HELPing hand

Gulf central banks take steps to guard against credit defaults

The move is aimed at easing immediate liquidity stress as companies face delayed shipments, weaker demand and rising costs for insurance, financing

KARIM JAAFAR/AFP via Getty Images

Qatar Islamic Bank in Doha

Gulf states are moving to protect their economies from a war-driven credit squeeze, as central banks in Qatar, the UAE and Kuwait roll out measures to keep loans flowing and prevent a broader financial shock. 

Qatar’s central bank...