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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

Meeting Emir of Qatar, Coordinating Minister Luhut Talks about Investment Opportunities

2017-12-11
Coordinating Minister Luhut Panjaitan and Emir of Qatar Sheik Tamim bin Hamad. Listen to this QATAR, NNC - Coordinating Minister for the Maritime Affairs Luhut B. Pandjaitan led the Indonesian delegation in a number of bilateral meetings with the ...

Qatar goes ahead with $6.7 billion Typhoon combat jets deal with UK's BAE Systems

2017-12-11
LONDON (Reuters) - BAE Systems and Qatar have entered into a contract valued at around 5 billion pounds ($6.7 billion) for the country to buy 24 Typhoon combat aircraft, the British defense group said on Sunday. The company said delivery was expected in ...

Qatar: UK receives $8-billion contract for 24 Typhoon jets

2017-12-11
Qatar and the United Kingdom (UK) struck a deal Sunday for the purchase by the Gulf country of 24 typhoon fighter jets for a contract worth $8 billion, few days after placing order for 12 French Rafal war planes. The deal was signed by Qatar’s defense ...

Qatar Airways received more than 50 individual awards across multiple categories in 2018

2017-12-10
Qatar’s national carrier has won more than 50 awards in 2017, including ‘World’s Best Airline,’ ‘World’s Best Business Class’ and ‘Best Up In the Air Experience’ Qatar Airways recognised for its groundbreaking new Business Class seat ...

Qatar signs $8bn Typhoon fighter jet deal with the UK

2017-12-10
Qatar will buy 24 Typhoon fighter jets worth $8bn from the United Kingdom as the Gulf state continues to stock up on high-tech weaponry. The deal between the two countries was signed in Doha by Qatar's Defence Minister Khalid bin Mohammed al-Attiyah and ...

Relief for BAE after £5 bln typhoon jet Qatar deal

2017-12-11
BAE Systems and Qatar have entered into a contract valued at around £5 billion ($6.7 billion) for the country to buy 24 Typhoon combat aircraft. As Sonia Legg reports, the news sent the troubled British defence group's shares up 1.1 percent on Monday.

Qatar signs $8-bn deal to buy 24 Typhoon fighters from UK

2017-12-10
Qatar signed a multi-billion-dollar deal on Dec. 10 to buy 24 Typhoon fighters from Britain, its second major defense agreement this week, which comes during the worst political crisis in the region for years. The $8-billion deal was signed in Doha by ...

Qatar Airways and Hamad International Airport partner with KAHRAMAA’s National Programme for Conservation and Energy Efficiency

2017-12-10
DOHA, Qatar, 2017-Dec-11 — /Travel PR News/ — Qatar Airways and Hamad International Airport (HIA) partnered with KAHRAMAA’s National Programme for Conservation and Energy Efficiency, ‘Tarsheed’, to deliver technical energy and water conservation ...

BAE gets £5bn Qatar order boost

2017-12-10
Theresa May is not the only one to secure a political deal in the nick of time, and breathe a sigh of relief, writes Matthew Vincent. Charles Woodburn, chief executive of BAE Systems has managed no less a negotiating feat, but in the Middle East rather ...

QATAR sign £5billion deal to buy 24 TYPHOON jets from UK

2017-12-11
BAE Systems in Warton, Lancashire, announced its contract with the sovereign country to supply the jets. This deal is seen as a boost for Brexit Britain, as it is believed this will help secure jobs in the UK. This is good news, as the UK has already ...

Qatar signs $8bn Typhoon fighter jet deal with the UK

2017-12-10
Qatar will buy 24 Typhoon fighter jets worth $8bn from the United Kingdom as the Gulf state continues to stock up on high-tech weaponry. The deal between the two countries was signed in Doha by Qatar's Defence Minister Khalid bin Mohammed al-Attiyah and ...

Qatar goes ahead with $6.7 billion Typhoon combat jets deal with UK's BAE Systems

2017-12-11
LONDON (Reuters) - BAE Systems and Qatar have entered into a contract valued at around 5 billion pounds ($6.7 billion) for the country to buy 24 Typhoon combat aircraft, the British defense group said on Sunday. The company said delivery was expected in ...

Relief for BAE after £5 bln Typhoon jet Qatar deal

2017-12-10
BAE Systems and Qatar have entered into a contract valued at around £5 billion ($6.7 billion) for the country to buy 24 Typhoon combat aircraft. As Sonia Legg reports, the news sent the troubled British defence group's shares up 1.1 percent on Monday.

BAE Gets $6.7 Billion Typhoon Fighter Jet Order From Qatar

2017-12-10
BAE Systems Plc won an order from Qatar for 24 Eurofighter Typhoon combat jets valued at 5 billion pounds ($6.7 billion) as the isolated Persian Gulf state beefs up air defenses. Delivery of the aircraft to the Qatar Emiri Air Force will start in late 2022 ...

Qatar, Britain Finalize Deal for 24 Jet Fighters

2017-12-10
LONDON—The government of Qatar and British weapons maker BAE Systems PLC have finalized a multibillion deal for 24 combat jets, continuing a weapons buying spree by the Middle East country. BAE Systems on Sunday said the two sides have entered a roughly ...

BAE Systems signs off £5bn Qatar deal for 24 Typhoon fighters

2017-12-10
Qatar and BAE Systems have finalised a £5bn deal for 24 Typhoon fighter jets that will ensure UK production of the combat aircraft into the mid-2020s. The sale is the largest UK export order for the Eurofighter in a decade, and will bring some relief to ...

Qatar signs $8-bn deal to buy 24 Typhoon fighters from UK

2017-12-10
Qatar signed a multi-billion-dollar deal on Dec. 10 to buy 24 Typhoon fighters from Britain, its second major defense agreement this week, which comes during the worst political crisis in the region for years. The $8-billion deal was signed in Doha by ...

BAE gets £5bn Qatar order boost

2017-12-10
Theresa May is not the only one to secure a political deal in the nick of time, and breathe a sigh of relief, writes Matthew Vincent. Charles Woodburn, chief executive of BAE Systems has managed no less a negotiating feat, but in the Middle East rather ...

QATAR sign £5billion deal to buy 24 TYPHOON jets from UK

2017-12-11
BAE Systems in Warton, Lancashire, announced its contract with the sovereign country to supply the jets. This deal is seen as a boost for Brexit Britain, as it is believed this will help secure jobs in the UK. This is good news, as the UK has already ...

Qatar buys 24 Typhoon fighters as part of $8 billion deal

2017-12-10
LONDON — British aerospace company BAE Systems has agreed to sell 24 Typhoon fighter planes to Qatar as part of a 6 billion pound ($8 billion) deal with European defense contractors. British Defense Secretary Gavin Williamson announced the deal after ...