Four Arab states which accuse Qatar of supporting terrorism agreed to extend until late on Tuesday a deadline for Doha to comply with a list of demands.
Saudi Arabia, Bahrain, Egypt and the United Arab Emirates (UAE) have raised the possibility of further sanctions against Qatar if it does not comply with the 13 demands presented to Doha through Kuwait, which is acting as a mediator.
According to a joint statement on Saudi state news agency SPA, the four countries agreed to a request by Kuwait to extend by 48 hours Sunday’s deadline for compliance.
They have not specified what further sanctions they could impose on Doha, but commercial bankers in the region believe that Saudi, Emirati and Bahraini banks might receive official guidance to pull deposits and interbank loans from Qatar.
Foreign ministers from the four countries will meet in Cairo on Wednesday to discuss Qatar, Egypt said, while Kuwaiti state media reported that Qatari foreign minister Sheikh Mohammed bin Abdulrahman al-Thani had submitted to Kuwait Doha’s formal response to the Arab states’ demands.