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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

QU honours 276 students

2016-06-30
Qatar University President Dr Hassan Rashid Al Derham presenting certificate to a student. Doha: A total of 276 distinguished students at Qatar University (QU) were celebrated in a ceremony at the Sheraton Grand Doha Resort & Convention Hotel, receiving ...

New bridge at Izghawa Interchange opens

2016-06-30
The bridge acts as a key connection that would enhance traffic flow for motorists coming from Duhail area and the north side of Qatar University. Completing the construction, the Izghawa Interchange also will provide better access to local roads as well as ...

World View: Egypt Calls Qatar an ‘Enemy State’

2016-06-30
Cash stored in vaults as negative interest rates spread UK was locked out of EU summit for first time in 40 years Egypt calls Qatar an ‘enemy state’ As I wrote last week, central banks around the world are committed to “printing money” and making ...

Qatar using 3D printers to find perfect football pitch

2016-06-30
Sport Following concerns over poor quality pitches at Euro 2016, Qatar has employed a high-tech solution to avoid similar criticisms of its World Cup in 2022 – 3D printers and wind tunnels. Scientists at Qatar University, the country's largest higher ...

Qatar oil contract loss raises questions over Maersk Oil's future

2016-06-30
Maersk, which revealed last week it may need to split up its business units, said on Monday it will stop operating the Al Shaheen offshore field when the current agreement expires in July 2017, after losing a bid for renewal. Maersk Oil, which has been ...

Qatar Introduces Hefty Fine for Oil Product Smuggling

2016-06-30
The emir of Qatar, Sheikh Tamim bin Hamad Al Thani, has issued a new law envisaging fines of up to 1 million rials (US$275,000) and a prison sentence of up to 10 years for smuggling oil products. Oil product, in the law, includes everything that is ...

Can a painful deal with Qatar Airways save Meridiana?

2016-06-30
On the surface, Italian airline Meridiana’s deal with Qatar Airways looks awful. According to a statement posted by the Italian government on Wednesday, Meridiana, the trade unions, and the state have agreed that 396 employees – almost one third of the ...

Brotherhood relied on Qatar and Turkey for support, post-30 June on Saudi and UAE

2016-06-30
The helm of international economic relations turned towards Saudi Arabia and the United Arab Emirates (UAE) soon after the ouster of the Muslim Brotherhood regime in Egypt, which had leaned more towards Qatar and Turkey for support. But the route change ...

Clock boy Ahmed Mohamed on life in Qatar, what he's learned about hate

2016-06-29
After a nine-month stay in Qatar, Ahmed Mohamed returned to Texas this week with a deeper appreciation for his religion and a thicker skin. He’s no longer surprised when people recognize him since his arrest at Irving’s MacArthur High School in ...

The Gulf Carrier Dispute: U.S. Carriers Notch A Nice Win

2016-06-30
News that the U.S. Department of State will hold talks next month with the United Arab Emirates and Qatar is, to this longtime observer of U.S. international aviation, a significant victory for American Airlines, Delta Air Lines, and United Airlines.

QU honours 276 students

2016-06-30
Qatar University President Dr Hassan Rashid Al Derham presenting certificate to a student. Doha: A total of 276 distinguished students at Qatar University (QU) were celebrated in a ceremony at the Sheraton Grand Doha Resort & Convention Hotel, receiving ...

World View: Egypt Calls Qatar an ‘Enemy State’

2016-06-30
Cash stored in vaults as negative interest rates spread UK was locked out of EU summit for first time in 40 years Egypt calls Qatar an ‘enemy state’ As I wrote last week, central banks around the world are committed to “printing money” and making ...

MBDA Signs €1B Missile Deal With Qatar

2016-06-29
ROME — European missile producer MBDA has signed a deal worth more than €1 billion to supply Qatar with missiles for new naval vessels it is buying from Italy. The contract, signed by MBDA Italia, covers Exocet MM40 Block 3 anti-ship missiles as well ...

Qatar using 3D printers to find perfect football pitch

2016-06-30
Sport Following concerns over poor quality pitches at Euro 2016, Qatar has employed a high-tech solution to avoid similar criticisms of its World Cup in 2022 – 3D printers and wind tunnels. Scientists at Qatar University, the country's largest higher ...

Goodwood: Qatar funding for racing festival rises to $6.7 million

2016-06-29
(CNN)Glorious Goodwood, which will be held next month at the "world's most beautiful racecourse," just got richer. The pot for the eight key races has increased to $6.72 million -- an increase of $650,000 from last year -- as Qatari investment in British ...

Qatar Introduces Hefty Fine for Oil Product Smuggling

2016-06-30
The emir of Qatar, Sheikh Tamim bin Hamad Al Thani, has issued a new law envisaging fines of up to 1 million rials (US$275,000) and a prison sentence of up to 10 years for smuggling oil products. Oil product, in the law, includes everything that is ...

Brotherhood relied on Qatar and Turkey for support, post-30 June on Saudi and UAE

2016-06-30
The helm of international economic relations turned towards Saudi Arabia and the United Arab Emirates (UAE) soon after the ouster of the Muslim Brotherhood regime in Egypt, which had leaned more towards Qatar and Turkey for support. But the route change ...

Can a painful deal with Qatar Airways save Meridiana?

2016-06-30
On the surface, Italian airline Meridiana’s deal with Qatar Airways looks awful. According to a statement posted by the Italian government on Wednesday, Meridiana, the trade unions, and the state have agreed that 396 employees – almost one third of the ...

Clock boy Ahmed Mohamed on life in Qatar, what he's learned about hate

2016-06-29
After a nine-month stay in Qatar, Ahmed Mohamed returned to Texas this week with a deeper appreciation for his religion and a thicker skin. He’s no longer surprised when people recognize him since his arrest at Irving’s MacArthur High School in ...

No Neutral in the Egypt-Qatar Quarrel

2016-06-30
An Egyptian court this month sentenced former President Mohamed Morsi to life in prison, and ordered the death penalty for two Al Jazeera journalists and four others for leaking state secrets to Qatar. The persistent acrimony between Cairo and Doha – key ...