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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

Members of Congress push for US to take tougher line on Qatar

2017-11-21
(CNN)Member of Congress are calling on the Trump administration to take a tougher line against Qatar, accusing the small Persian Gulf nation of supporting the Palestinian militant group Hamas. A bipartisan group of representatives sent a letter to Treasury ...

Countdown to Qatar 2022: Five points

2017-11-21
Football fans are slowly coming to terms with the idea of a World Cup landing in the middle of many domestic league seasons and not all of them are happy. Qatar's tournament will start on November 21 and finish on December 18 so as to avoid the country's ...

FIFA On Trial: Qatar’s World Cup Back In The Firing Line

2017-11-20
Testimony of a star witness in a New York courtroom has revealed new allegations of Qatari wrongdoing in its successful bid for the 2022 World Cup hosting rights. The allegations by Alejandro Burzaco, the former head of Argentine sports marketing company ...

Xavi: I want to make Qatar competitive at World Cup 2022

2017-11-21
A day after Hassan Al Thawadi, the Secretary General of the Qatar’s Supreme Committee for Delivery and Legacy (SC), called for Xavi Hernandez to be the national coach of Qatar, the Al Sadd midfielder stated that he would like to help Qatar in any way ...

Qatar stresses peaceful use of nuclear power

2017-11-21
Qatar reaffirmed that the peaceful uses of nuclear energy are the key to achieving development, promoting rapprochement among peoples and building a safer world for everyone. Making a statement before the International Atomic Energy Agency’s (IAEA ...

Qatar Airways Really Is Subsidized… By The U.S.

2017-11-20
Delta — along with to a modestly lesser extent United and American — have spent the past two and a half years arguing that the federal government should take money from US consumers and redistribute it to their shareholders because the largest and most ...

Qatar Chamber signs MoU with Saint Vincent counterpart

2017-11-21
Qatar Chamber and Saint Vincent and The Grenadines Chamber of Industry and Commerce have signed a memorandum of understanding (MoU) to enhance co-operation and exchange of information and meetings between the two sides. The MoU was signed on the sidelines ...

FIFA World Cup 2022 in Qatar: All you need to know about the labourers

2017-11-20
November 20, 2017 9:53pm EST November 20, 2017 9:52pm EST The working conditions at Qatar's stadium construction sites have been called into question but they have now taken steps to address them... Updated at 9:53 p.m. ET Updated at 9:53 p.m. ET Qatar ...

Qatar warns of 'dark ages' in the Middle East

2017-11-20
Warning of "dark ages" in the Middle East, Qatar's foreign minister on Monday accused its neighbours of perpetuating "drama and discord" as part of a "dangerous game of power". "Regional players are acting irresponsibly, taking a political gamble with the ...

Hassan Al Thawadi: Qatar’s World Cup cooling technology now used in agriculture

2017-11-20
Hassan Al Thawadi, the Secretary General of the Qatar’s Supreme Committee for Delivery and Legacy (SC), informed that the cooling technology’s benefits isn’t primarily restricted to being utilized at the World Cup stadiums. In cooling technology, the ...

Countdown to Qatar 2022: Five points

2017-11-21
Football fans are slowly coming to terms with the idea of a World Cup landing in the middle of many domestic league seasons and not all of them are happy. Qatar's tournament will start on November 21 and finish on December 18 so as to avoid the country's ...

Members of Congress push for US to take tougher line on Qatar

2017-11-21
(CNN)Member of Congress are calling on the Trump administration to take a tougher line against Qatar, accusing the small Persian Gulf nation of supporting the Palestinian militant group Hamas. A bipartisan group of representatives sent a letter to Treasury ...

Xavi: I want to make Qatar competitive at World Cup 2022

2017-11-21
A day after Hassan Al Thawadi, the Secretary General of the Qatar’s Supreme Committee for Delivery and Legacy (SC), called for Xavi Hernandez to be the national coach of Qatar, the Al Sadd midfielder stated that he would like to help Qatar in any way ...

Five years to go until Qatar 2022: What we know so far

2017-11-21
Qatar's World Cup preparations have veered from controversy to controversy over the past four years. With another five to go until the first ball is kicked, we take a look at one of football's most complex sagas. It’s five years until Qatar hosts the ...

FIFA World Cup 2022 in Qatar: All you need to know about the labourers

2017-11-20
November 20, 2017 9:53pm EST November 20, 2017 9:52pm EST The working conditions at Qatar's stadium construction sites have been called into question but they have now taken steps to address them... Updated at 9:53 p.m. ET Updated at 9:53 p.m. ET Qatar ...

FIFA On Trial: Qatar’s World Cup Back In The Firing Line

2017-11-20
Testimony of a star witness in a New York courtroom has revealed new allegations of Qatari wrongdoing in its successful bid for the 2022 World Cup hosting rights. The allegations by Alejandro Burzaco, the former head of Argentine sports marketing company ...

Qatar stresses peaceful use of nuclear power

2017-11-21
Qatar reaffirmed that the peaceful uses of nuclear energy are the key to achieving development, promoting rapprochement among peoples and building a safer world for everyone. Making a statement before the International Atomic Energy Agency’s (IAEA ...

Qatar stock exchange CEO says shock of sanctions has passed

2017-11-20
DOHA, Nov 21 (Reuters) - The Qatar Stock Exchange has passed the shock of the sanctions imposed on Doha by other Arab states and is now operating normally, the exchange’s chief executive Rashid Ali al-Mansoori said on Tuesday. Over 100 new foreign funds ...

Qatar's Ooredoo Is Said to Plan Bid for Turk Telekom Owner

2017-11-20
Qatari phone carrier Ooredoo QSC decided to bid for the insolvent owner of Turkey’s biggest telecommunications company to rival an offer from Saudi Telecom Co., three people with knowledge of the matter said. Ooredoo will seek to acquire Ojer ...

No regrets over hosting World Cup, says Qatar 2022 chief

2017-11-20
Doha (AFP) - Qatar's most senior World Cup official said Monday there were no regrets in bidding for the 2022 tournament, despite the "abuse" he claims the country has received since being chosen as host. Speaking at a press conference to mark the eve of ...