Qatar Islamic Bank
Banking shares were buoyant in Saudi Arabia on Thursday morning while blue chips helped lift Dubai slightly.
Being heavily dependent on foreign funds, the Qatari banking system was the first sector to be negatively influenced with some Gulf firms and individuals.
A wrap-up for the most prominent news circulated during the day.
Qatar Islamic Bank (QIB) was hit by a 6.9 billion riyals ($1.9 billion) deposit outflow in the second quarter, which analysts said could be linked to Qatar's rift with Saudi Arabia.
