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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

The truth about Qatar

2017-08-18
Gary Wasserman’s book on his time in Qatar, “The Doha Experiment: Arab Kingdom, Catholic College, Jewish Teacher,” will be published this fall. The Qatar I lived in for eight years is unrecognizable from the television ads running in Washington.

Saudi King Salman meets Qatar's Sheikh Abdullah

2017-08-18
The Custodian of Two Holy Mosques King Salman bin Abdulaziz Al Saud received at his guest residence in the Moroccan city of Tangier this evening visiting Sheikh Abdullah bin Ali bin Abdullah bin Jassem Al Thani. King Salman welcomed Sheikh Abdullah bin Ali ...

Saudi Arabia to open border with Qatar to let pilgrims attend hajj

2017-08-18
Saudi Arabia’s King Salman has ordered the reopening of the land border with Qatar to facilitate the annual hajj pilgrimage, according to state media, in one of the first signs of a thaw in the region’s worst diplomatic crisis in years. The Salwa ...

'Qatar is training hub to undermine UAE's security'

2017-08-18
Doha has become a training hub to undermine the UAE's security and stability, revealed a new episode of a popular documentary that was broadcast today by local television channels, Wam reported on Friday. The 30-minute episode of the hit documentary ...

Qatar Youth Hostels signs pact with Olympic Academy

2017-08-19
Qatar Youth Hostels signed a co-operation agreement with Qatar Olympic Academy to provide better service to families and particularly youth, in line with Qatar National Vision 2030 which calls for investing in youth and their ability to innovate.

How open is the Saudi invite for Qatar's Hajj pilgrims?

2017-08-18
Almost three months after Saudi Arabia, the United Arab Emirates (UAE), Bahrain and Egypt cut off diplomatic ties with Qatar, Saudi King Salman bin Abdulaziz Al Saud has appeared to offer a small step towards reconciliation. King Salman ordered the ...

New prince of Qatar Sheikh Abdullah threatens Tamim’s reign

2017-08-19
CAIRO – 19 August 2017: Following the diplomatic rift between Egypt, the UAE, Saudi Arabia and Bahrain on one side and Qatar on the other, Qatari Sheikh Abdullah bin Ali bin Abdullah bin Jassem Al-Thani has appeared on the scene lately as a mediator to ...

FINA position new addition to Qatar's achievements: Al Jabir

2017-08-19
President of #Qatar Swimming Association (QSA) Khaleel Al Jabir expressed his pride for being elected as a new member of the Board of Directors of the International Swimming Federation (FINA) in the new 2017/2020 electoral cycle, in a new addition to the ...

Concern over Qatar citizens’ safety in Saudi during Haj

2017-08-18
Qatar’s Foreign Minister HE Sheikh Mohamed bin Abdulrahman al-Thani meeting in Oslo yesterday with his Norwegian counterpart Borge Brende. Qatar expressed concern about the safety of its citizens in Saudi Arabia following the reopening of the countries ...

Qatar concerned for security of citizens performing Hajj in Saudi Arabia

2017-08-19
ERBIL, Kurdistan Region (Kurdistan 24) – Qatar’s Foreign Minister Sheikh Mohammed bin Abdulrahman Al Thani on Friday expressed his concern for the safety of Qatari citizens traveling to Saudi Arabia to perform the Hajj pilgrimage. Speaking at a news ...

Saudi King Salman meets Qatar's Sheikh Abdullah

2017-08-18
The Custodian of Two Holy Mosques King Salman bin Abdulaziz Al Saud received at his guest residence in the Moroccan city of Tangier this evening visiting Sheikh Abdullah bin Ali bin Abdullah bin Jassem Al Thani. King Salman welcomed Sheikh Abdullah bin Ali ...

The truth about Qatar

2017-08-18
Gary Wasserman’s book on his time in Qatar, “The Doha Experiment: Arab Kingdom, Catholic College, Jewish Teacher,” will be published this fall. The Qatar I lived in for eight years is unrecognizable from the television ads running in Washington.

Saudi Arabia to open border with Qatar to let pilgrims attend hajj

2017-08-18
Saudi Arabia’s King Salman has ordered the reopening of the land border with Qatar to facilitate the annual hajj pilgrimage, according to state media, in one of the first signs of a thaw in the region’s worst diplomatic crisis in years. The Salwa ...

Saudi Arabia offers to pay expenses of Qatar's Hajj pilgrims, charter private jets

2017-08-17
Abu Dhabi, UAE (CNN)Saudi Arabia will open its land border to Hajj-bound Qatari pilgrims and pay their expenses, according to the Kingdom's state media. Saudi's King Salman also offered to dispatch private jets to transport pilgrims from Qatar to Jeddah.

Qatar's Growth Prospects Dim as Saudi-Led Boycott Takes Toll

2017-08-16
Qatar’s economy will expand this year at the slowest pace since 1995, according to economists surveyed by Bloomberg this month, as the impact of a Saudi Arabia-led boycott is felt on trade and investor confidence. Gross domestic product will grow 2.5 ...

Saudi Arabia reopens Qatar border for hajj pilgrims

2017-08-17
Saudi Arabia announced on Thursday that it is reopening its border with Qatar to allow Qataris to attend the hajj, despite a monthslong rift between Doha and four Arab countries led by Riyadh that prompted both sides to trade accusations of politicizing ...

Qatar Youth Hostels signs pact with Olympic Academy

2017-08-19
Qatar Youth Hostels signed a co-operation agreement with Qatar Olympic Academy to provide better service to families and particularly youth, in line with Qatar National Vision 2030 which calls for investing in youth and their ability to innovate.

How open is the Saudi invite for Qatar's Hajj pilgrims?

2017-08-18
Almost three months after Saudi Arabia, the United Arab Emirates (UAE), Bahrain and Egypt cut off diplomatic ties with Qatar, Saudi King Salman bin Abdulaziz Al Saud has appeared to offer a small step towards reconciliation. King Salman ordered the ...

Qatar concerned about safety of citizens in Saudi Arabia during haj

2017-08-18
OSLO (Reuters) - Qatar expressed concern about the safety of its citizens in Saudi Arabia following the reopening of the countries' border enabling Qataris to attend the annual haj pilgrimage in Mecca. Foreign Minister Sheikh Mohammed bin Abdulrahman al ...

FINA position new addition to Qatar's achievements: Al Jabir

2017-08-19
President of #Qatar Swimming Association (QSA) Khaleel Al Jabir expressed his pride for being elected as a new member of the Board of Directors of the International Swimming Federation (FINA) in the new 2017/2020 electoral cycle, in a new addition to the ...