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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

El Salvador eyes Qatar jobs for migrants leaving US

2018-01-18
El Salvador is seeking to reach an agreement with Qatar to allow Salvadoran migrants who are forced to leave the United States to work temporarily in the Gulf country, a spokesperson for the Salvadoran presidency said on Tuesday. Last week, US President ...

Qatar Doubles Down on PR Campaign Appealing to U.S. Jews and D.C. Insiders

2018-01-18
WASHINGTON – Qatar has recently expanded its public relations effort aimed at improving its image in the United States, including within the Jewish community. The wealthy emirate, often criticized for having ties to Hamas, has invited influential ...

Qatar Airways says offered 25 percent stake by US startup airline

2018-01-18
The Gulf carrier tried to buy up to 10 percent of listed American Airlines last year, but faced opposition from the U.S. carrier's management. The U.S. airline startup that offered 25 percent stake to Qatar Airways is private, meaning the gulf carrier ...

Nigerian man in Qatar receives encomium after returning about N150M wrongly posted in his account

2018-01-18
A Nigerian identified as Jonathan Asemota has received encomium by the Senior Special Assistant to the President on Foreign Affairs and Diaspora, Hon. Abike Dabiri-Erewa, for his sincerity and honesty in returning QR1,502,000 ($441,127.99) about N150 ...

Here’s What You Can Do In Qatar (January 18-25, 2018)

2018-01-17
Qatar has a lot to offer to its residents this weekend and here are some of the selected things that you can choose from. Souq Waqif is hosting a unique kind of shopping festival, in which the public will be guided by Qataris who will show the ins and outs ...

Dabiri-Erewa Hails Nigerian Who Returned $441,000 Wrongfully Paid Into His Account in Qatar

2018-01-17
Senior Special Assistant to the President on Foreign Affairs and Diaspora, Abike Dabiri-Erewa, has hailed a Nigerian, Michael Jonathan Asemota a.k.a Teddy for his sincerity and honesty in returning QR1,502,000 ($441,127.99) about N150 million wrongfully ...

Qatar And The Emirates Lock Horns

2018-01-18
The escalating tensions between Qatar and its Persian Gulf neighbor the United Arab Emirates (UAE) took a new twist with an exchange of mutual accusations of airspace violations and Abu Dhabi’s alleged detention of a Qatari sheikh, a close relative of ...

Second Edition Of Expo Turkey By Qatar Begins In Doha

2018-01-17
The second edition of the Expo Turkey by Qatar was inaugurated by the Minister of Economy and Commerce, HE H E Sheikh Ahmed bin Jassim Al Thani, at the Doha Exhibition and Convention Center (DECC) yesterday. The inauguration ceremony was attended by top ...

MIDEAST STOCKS-Egypt buoyed by M&A activity, Widam Food soars in Qatar

2018-01-18
DUBAI, Jan 18 (Reuters) - Mergers and acquisition activity in the health sector lifted Egypt’s stock market on Thursday, while Gulf markets mostly moved sideways but Qatar rose on the back of a jump by food processor and livestock trader Widam Food.

Qatar Airways announces additional flights to Bangkok, Thailand from 25 March

2018-01-17
DOHA, Qatar, 2018-Jan-18 — /Travel PR News/ — Qatar Airways is continuing its expansion in Asia by adding an additional flight to Bangkok, providing its passengers even more flexibility in visiting the Thai capital. The new service to Bangkok, which ...

El Salvador eyes Qatar jobs for migrants leaving US

2018-01-18
El Salvador is seeking to reach an agreement with Qatar to allow Salvadoran migrants who are forced to leave the United States to work temporarily in the Gulf country, a spokesperson for the Salvadoran presidency said on Tuesday. Last week, US President ...

Qatar Airways says offered 25 percent stake by US startup airline

2018-01-18
The Gulf carrier tried to buy up to 10 percent of listed American Airlines last year, but faced opposition from the U.S. carrier's management. The U.S. airline startup that offered 25 percent stake to Qatar Airways is private, meaning the gulf carrier ...

UAE Protests to UN Over Qatar Flight 'Interceptions'

2018-01-18
The UAE said Thursday said it has filed a complaint with the United Nations over Qatar's "interception" of two passenger planes en route to Bahrain this week. Protests have been filed over "Qatar's threat to the lives of civilians through its interception ...

UAE says Qatar fighter jet intercepts commercial flight

2018-01-17
DUBAI, United Arab Emirates – The United Arab Emirates has claimed that a Qatari fighter jet intercepted one of its commercial airliners in international airspace on the way to Bahrain. Doha declined to immediately comment, as did the UAE's two major ...

MIDEAST STOCKS-Egypt buoyed by M&A activity, Widam Food soars in Qatar

2018-01-18
DUBAI, Jan 18 (Reuters) - Mergers and acquisition activity in the health sector lifted Egypt’s stock market on Thursday, while Gulf markets mostly moved sideways but Qatar rose on the back of a jump by food processor and livestock trader Widam Food.

Qatar Doubles Down on PR Campaign Appealing to U.S. Jews and D.C. Insiders

2018-01-18
WASHINGTON – Qatar has recently expanded its public relations effort aimed at improving its image in the United States, including within the Jewish community. The wealthy emirate, often criticized for having ties to Hamas, has invited influential ...

Qatar And The Emirates Lock Horns

2018-01-18
The escalating tensions between Qatar and its Persian Gulf neighbor the United Arab Emirates (UAE) took a new twist with an exchange of mutual accusations of airspace violations and Abu Dhabi’s alleged detention of a Qatari sheikh, a close relative of ...

UAE lodges complaint with U.N. over Qatar war planes

2018-01-17
RIYADH (Reuters) - The United Arab Emirates has lodged a complaint with the United Nations to say Qatari war planes intercepted its civilian aircraft in an unjustified escalation of a regional dispute, state news agency WAM said on Thursday. The UAE said ...

Dabiri-Erewa eulogises Nigerian who returned N150m in Qatar

2018-01-17
Senior Special Assistant to the President on Foreign Affairs and Diaspora, Abike Dabiri-Erewa, has hailed a Nigerian, Michael Jonathan Asemota a.k.a Teddy for his sincerity and honesty in returning QR1,502,000 ($441,127.99) about N150 million wrongfully ...

Turkey Expo 2018 aims to boost exports to Qatar, more than 100 Turkish companies represented

2018-01-18
A high profile trade fair held this week in the Qatari capital Doha aims to help Turkish companies increase their share of the oil-rich Gulf state’s imports. Expo Turkey 2018 brings together more than 100 Turkish companies from a range of sectors ...