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* Aura Hospitality & Food Services opens Remman Café in the heart of West Bay to deliver authentic Lebanese food 24/7 *


     The global market is far more competitive these days, and 2014 saw a dramatic decline in oil prices, which continued into 2015. In March 2015 Brent Crude was retailing at $57 per barrel. Behind this is a global oversupply – Bloomberg reported that the UAE and Qatar estimated this to be in the region of 2m barrels per day (bpd) in mid-January 2015. This is primarily the result of surging US output, which was at a three-decade high. However, this output seems likely to taper off, as falling prices make some of the fracking on which US production is based no longer economically feasible. Furthermore, in 2014 Washington decided to allow exports of condensates for the first time – oil exports having been banned since the 1970s oil crisis. Thus, the global condensates market is also seeing a major supply surge, with press reports suggesting that the US could add up to 1m bpd of these light oils to the export market during the next 10 years. This is particularly relevant to Qatar, as condensates have come to represent a larger proportion of the state’s output than crude.

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Latest News

The Resolutions of the Ordinary General Assembly of the Shareholders

       H.E. Sheikh Fahad Bin Mohammad Bin Jabor Al-Thani, Chairman of Doha Bank, announced that the Ordinary General Assembly of the Shareholders in its meeting held on 10/5/2016 has unanimously agreed for Doha Bank to:

     1. Issue Certificate of Deposits (CD) program whose main components would be as follows:

   ü The Bank will issue Certificate of Deposits (CD) either through an SPV guaranteed by the Bank or directly by the Bank as part of its     product suite.
   ü The program size would be up to USD 3.0 Billion.
   ü The total minimum amount per certificate will be USD 1.0 Million or equivalent and maximum USD 1.0 Billion or equivalent.
_______________

 






Qatar Doha News News

To Help Settle Qatar Feud, U.S. Needs to Understand It

2018-02-21
Meanwhile, the boycott goes on, with the Trump administration caught in the middle of what Washington conventional wisdom has come to regard as a petty spat between rival desert chieftains. The clumsy diplomatic balancing act is unlikely to succeed because ...

Bringing Qatar into the fold

2018-02-21
There are not too many Orthodox Jews who have been to both the United Arab Emirates and Qatar, let alone been welcomed as a guest of the government in both Persian Gulf States. I received criticism for visiting Qatar, as have other American Jewish leaders ...

Qatar and Chad restore relations, first since blockade

2018-02-21
Qatar and Chad have signed a Memorandum of Understanding (MoU) resuming diplomatic relations between the two countries, Qatar's foreign minister has said. Relations were severed in August after the start of a Saudi-led blockade against Qatar. The ...

Qatar Airways targets expansion strategy to ‘defeat’ regional blockade

2018-02-21
Qatar's flagship airline is embarking on a strategy of expansion in part to counter losses borne by the regional embargo imposed on it in 2017. Airbus delivered its first A350-1000 jet to Qatar Airways on Tuesday, which will allow it to offer longer ...

Is Qatar's Qsuite business class about to get a little less private?

2018-02-21
Earn 100,000 bonus Qantas Points when you apply online by 9 April 2018, are approved and spend $3,000 on your new Card within the first 3 months of Card membership. Receive $450 Qantas Travel Credit each year. T&Cs. Click here to apply. Qatar will lop a ...

Qatar Airways celebrates the touchdown of the world’s first A350-1000 at its home and hub in Doha

2018-02-21
State-of-the-art aircraft arrives in Qatar to commence commercial operations National carrier of the State of Qatar is the global launch customer for the world’s most advanced passenger aircraft featuring the revolutionary Qsuite Business Class seat DOHA ...

Qatar Airways Gets World’s First Airbus A350-1000

2018-02-21
Qatar Airways celebrated the delivery of the world’s first Airbus A350-1000 to Qatar as the aircraft’s global launch customer before an audience of international media at the Airbus Delivery Centre in Toulouse, France. The Airbus is the first aircraft ...

Philippines delegation to visit Kuwait, Qatar, Saudi to demand worker protection

2018-02-21
A delegation from the Philippines is due to visit Kuwait, Saudi Arabia and Qatar to urge the three countries to adopt labour reforms, according to reports. The visit comes following the Philippines’ decision to reinforce a ban on its workers from being ...

Qatar Coast Guard’s first 48-meter patrol boat completes sea trials

2018-02-21
Turkish shipbuilder ARES has completed sea trials for the first of two 48-meter patrol boats designed and built for the Qatar Coast Guard. The vessels were designed by UK-based BMT who have partnered with ARES Shipyard (ARES) to design and build 17 patrol ...

Boteach should focus on changing Qatar, not on attacking Jewish efforts to do so

2018-02-21
I am deeply disappointed by my friend Rabbi Shmuley Boteach’s repeated vitriolic, distorted attacks on dedicated pro-Israel Jewish leaders who met with Qatari officials and the Qatari emir to urge changes in Qatari and Al Jazeera policies, for the ...

To Help Settle Qatar Feud, U.S. Needs to Understand It

2018-02-21
Meanwhile, the boycott goes on, with the Trump administration caught in the middle of what Washington conventional wisdom has come to regard as a petty spat between rival desert chieftains. The clumsy diplomatic balancing act is unlikely to succeed because ...

Qatar and Chad restore relations, first since blockade

2018-02-21
Qatar and Chad have signed a Memorandum of Understanding (MoU) resuming diplomatic relations between the two countries, Qatar's foreign minister has said. Relations were severed in August after the start of a Saudi-led blockade against Qatar. The ...

BRIEF-Qatar Islamic Bank Shareholders Renew, Increase Sukuk Limit

2018-02-21
Feb 22 (Reuters) - QATAR ISLAMIC BANK QPSC: * SHAREHOLDERS APPROVES TO RENEW 7.5 BILLION RIYALS LIMIT FOR ADDITIONAL TIER 1 PERPETUAL SUKUK OF WHICH 4 BILLION RIYALS IS UTILIZED‍ * SHAREHOLDERS APPROVES TO INCREASE LIMIT OF QIB SUKUK PROGRAM IN USD TO ...

Qatar Airways targets expansion strategy to ‘defeat’ regional blockade

2018-02-21
Qatar's flagship airline is embarking on a strategy of expansion in part to counter losses borne by the regional embargo imposed on it in 2017. Airbus delivered its first A350-1000 jet to Qatar Airways on Tuesday, which will allow it to offer longer ...

Bringing Qatar into the fold

2018-02-21
There are not too many Orthodox Jews who have been to both the United Arab Emirates and Qatar, let alone been welcomed as a guest of the government in both Persian Gulf States. I received criticism for visiting Qatar, as have other American Jewish leaders ...

Julian Suri confident heading into Qatar Masters

2018-02-21
DOHA, Qatar - Having flirted with the lead in two PGA Tour events this year, Julian Suri is full of confidence entering the Qatar Masters starting Thursday. The 26-year-old American started 2017 on the European Challenge Tour but graduated to the main tour ...

Is Qatar's Qsuite business class about to get a little less private?

2018-02-21
Earn 100,000 bonus Qantas Points when you apply online by 9 April 2018, are approved and spend $3,000 on your new Card within the first 3 months of Card membership. Receive $450 Qantas Travel Credit each year. T&Cs. Click here to apply. Qatar will lop a ...

Philippines delegation to visit Kuwait, Qatar, Saudi to demand worker protection

2018-02-21
A delegation from the Philippines is due to visit Kuwait, Saudi Arabia and Qatar to urge the three countries to adopt labour reforms, according to reports. The visit comes following the Philippines’ decision to reinforce a ban on its workers from being ...

Doha Cables wins $337m Qatar supply contract

2018-02-21
Doha Cables has been awarded a two-year contract worth QR1.24 billion ($337 million) by Qatar General Electricity and Water Corporation (Kahramaa) for supply of low- and medium-voltage electric cables. As per the deal, the Qatari firm will supply six types ...

Qatar Just Unveiled the First A350-1000 — and It Could Put an End to Your In-flight Pet Peeves

2018-02-21
Qatar Airways added Airbus’s first A350-1000 aircraft to its fleet on Tuesday. The aircraft is also the first Airbus to feature Qatar’s Qsuites business class (it’s the 16th plane overall to have the suites). The plane has a capacity of 327 ...