Saudi Arabia, the United Arab Emirates, Egypt and Bahrain cut off ties with 2022 FIFA World Cup host Qatar on June 5, restricting access to their airspace and ports and sealing Qatar's only land border, which it shares with Saudi Arabia.
They issued a 13-point list of demands to end the standoff June 22 and gave the natural gas-rich country 10 days to comply.
"The response of the four states will then be sent following the study of the Qatari government's response and assessment of its response to the whole demands," the statement said.
The four nations cut ties to Qatar over allegations it supports extremists and over worries it maintains too-close ties to Shiite power Iran. Qatar long has denied sponsoring militants and maintains ties to Iran as it shares a massive offshore natural gas field with the country.
Qatar's main QE stock index lost more than 3 per cent when it reopened yesterday following a weeklong hiatus for the Eid al-Fitr holiday break its first session since the demands were laid out. It eventually recovered some of its losses later in the trading session to close down 2.3 per cent at 8,822.15.
Abdelaziz al-Yafaei, a Qatari out for an evening walk along the city's bayside, said he was reassured that things would be fine, regardless of what happens over the course of the next days.
"We have a government, thank God, that is wise and knows how to provide for all of our needs, how to maintain security," he said. "We have enough funds in the country, on the economic side. All of the affairs are headed for the better."
While in Rome, Al Thani met with Italian Foreign Minister Angelino Alfano, who gave his backing to ongoing mediation efforts led by Kuwait. US Secretary of State Rex Tillerson has also tried to resolve the dispute, with the US last week urging Saudi Arabia and its allies to stay "open to negotiation" with Qatar.
Russian President Vladimir Putin has separately spoken with the leaders of Qatar and Bahrain, urging direct dialogue among all the states involved, according to statements released by the Kremlin on Saturday.
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