
One Knightsbridge resident, who did not wish to be named, told Arab News: “The racket they make is awful, they drive their cars around here and disturb the peace. It can be very annoying at times.”

source:Arab News

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

lavish qatari spending in london refutes claims of inhuman sanctions lavish qatari spending in london refutes claims of inhuman sanctions

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

lavish qatari spending in london refutes claims of inhuman sanctions lavish qatari spending in london refutes claims of inhuman sanctions

 



GMT 07:48 2017 Thursday ,16 March

Ashrawi calls for immediate uncinditional

GMT 10:18 2017 Thursday ,28 September

Westwood aims to topple big names at British Masters

GMT 23:13 2017 Tuesday ,14 November

Australians vote in favour of gay marriage

GMT 23:49 2016 Saturday ,30 April

April 20 - May 20

GMT 02:47 2017 Tuesday ,11 July

Deported saudi blogger faces blasphemy charge

GMT 05:34 2017 Tuesday ,10 October

Frankfurt stock market squares off against London

GMT 22:10 2017 Friday ,31 March

April 20 - May 20

GMT 20:54 2016 Monday ,21 November

Sarkozy Admits Defeat in French Presidential Race

GMT 10:46 2017 Sunday ,26 February

Superstar Ragheb Alama set to perform

GMT 00:45 2017 Thursday ,31 August

Bima clash needs to be investigated independently

GMT 20:03 2015 Saturday ,05 December

30 missing after Caspian Sea oil rig fire

GMT 03:13 2017 Tuesday ,18 April

Militant killed, 2 protestors die in Budgam

GMT 21:24 2017 Friday ,24 February

Sultan bin Khalifa receives President of Tatarstan

GMT 06:15 2017 Monday ,02 October

Death toll rises to 360 in Mexico earthquake
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday