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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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8 Qatar schools receive prestigious ECO-Schools Programme Awards from Doha Bank

  Annual programme aims at encouraging students and schools across Qatar to contribute to environmental protection

  Doha Bank launches new ECO-Schools logo to better reflect programme objectives



DOHA BANK CEO HONOURED WITH "GREEN ECONOMY VISIONARY AWARD" AT UAB SUMMIT





MYTHS BY AMOUAGE




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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

Boeing Said Nearing $6.7 Billion Qatar Air Deal for 787, 777

2016-09-29
Boeing Co. is nearing an agreement with Qatar’s flagship airline for a multibillion-dollar commercial jet order, following U.S. approval of a long-stalled sale of F-15 fighter jets to the Persian Gulf nation. Qatar Airways is in late-stage talks to ...

BA, Qatar Airways Sign Business Agreement

2016-09-29
Qatar Airways has emerged as the launch customer for the GlobalBeacon flight tracking solution produced through a partnership between Aireon and FlightAware. Qatar Airways has announced that it will be the launch customer of GlobalBeacon, a tracking ...

Qatar Airways, BA parent IAG set up revenue-sharing deal

2016-09-29
All non-stop flights operated by BA and Qatar between the United Kingdom and Doha will be code-shared, meaning both airlines can sell tickets. British Airways parent IAG SA and its largest shareholder Qatar Airways agreed to set up a joint business that ...

Boeing nears wide-body jet sale to Qatar Airways: sources

2016-09-29
Boeing Co (BA.N) is close to clinching a large sale of widebody jetliners to Qatar Airways, a deal that moved closer with the recent U.S. approval of Boeing fighter jet sales to the Gulf nation, according to two people familiar with the situation.

Indian worker's suicide in Qatar raises concern over stranded migrants

2016-09-29
Scaffolder Ajaya Behara, 44, hanged himself in the basement of the Doha Exhibition and Convention Center on September 7, weeks after asking his employer to pay outstanding wages and renew his expired visa, according to his family and co-workers. Behara's ...

Mall of Qatar, country’s retail sector’s latest heavyweight.

2016-09-28
Recently we talked about the best malls in Qatar, the list included some of the most well-known malls of the country such as Villaggio and the City Centre malls. However, a new-mall is all set to open later this year and if the hype is true it is going to ...

Boeing nears wide-body jet sale to Qatar Airways: Bloomberg

2016-09-29
Qatar Airways is in late-stage talks to buy at least 30 Boeing Co (BA.N) wide-body jets, valued at more than $6.7 billion at list prices, Bloomberg reported, citing people familiar with the matter. The order, which follows the U.S. approval of a long ...

Qatar Private schools criticized for imposing school uniforms on students

2016-09-29
The Childhood Cultural Center (CCC), a member of the Qatar Foundation has called on the intervention of higher authorities as many private schools in Doha are imposing their uniform on Qatari students. The CCC has asked for the private schools to perform ...

Qatar’s Education Ministry denies banning abayas in schools

2016-09-29
Contrary to rumors on social media, female teachers are not banned from wearing the abaya in local girls’ schools, Qatar’s education ministry has said. Instead, schools can set their own rules for staff as long as they dress modestly, the Ministry of ...

Consolidation Mania September 2016

2016-09-29
We have seen IAG (British Airways and Iberia’s parent company) purchase Aer Lingus, and then they be in turn purchased (in part) by Qatar Airways. Etihad has gone on a shopping spree and has bits and pieces of airlines throughout the world. Qatar in the ...

Boeing Said Nearing $6.7 Billion Qatar Air Deal for 787, 777

2016-09-29
Boeing Co. is nearing an agreement with Qatar’s flagship airline for a multibillion-dollar commercial jet order, following U.S. approval of a long-stalled sale of F-15 fighter jets to the Persian Gulf nation. Qatar Airways is in late-stage talks to ...

Qatar Airways, British Air parent set up revenue-sharing deal

2016-09-29
A link has been posted to your Facebook feed. DUBAI, United Arab Emirates (AP) — Qatar Airways and the parent of British Airways are setting up a revenue-sharing business partnership. Qatar Airways and BA parent International Airlines Group announced the ...

Boeing nears wide-body jet sale to Qatar Airways: sources

2016-09-29
Boeing Co (BA.N) is close to clinching a large sale of widebody jetliners to Qatar Airways, a deal that moved closer with the recent U.S. approval of Boeing fighter jet sales to the Gulf nation, according to two people familiar with the situation.

Indian worker's suicide in Qatar raises concern over stranded migrants

2016-09-29
Scaffolder Ajaya Behara, 44, hanged himself in the basement of the Doha Exhibition and Convention Center on September 7, weeks after asking his employer to pay outstanding wages and renew his expired visa, according to his family and co-workers. Behara's ...

Qatar Private schools criticized for imposing school uniforms on students

2016-09-29
The Childhood Cultural Center (CCC), a member of the Qatar Foundation has called on the intervention of higher authorities as many private schools in Doha are imposing their uniform on Qatari students. The CCC has asked for the private schools to perform ...

Deutsche Bank Needs To Show Strength, But Why Would It Need To Turn To Qatar?

2016-09-29
According to Gadfly's Lionel Laurent, Deutsche Bank AG (NYSE: DB) needs to demonstrate a "show of strength" to the market and a visit with Qatar's royal family could accomplish such. Laurent noted that Qatar's royal family is Deutsche Bank's largest active ...

Qatar sets ambitious 2030 'green buildings' target

2016-09-29
Qatar has set an ambitious target to develop the highest number of ‘green or carbon-neutral’ buildings across the Middle East and North Africa (Mena) region by 2030, said a report. The move comes in line with the country's strategic plan to reduce ...

Qatar’s Education Ministry denies banning abayas in schools

2016-09-29
Contrary to rumors on social media, female teachers are not banned from wearing the abaya in local girls’ schools, Qatar’s education ministry has said. Instead, schools can set their own rules for staff as long as they dress modestly, the Ministry of ...

Qatar posts 30% jump in trade surplus to QR8.69bn in August

2016-09-29
A relatively higher prices for hydrocarbons helped Qatar report a robust 30% expansion month-on-month (m-o-m) in trade surplus to QR8.69bn in August, according to official figures. Higher values for its exports of crude, non-crude and natural gas were ...

Qatar Airways, BA parent IAG set up revenue-sharing deal

2016-09-29
All non-stop flights operated by BA and Qatar between the United Kingdom and Doha will be code-shared, meaning both airlines can sell tickets. British Airways parent IAG SA and its largest shareholder Qatar Airways agreed to set up a joint business that ...