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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

Qatar Airways Cargo Launches New Freighter Service to the Americas

2017-02-20
Qatar Airways Cargo recently celebrated the commencement of its scheduled Boeing 777 freighter service with a reception at Miami cargo terminal. The twice weekly freighter service departs from Doha via Luxembourg, the cargo carrier’s European hub and ...

TSYS Signs Payments Agreement with ibq

2017-02-20
COLUMBUS, Ga. & DUBAI, United Arab Emirates--(EON: Enhanced Online News)--TSYS (NYSE: TSS) announced today that one of the oldest banks in Qatar, International Bank of Qatar (ibq), has signed an agreement to license TSYS’ future-focused PRIME SM payment ...

Qatar Airways, Shangri-La host trade event in Riyadh

2017-02-20
QATAR Airways was joined by Shangri-La Hotels and Resorts at a recent industry event in Riyadh, demonstrating how accessible luxury travel to the Far East and Europe is to travellers from the Kingdom of Saudi Arabia. With 140 flights a week from eight ...

Qatargas opens Laffan Refinery 2

2017-02-20
Qatargas, a global leading LNG company has inaugurated Laffan Refinery 2 in Ras Laffan Industrial City, effectively doubling Qatar’s condensate refining capacity to 292,000 barrels per day. Inaugurated by Sheikh Tamim bin Hamad Al-Thani, the Emir of the ...

Interesting: Qatar Airways Is Leasing A350s From LATAM

2017-02-20
Qatar Airways was the first ever airline to fly the A350. I was lucky enough to attend their A350 delivery ceremony in Toulouse a couple of years ago. Qatar Airways has had some delays with taking delivery of further A350s, and for that matter, has ...

Rugby moving forward in Qatar, team working well: QRF’s al-Sherawi

2017-02-20
Rugby in Qatar has seen a fillip in the last year or so. The local Sevens league has seen increased interest, not only from the players but also from the audiences. The Qatar Sevens team impressed many in Dubai 7s. Qatar played host to Asian Division III ...

Qatar's Lekhwiya hit groove in Doha

2017-02-20
Doha (AFP) - Moroccan international Youssef al-Arabi registered a brace as Qatar giants Lekhwiya downed UAE’s Al Jazira 3-0 on the opening day of the Asian Champions League on Monday. Lekhwiya, who lately have experienced a slight slump in form in the ...

Qatar Airways looking at potential Indian carriers for collaboration

2017-02-20
NEW DELHI: Qatar Airways, which is interested in partnering with Indian carrier for expanding its air operations to India is looking at potential Indian carriers for collaboration, as it is eyeing to tap India’s civil aviation space. Sources said the ...

‘Nour, A Girl of the Desert’ – a celebration of Qatari identity with its music

2017-02-20
Syrian violinist and composer Alyamani, the founder of MAqam Ensemble, has composed the music, which will be performed by him and other musicians of the Qatar Philharmonic Orchestra (QPO). Alyamani’s music uses Qatari-oriental melodies to celebrate ...

The Christian migrants building Qatar’s football stadiums

2017-02-20
Ten white plastic chairs are arranged in a circle on the roof terrace of a four-storey apartment block housing hundreds of Asian labourers. This is a part of Qatar where tourists never come – Doha’s Industrial Zone, where all the hard groundwork is ...

Qatar Airways Cargo Launches New Freighter Service to the Americas

2017-02-20
Qatar Airways Cargo recently celebrated the commencement of its scheduled Boeing 777 freighter service with a reception at Miami cargo terminal. The twice weekly freighter service departs from Doha via Luxembourg, the cargo carrier’s European hub and ...

Qatar's Lekhwiya hit groove in Doha

2017-02-20
Doha (AFP) - Moroccan international Youssef al-Arabi registered a brace as Qatar giants Lekhwiya downed UAE’s Al Jazira 3-0 on the opening day of the Asian Champions League on Monday. Lekhwiya, who lately have experienced a slight slump in form in the ...

Qatar Airways joins in Al-Janadriya Festival

2017-02-20
QATAR Airways gave the visitors of Al-Janadriyah, The National Festival for Heritage and Culture in Riyadh, Saudi Arabia, a taste of its renowned hospitality at its stand in the festival’s Qatar wing, in coordination with the Embassy of Qatar, and ...

Rugby moving forward in Qatar, team working well: QRF’s al-Sherawi

2017-02-20
Rugby in Qatar has seen a fillip in the last year or so. The local Sevens league has seen increased interest, not only from the players but also from the audiences. The Qatar Sevens team impressed many in Dubai 7s. Qatar played host to Asian Division III ...

Interesting: Qatar Airways Is Leasing A350s From LATAM

2017-02-20
Qatar Airways was the first ever airline to fly the A350. I was lucky enough to attend their A350 delivery ceremony in Toulouse a couple of years ago. Qatar Airways has had some delays with taking delivery of further A350s, and for that matter, has ...

Indian man trapped & tortured in Qatar freed

2017-02-20
HYDERABAD: A 24-year-old Indian, who was stripped and whipped by his employer with a hunter rope in Qatar has been rescued. He has returned to India. After TOI report on UP resident, Parvez Ahamad's trauma on January 27, the ministry of external affairs ...

The Christian migrants building Qatar’s football stadiums

2017-02-20
Ten white plastic chairs are arranged in a circle on the roof terrace of a four-storey apartment block housing hundreds of Asian labourers. This is a part of Qatar where tourists never come – Doha’s Industrial Zone, where all the hard groundwork is ...

Qatar Airways looking at potential Indian carriers for collaboration

2017-02-20
NEW DELHI: Qatar Airways, which is interested in partnering with Indian carrier for expanding its air operations to India is looking at potential Indian carriers for collaboration, as it is eyeing to tap India’s civil aviation space. Sources said the ...

Qatar Airways Leases A350s

2017-02-19
Qatar Airways will be leasing LATAM Brazil’s A350s for the near future. According to Airlineroute, the company will be deploying the A350s for their Munich flights. The airline will start off with one of the two daily flights. By the start of April, the ...

Qatar Airways’ in-flight entertainment system, Oryx One recognised at Aircraft Interiors Middle East awards

2017-02-20
DOHA, Qatar, 2017-Feb-20 — /Travel PR News/ — Qatar Airways was recognised for content innovation at the fourth annual in-flight workshop and awards at Aircraft Interiors Middle East, held in partnership with F&E Aerospace. The award recognises the ...