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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: UN should play a role in resolving Gulf crisis

2017-07-27
Qatar's foreign minister said Saudi Arabia, Egypt, UAE and Bahrain are showing 'stubbornness' [File: Gregorio Borgia/AP] Qatar's foreign minister called on Thursday for the United Nations to help resolve the Gulf crisis and accused the four Arab countries ...

Qatar hired a firm founded by Trump's former campaign manager and looks like it wants to challenge Saudi Arabia in Washington

2017-07-27
Secretary of State Rex Tillerson shakes hands with ‎Qatari Foreign Minister Sheikh Mohammed bin Abdulrahman Al Thani, Tuesday, June 27, 2017, at the State Department in Washington. AP Photo/Jacquelyn Martin DUBAI, United Arab Emirates (AP) — Qatar has ...

Qatar refuses to 'outsource foreign policy' in Gulf crisis

2017-07-27
Qatar refuses to bow to Saudi-led demands to "outsource" its foreign policy to resolve the Gulf crisis, its government spokesman told AFP in an interview. Sheikh Saif bin Ahmed Al-Thani, who holds ministerial rank, accused Doha's adversaries in the crisis ...

Qatar Seeks UN Help as Dispute With Saudi-Led Alliance Drags On

2017-07-27
Qatar wants the United Nations to have a greater role in resolving its standoff with a Saudi-led alliance after U.S. and U.K. efforts to find a solution among the parties reached an impasse, Foreign Minister Sheikh Mohammed bin Abdulrahman Al Thani said.

The Qatar Dispute Is Hindering Our Ability to Fight ISIS

2017-07-27
One of the more overlooked effects of the souring of relations between Qatar and many of its neighbors is the potential for the diminishing of America’s military prowess in the region, and the hindrance of its fight against ISIS. This is magnified due to ...

Qatar says UN should play a role in resolving Gulf crisis

2017-07-27
UNITED NATIONS (AP) — Qatar's foreign minister called Thursday for the United Nations to help resolve the crisis in the Persian Gulf and accused the four Arab countries that have isolated his energy-rich nation of violating international law. Sheikh ...

Qatar authorities spreading lies to discourage their people from performing Hajj

2017-07-27
Saud al-Qahtani, an advisor in the Saudi royal court, has reiterated that Saudi Arabia welcomes all Qataris who want to perform Hajj or Umrah. He also accused Qatari authorities of spreading lies to discourage their people from performing their religious ...

Qatar Hires DC Lobby Part of the Swamp

2017-07-27
At least there is a FARA filing. Qatar is a hub for harboring terrorists and funding terror organizations. Recently, Gulf States with Saudi Arabia in the lead have isolated Qatar for these exact reasons. Yesterday, this site published an article about the ...

Qatar Seeks Options at United Nations to Overcome Gulf Rift

2017-07-27
UNITED NATIONS (Reuters) - Qatar's foreign minister on Thursday accused Arab states of violating international law in their boycott of the country and described the United Nations as the "right place" for Doha to seek options to overcome measures imposed ...

Qatar Airways boosts Colombo service to four daily non-stop flights

2017-07-27
Four Sri Lankan men acquitted by a British Columbia (BC) Supreme Court Judge nine years ago on charges of human smuggling were found not guilty by Justice Arne Silverman, yesterday.The four Sri... Prime Minister Ranil Wickremesinghe, addressing a press ...

Qatar: UN should play a role in resolving Gulf crisis

2017-07-27
Qatar's foreign minister said Saudi Arabia, Egypt, UAE and Bahrain are showing 'stubbornness' [File: Gregorio Borgia/AP] Qatar's foreign minister called on Thursday for the United Nations to help resolve the Gulf crisis and accused the four Arab countries ...

Qatar hired a firm founded by Trump's former campaign manager and looks like it wants to challenge Saudi Arabia in Washington

2017-07-27
Secretary of State Rex Tillerson shakes hands with ‎Qatari Foreign Minister Sheikh Mohammed bin Abdulrahman Al Thani, Tuesday, June 27, 2017, at the State Department in Washington. AP Photo/Jacquelyn Martin DUBAI, United Arab Emirates (AP) — Qatar has ...

Qatar refuses to 'outsource foreign policy' in Gulf crisis

2017-07-27
Qatar refuses to bow to Saudi-led demands to "outsource" its foreign policy to resolve the Gulf crisis, its government spokesman told AFP in an interview. Sheikh Saif bin Ahmed Al-Thani, who holds ministerial rank, accused Doha's adversaries in the crisis ...

Qatar accuses Gulf states of 'stubbornness', wants UN to help

2017-07-27
UNITED NATIONS: Qatar's foreign minister today accused Gulf neighbors and Egypt of "stubbornness" in their ongoing diplomatic dispute and said the United Nations should step in to help resolve the crisis. Sheikh Mohammed bin Abdulrahman Al-Thani met with ...

Qatar Seeks UN Help as Dispute With Saudi-Led Alliance Drags On

2017-07-27
Qatar wants the United Nations to have a greater role in resolving its standoff with a Saudi-led alliance after U.S. and U.K. efforts to find a solution among the parties reached an impasse, Foreign Minister Sheikh Mohammed bin Abdulrahman Al Thani said.

The Qatar Dispute Is Hindering Our Ability to Fight ISIS

2017-07-27
One of the more overlooked effects of the souring of relations between Qatar and many of its neighbors is the potential for the diminishing of America’s military prowess in the region, and the hindrance of its fight against ISIS. This is magnified due to ...

Qatar authorities spreading lies to discourage their people from performing Hajj

2017-07-27
Saud al-Qahtani, an advisor in the Saudi royal court, has reiterated that Saudi Arabia welcomes all Qataris who want to perform Hajj or Umrah. He also accused Qatari authorities of spreading lies to discourage their people from performing their religious ...

Qatar Airways to go ahead with jet orders despite ban

2017-07-27
Qatar Airways, which has been losing passengers after a flight embargo from four Arab countries, is still making money and will go through with jet orders it’s already committed to, as the nation seeks an international ruling restoring its access to air ...

There is no excuse for openly harbouring terrorists, US tells Qatar

2017-07-27
Dubai: Qatar will lose US cooperation if it does not change its policy and stop its excuses and reckless behaviour resulting from past mistakes by previous Republican and Democrat administrations, a US Congresswoman has warned. “There is no excuse for ...

Qatar says UN should play a role in resolving Gulf crisis

2017-07-27
UNITED NATIONS (AP) — Qatar's foreign minister called Thursday for the United Nations to help resolve the crisis in the Persian Gulf and accused the four Arab countries that have isolated his energy-rich nation of violating international law. Sheikh ...