People walk on the corniche of the Qatari capital Doha on July 2, 2017. / AFP / STR
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Qatar is considering raising at least $9 billion from international bond markets as the gas-rich nation boycotted by its neighbors seeks to replenish state coffers, people familiar with the matter said.Saudi Arabia, the United Arab Emirates, Bahrain and Egypt cut diplomatic relations and closed transport routes with Qatar on June 5, accusing it of funding terrorism, a charge it denies. Some banks in those countries have since cut their exposure to Qatar.Qatar is said to be telling its banks to tap international investors to raise financing, instead of mainly relying on government funding.
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