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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

Xavi Hernández: 'My dream is to coach FC Barcelona ... and help Qatar'

2017-04-26
Doha, Qatar (CNN)He's the player who has always been one step ahead of the opposition. A product of the feted La Masia youth system, Xavi Hernández went on to embody the footballing ideals of Spain and Barcelona for almost two decades, prompting Pep ...

Xavi: I'm open to managing Qatar in 2022

2017-04-26
Speaking exclusively to CNN, Xavi Hernandez opens up on his work with the Qatar national team ahead of the 2022 World Cup and his "dream" to coach Barça.

Qatar shares gain on strong buying support

2017-04-26
Qatar Stock Exchange gained for the second day on Wednesday to surpass the 10,200 levels, mainly on buying support in telecom, real estate and industrials segments. Increased buying support from foreign institutions and bullish outlook of their domestic ...

AAB hosts Qatar's `first of its kind' treasure hunt

2017-04-26
Abdullah Abdulghani & Bros Co. (AAB), exclusive distributor of Toyota and Lexus in Qatar, is holding the 1st AAB Treasure Hunt in collaboration with the Public Parks Department of the Ministry of Municipality and Environment (MME) on May 5. Announcing this ...

Qatar First Bank revenues rise; improves profitability

2017-04-26
Qatar First Bank (QFB), a Shari’ah compliant bank listed on the Qatar Stock Exchange, has reported a significant improvement in its profitability for the first quarter of the current financial year ended March 31, 2017 (Q1,2017). The Bank’s revenues ...

German group Hightex wins Qatar stadium project contract

2017-04-26
Hightex, a leading global membrane construction company based in Bavaria, Germany, said it has secured a stadium contract in Qatar as part of FIFA World Cup 2022 preparations. Hightex, which is 80 per cent owned by international businesswoman Yelena ...

Qatar plans to regulate domestic workers’ salaries and benefits

2017-04-26
Doha: In line with the wage protection system (WPS) that was introduced last year, Qatar is attempting to regulate salaries of domestic workers. The draft law on domestic workers, which was approved by the Council of Ministers last February, included many ...

Qatar says Iraq had ‘full knowledge’ of hostage deal

2017-04-26
DOHA // Qatar said on Wednesday that the deal to secure the recent release of a hunting party kidnapped in southern Iraq went ahead with the "full knowledge" of Baghdad. Responding to a complaint by prime minister Haider Al Abadi that ransom money was ...

Qatar Airways Sees 'Manageable' Decline in Flights to U.S.

2017-04-26
The CEO of one of the Middle East's largest carriers said Monday that passenger numbers to the United States have dipped slightly over fears by some Muslim passengers that their visas may be rejected upon arrival, but expressed confidence in President ...

Qatar World Cup workers get nutrition health checks

2017-04-25
Doha: As many as 1,000 Qatar World Cup construction workers are receiving health checks as part of a pilot programme agreed between the 2022 tournament organisers and Weill Cornell Medicine. In a statement on Tuesday World Cup organisers said workers ...

Xavi Hernández: 'My dream is to coach FC Barcelona ... and help Qatar'

2017-04-26
Doha, Qatar (CNN)He's the player who has always been one step ahead of the opposition. A product of the feted La Masia youth system, Xavi Hernández went on to embody the footballing ideals of Spain and Barcelona for almost two decades, prompting Pep ...

Xavi: I'm open to managing Qatar in 2022

2017-04-26
Speaking exclusively to CNN, Xavi Hernandez opens up on his work with the Qatar national team ahead of the 2022 World Cup and his "dream" to coach Barça.

AAB hosts Qatar's `first of its kind' treasure hunt

2017-04-26
Abdullah Abdulghani & Bros Co. (AAB), exclusive distributor of Toyota and Lexus in Qatar, is holding the 1st AAB Treasure Hunt in collaboration with the Public Parks Department of the Ministry of Municipality and Environment (MME) on May 5. Announcing this ...

Qatar First Bank revenues rise; improves profitability

2017-04-26
Qatar First Bank (QFB), a Shari’ah compliant bank listed on the Qatar Stock Exchange, has reported a significant improvement in its profitability for the first quarter of the current financial year ended March 31, 2017 (Q1,2017). The Bank’s revenues ...

German group Hightex wins Qatar stadium project contract

2017-04-26
Hightex, a leading global membrane construction company based in Bavaria, Germany, said it has secured a stadium contract in Qatar as part of FIFA World Cup 2022 preparations. Hightex, which is 80 per cent owned by international businesswoman Yelena ...

Why landing Qatar Airways is not just good news for Cardiff Airport, but Wales plc too

2017-04-26
The phrase game changer is often overused in Wales, but it certainly applies to the winning of the first scheduled long-haul direct route from Cardiff Airport to the Middle East. Huge credit must go to the executive team at the airport, led by its chief ...

Qatar Airways Cargo increases Pharma Express flights from Basel

2017-04-26
Qatar Airways Cargo will commence its fourth Pharma Express freighter service operating from Basel, effective 8 May. The additional freighter brings the total Pharma Express flights to 10 each week, providing dedicated uplift for pharmaceuticals and ...

Qatar: Don’t Deport Saudi Activist

2017-04-25
(Beirut) – Qatari authorities should not deport a prominent Saudi human rights activist who would be at risk of a long prison sentence and possible ill-treatment if forcibly returned to Saudi Arabia, Human Rights Watch said today. The activist, Mohammed ...

Qatar’s hospitality sector leads among GCC

2017-04-25
Genesis, the world’s newest luxury auto brand, has made its Qatar Motor Show debut this week, Qatar’s luxury auto market, one of the fastest growing and selective globally, can now experience a new standard in comfort and convenience from the Genesis ...

Qatar Airways to increase frequency to Bangkok from June this year

2017-04-25
Apr 26, 2017: Qatar Airways plans to introduce a fifth daily nonstop service from Doha to Bangkok from June 1, 2017. The new daily flight will be served by the Boeing 787 Dreamliner. The increased frequency, along with its double-daily Phuket flights and ...