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Stock impact report

New tourist visa to give Americans longer access to this once-closed country [TheStreet.com]

TURK HAVA YOLLAR UNSP/ADR (TKHVY) 
NASDAQ:AMEX Investor Relations: investor.turkishairlines.com/en
Company Research Source: TheStreet.com
While Qatar once had a strict tourist visa policy similar to fellow Gulf nations like Bahrain and Saudi Arabia, the oil-rich nation has spent the last decade trying to promote itself as a tourist destination amid the success of nearby UAE cities such as Dubai and Abu Dhabi. In 2016, Qatar introduced a transit visa for those who wanted to visit the country on a short stopover that was eventually expanded to visa-upon-arrival for holders of certain passports. After the number of stopover visitors spiked by nearly 40% in one year, Qatar opened up visa-free access from just nearby Arab nations to more Western citizens. For the last few years, American citizens could visit the capital of Doha and other parts of Qatar for up to 30 days without a visa — a period that, as of Oct. 1, has been extended to match the 90 days they currently get in many European and Asian countries. While less popular than the United Arab Emirates as a tourist destination, Qatar is an extremely wealthy country Show less Read more
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