>> A simmering regional dispute boiling over Monday. Saudi Arabia joining Egypt, the United Arabs Emirates and Bahrain in severing their ties with Qatar. Accusing their neighbor of supporting terrorism and Iran, and meddling in their internal affairs. Yemen, the Maldives, and Libya's eastern based government quickly following suit. Reopening a festering wound just two weeks after US President, Donald Trump, met Muslim leaders Riyadh and took a hawkish line on Iran.
Reuters' correspondent in Dubai Sylvia Westall explains.>> The developments today are serious. They are probably the most serious breach in the GCC for a generation. They include travel restrictions, restrictions on diplomatic activity. And are likely to affect Qatar's economy.>> The three gulf states giving Qatari visitors and residents two weeks to leave.
Air travel in the region facing major disruption. Etihad, Emirates, Qatar Airways, and Air Arabia, all plan to suspend flights. Saudi Arabia also shutting the local office of Qatar state-owned satellite channel, Al Jazeera, which it accuses of broadcasting militant ideology. Qatar denying Riyadh's accusations that it backs militants linked to Shiite Iran.
And also the Sunni Muslim Brotherhood, Islamic State, and Al-Qaeda.>> Is going to take some serious mediation efforts by countries possibly like Oman or Kuwait, or other countries perhaps even the United States to try and heal this rift between the GCC countries. There seems to be very little that Qatar can do resist the pressure that's coming from other GCC counties now.
>> The diplomatic rift could cost the region billions, slowing trade and investment and making it more expensive to borrow money. The closure of land and air borders could also wreak havoc on the timeline and delivery of the 2022 FIFA World cup to be staged in Doha.