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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 will Grant Gaza Millions in aid for Energy Crisis

2017-01-16
Reports from Palestine News agency state that the Qatar Emir has confirmed to help Hamas with the current energy crisis in the Gaza strip. And an aid package worth 12 million dollars, total will be transferred to Hamas in order to run Gaza’s power plant.

Major initiatives to promote sport, medical education

2017-01-16
Providing a major impetus to sport and medical education in the country, Qatar University (QU) has signed two agreements with leading stakeholders. While the first aims to establish an academic programme for talented athletes, the second seeks ...

Pakistan villagers attack convoy of Qatar royal hunting rare bird

2017-01-16
QUETTA: A group of Pakistani villagers brandishing guns and knives attacked the convoy of a Qatar royal family member on an expedition to hunt the houbara bustard, a rare bird whose meat is prized by Arab sheikhs, officials said yesterday. The hunting ...

Bahrain fall to Qatar

2017-01-16
BAHRAIN fell to their second defeat at the Handball World Championship, losing to Qatar 32-22 at the AccorHotels Arena in Paris yesterday. Bahrain’s coach Algerian Salah Bouchekriou used a lineup consisting of Mohammed Hussain in goal, with Ali Mirza ...

Qatar vs. Moldova Predictions, Betting tips, and Live Streaming

2017-01-16
Qatar will host Moldova in Doha on Tuesday, where they hope they can put on another confident display and outclass the rivals to further lift the team spirits ahead of the Asian World Cup qualifiers in March. They have returned to the winning ways in ...

Qatar @Twitter team resolve issue

2017-01-16
I wrote over the weekend about a disappointing experience with Qatar Airways UK reservations office. Basically a time change out of Amsterdam meant a pretty unhelpful connection in Doha – the time change was 4 hours. I had planned a nice evening in a bed ...

Qatar agrees to buy $12m in fuel for Gaza power plant

2017-01-16
DOHA: Qatar has agreed to pay $12 million for fuel for the Gaza Strip’s sole power plant, in a move that seeks to end the serious energy crisis gripping the Palestinian enclave. Gaza is currently experiencing the worst electricity shortage in years, with ...

Due to technical reasons, this story has been removed from our database

2017-01-16
(MENAFN - Saudi Press Agency) Doha, Rabi'II 18, 1438, January 16, 2017, SPA -- Sheikh Tamim bin Hamad Al Thani, Emir of Qatar, made a telephone call to Vice President of Yemen General Ali Mohsen ... Jan 16 2017 - Spokesman of British government lauds Saudi ...

Qatar Airways Soon To Land In Las Vegas

2017-01-15
Qatar Airways will soon land in Las Vegas. Starting January 8 next year, the carrier will add Las Vegas in its route map. The new route will be the company's 11 th to the United States and will be landing in McCarran International Airport, about five miles ...

Qatar pledges $12m for Gaza's electricity crisis

2017-01-15
Qatar has said it will “swiftly” pay $12 million to the Palestinian Authority to solve crippling electricity shortages in Gaza, state media in the Gulf state reported. Qatar's emir, Sheikh Tamim bin Hamad Al-Thani, made the pledge after meeting senior ...

Pakistan villagers attack convoy of Qatar royal hunting rare bird

2017-01-15
QUETTA: A group of Pakistani villagers brandishing guns and knives attacked the convoy of a Qatar royal family member on an expedition to hunt the houbara bustard, a rare bird whose meat is prized by Arab sheikhs, officials said on Monday. The hunting ...

Bahrain fall to Qatar

2017-01-16
BAHRAIN fell to their second defeat at the Handball World Championship, losing to Qatar 32-22 at the AccorHotels Arena in Paris yesterday. Bahrain’s coach Algerian Salah Bouchekriou used a lineup consisting of Mohammed Hussain in goal, with Ali Mirza ...

Qatar will Grant Gaza Millions in aid for Energy Crisis

2017-01-16
Reports from Palestine News agency state that the Qatar Emir has confirmed to help Hamas with the current energy crisis in the Gaza strip. And an aid package worth 12 million dollars, total will be transferred to Hamas in order to run Gaza’s power plant.

Qatar agrees to buy $12m in fuel for Gaza power plant

2017-01-16
DOHA: Qatar has agreed to pay $12 million for fuel for the Gaza Strip’s sole power plant, in a move that seeks to end the serious energy crisis gripping the Palestinian enclave. Gaza is currently experiencing the worst electricity shortage in years, with ...

Qatar @Twitter team resolve issue

2017-01-16
I wrote over the weekend about a disappointing experience with Qatar Airways UK reservations office. Basically a time change out of Amsterdam meant a pretty unhelpful connection in Doha – the time change was 4 hours. I had planned a nice evening in a bed ...

Qatar pledges $12m for Gaza's electricity crisis

2017-01-15
Qatar has said it will “swiftly” pay $12 million to the Palestinian Authority to solve crippling electricity shortages in Gaza, state media in the Gulf state reported. Qatar's emir, Sheikh Tamim bin Hamad Al-Thani, made the pledge after meeting senior ...

Qatar vs. Moldova Predictions, Betting tips, and Live Streaming

2017-01-16
Qatar will host Moldova in Doha on Tuesday, where they hope they can put on another confident display and outclass the rivals to further lift the team spirits ahead of the Asian World Cup qualifiers in March. They have returned to the winning ways in ...

Qatar pays for Gaza's electricity

2017-01-15
The Emir of Qatar, Sheikh Tamim bin Hamad Al-Thani, on Sunday directed a payment of $12 million to solve the electricity blackouts in Gaza, the Kuwait News Agency, KUNA, reported. According to the report, Sheikh Tamim stressed the urgency of international ...

Qatar's Masraf Al Rayan Q4 net profit slips 8 pct

2017-01-15
DUBAI Jan 16 Masraf Al Rayan, Qatar's second-largest bank by market value, saw an 8 percent decrease in fourth-quarter net profit on Monday, according to Reuters' calculations. Net profit for the three months to Dec. 31 was 515.0 million riyals ($141.5 ...

Students of PIS visit Qatar Stock Exchange

2017-01-16
Pakistan International School (PIS) has incorporated educational trips as the school’s annual spectrum. Keeping in view, the administration of PIS arranged a field trip to Qatar Stock Exchange (QSE) for students. On January 9, 48 students (girls) of ...