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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.

oxfordbusinessgroup








8 Qatar schools receive prestigious ECO-Schools Programme Awards from Doha Bank

  Annual programme aims at encouraging students and schools across Qatar to contribute to environmental protection

  Doha Bank launches new ECO-Schools logo to better reflect programme objectives



DOHA BANK CEO HONOURED WITH "GREEN ECONOMY VISIONARY AWARD" AT UAB SUMMIT





MYTHS BY AMOUAGE




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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 issues $12bn worth of sovereign debt

2016-08-28
DOHA: Amid lower-than-expected project spending and tighter liquidity, Qatar’s economy is cooling down to a steadier growth. The country’s growth slowed to 1.1 percent y/y in the first quarter of 2016 (Q1, 16) due to a contraction in oil output and ...

Qatar to levy airport tax on passengers

2016-08-28
DOHA: Qatar’s government will levy a new airport tax on passengers from Tuesday, according to a circular to travel agents, as the country seeks new revenue streams amid falling oil prices. Every passenger leaving Qatar from Doha’s Hamad International ...

Qatar’s International Airport Adds a New Fee for Passengers

2016-08-28
In years past Qatar would have just thrown some oil money around rather than added a fee. This a early sign that Gulf carriers, and the supportive transportation infrastructure supporting their growth, will spend less. — Jason Clampet Qatar’s main ...

20 Qatar Airways flights a week to Riyadh from Thursday

2016-08-28
DOHA: Qatar Airways (QA) has announced that it will operate 20 flights a week to and from Riyadh from Thursday, increasing services by over 40 percent. Passengers travelling into and out of Saudi Arabia will benefit from greater connectivity to the award ...

Security guard in Qatar in race of his life

2016-08-28
Kenyan runner Michael Douglas Ongeri poses for a photo in the Qatari capital Doha. Six days a week, after completing his 13-hour night shift as a security guard, Ongeri begins an eight kilometer walk to Aspire Park in central Doha to train on the track in ...

Qatar security guard in race of his life

2016-08-27
Kenyan security guard Michael Douglas Ongeri has a dream -- and won't be daunted by poverty, a 13-hour workday or training in Qatar's searing heat, far from his family. Nor will he let the 11 kilometres (seven miles) he has to walk from work to the track ...

BENADOR: QATAR QUIETLY BUYING AMERICA’S CROWN PIECE: NYC

2016-08-28
Recently, the Qatar Investment Authority has invested $622 million in the Empire State Building. At first sight, it seems like no major news there. But, as usual, things are not as simple as they look, especially when it is about Muslims investing in ...

Qatar national convention centre in new partnership with Turkish Medyacity

2016-08-27
Doha: Turkish and Qatari companies completed an important cooperation agreement to increase the Turkish manufacturers’ export in the MENA (Middle East and North Africa) region. According to this agreement signed by Turkey’s Medyacity and Qatar National ...

New passenger fee added at Qatar's international airport

2016-08-28
DUBAI, United Arab Emirates – Qatar's main Hamad International Airport is adding a $10 fee for all passengers departing from the airport, including on connection flights. The decision, announced on Sunday, comes after the Middle East's busiest airport in ...

Qatar National Bank gets go-ahead to open branch in India

2016-08-28
Qatar National Bank (QNB) has been given approval to open a branch in India offering banking services, the Gulf region’s largest lender said on Sunday. The bank, which in June completed the 2.7bn euro purchase of Turkey’s Finansbank, has a presence in ...

Qatar to levy airport tax on passengers

2016-08-28
Every passenger leaving Qatar from Doha's Hamad International Airport, including transit passengers, will be charged 35 riyals (7.10 pounds) for using airport facilities, according to a statement by the airport. The charge will apply to tickets issued ...

Qatar’s International Airport Adds a New Fee for Passengers

2016-08-28
In years past Qatar would have just thrown some oil money around rather than added a fee. This a early sign that Gulf carriers, and the supportive transportation infrastructure supporting their growth, will spend less. — Jason Clampet Qatar’s main ...

New passenger fee added at Qatar's international airport

2016-08-28
DUBAI, United Arab Emirates – Qatar's main Hamad International Airport is adding a $10 fee for all passengers departing from the airport, including on connection flights. The decision, announced on Sunday, comes after the Middle East's busiest airport in ...

BENADOR: QATAR QUIETLY BUYING AMERICA’S CROWN PIECE: NYC

2016-08-28
Recently, the Qatar Investment Authority has invested $622 million in the Empire State Building. At first sight, it seems like no major news there. But, as usual, things are not as simple as they look, especially when it is about Muslims investing in ...

Qatar issues $12bn worth of sovereign debt

2016-08-28
DOHA: Amid lower-than-expected project spending and tighter liquidity, Qatar’s economy is cooling down to a steadier growth. The country’s growth slowed to 1.1 percent y/y in the first quarter of 2016 (Q1, 16) due to a contraction in oil output and ...

Security guard in Qatar in race of his life

2016-08-28
Kenyan runner Michael Douglas Ongeri poses for a photo in the Qatari capital Doha. Six days a week, after completing his 13-hour night shift as a security guard, Ongeri begins an eight kilometer walk to Aspire Park in central Doha to train on the track in ...

Qatar Charity campaign to help pilgrims

2016-08-28
Qatar Charity (QC) has launched its “Feed the Pilgrims” campaign for this year to help thousands of people in many countries. An amount of QR500,000 has been designated for this cause which aims to achieve social integration among Muslims during the ...

Qatar security guard in race of his life

2016-08-28
DOHA, QATAR: Kenyan security guard Michael Douglas Ongeri has a dream — and won’t be daunted by poverty, a 13-hour workday or training in Qatar’s searing heat, far from his family. Nor will he let the 11 kilometres (seven miles) he has to walk from ...

Qatar national convention centre in new partnership with Turkish Medyacity

2016-08-27
Doha: Turkish and Qatari companies completed an important cooperation agreement to increase the Turkish manufacturers’ export in the MENA (Middle East and North Africa) region. According to this agreement signed by Turkey’s Medyacity and Qatar National ...

Qatar National Bank Gets Nod To Open India Branch

2016-08-28
Doha: Qatar National Bank (QNB) has been given approval to open a branch in India offering banking services, the Gulf region's largest lender said on Sunday. The bank, which in June completed the 2.7-billion-euro purchase of Turkey's Finansbank, has a ...