In a move that could further weaken relations between Qatar and Arab countries, the Qatar government said that it will be forming a committee to look into compensation that can be demanded from Arab countries.
A quartet of Arab countries suspended their diplomatic relations with Qatar last month, and are due to meet in Cairo on Wednesday after Doha rejected a list of 13 demands, missing an extended deadline.
Its foreign minister, Sigmar Gabriel, this week visited Saudi Arabia, Qatar and Kuwait, the mediator in the feud.
He was met late on Saturday by Qatar's Foreign Minister Sheikh Mohammed bin Abdulrahman Al Thani at Al Bahr palace in Doha.
The official said Qatar is willing to cooperate with mediation efforts "and review all claims that do not contradict with the sovereignty of the State of Qatar".
"We have sovereign wealth funds of 250 per cent of gross domestic product, we have Qatar Central Bank reserves, and we have a ministry of finance strategic reserve", the country's finance minister Ali Sharif al-Emadi told The Times.
Al-Marri said that the decision to pursue compensation for damages was not tied to current state of negotiations between Qatar and the blockading countries. "The demands of the four countries were that Qatar would comply with the Riyadh agreement signed by Qatar in 2013 and 2014 to overcome the crisis".
They also ordered Qatari citizens to leave their territories and took various steps against Qatari firms and financial institutions.
According to the CNN, Shoukry said Qatar's support to the radical organisations helped it to reinforce a wider range of extremism that led to violence against minorities in Egypt and terrorism in Europe.
The unprecedented crisis in the Persian Gulf region unfolded on June 5, when Saudi Arabia, Bahrain, the United Arab Emirates and Egypt severed ties with Qatar, officially accusing Doha of supporting "terrorism" and destabilizing the Middle East, allegations that Qatar says are unjustified and stem from false claims and assumptions.
Eager to use any global legal means at their disposal to navigate the blockade imposed against it, Qatar views UNESCO as the ideal body to handle the complaints.
British Foreign Minister Boris Johnson on Saturday urged Arab states to end their Qatar boycott, downplaying the odds of a military escalation in the worst crisis to grip the Gulf in years.
U.S. Secretary of State Rex Tillerson will travel to Kuwait on Monday on a similar mission.