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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 Just Unveiled the First A350-1000 — and It Could Put an End to Your In-flight Pet Peeves

2018-02-21
Qatar Airways added Airbus’s first A350-1000 aircraft to its fleet on Tuesday. The aircraft is also the first Airbus to feature Qatar’s Qsuites business class (it’s the 16th plane overall to have the suites). The plane has a capacity of 327 ...

Qatar and Chad restore relations, first since blockade

2018-02-21
Qatar and Chad have signed a Memorandum of Understanding (MoU) resuming diplomatic relations between the two countries, Qatar's foreign minister has said. Relations were severed in August after the start of a Saudi-led blockade against Qatar. The ...

Boteach should focus on changing Qatar, not on attacking Jewish efforts to do so

2018-02-21
I am deeply disappointed by my friend Rabbi Shmuley Boteach’s repeated vitriolic, distorted attacks on dedicated pro-Israel Jewish leaders who met with Qatari officials and the Qatari emir to urge changes in Qatari and Al Jazeera policies, for the ...

Bringing Qatar into the fold

2018-02-21
There are not too many Orthodox Jews who have been to both the United Arab Emirates and Qatar, let alone been welcomed as a guest of the government in both Persian Gulf States. I received criticism for visiting Qatar, as have other American Jewish leaders ...

Doha Cables wins $337m Qatar supply contract

2018-02-21
Doha Cables has been awarded a two-year contract worth QR1.24 billion ($337 million) by Qatar General Electricity and Water Corporation (Kahramaa) for supply of low- and medium-voltage electric cables. As per the deal, the Qatari firm will supply six types ...

Qatar Airways Becomes First Airline To Take Delivery Of Airbus A350-1000

2018-02-21
Qatar Airways loves having the newest technology when it comes to planes. In late 2014, Qatar Airways became the global launch customer for the A350-900, and I had the opportunity to attend the delivery ceremony in Toulouse. Yesterday Qatar Airways took ...

Chad and Qatar restore ties cut in wake of Arab states rift

2018-02-20
DOHA/N'DJAMENA (Reuters) - Chad and Qatar have restored diplomatic relations, their governments said, six months after the West African nation cut ties with Doha in the wake of a rift among Arab states. Chad closed Qatar's embassy and expelled its ...

Qatar Chamber hosts Moroccan exporters

2018-02-21
DOHA: Qatar Chamber board member Ali Abdullatif Al Misnad said that Qatar-Morocco relations saw substantial progress within the past years, particularly after the mutual visits of both countries’ leaderships. These visits helped in promoting cooperation ...

Julian Suri confident heading into Qatar Masters

2018-02-21
DOHA, Qatar - Having flirted with the lead in two PGA Tour events this year, Julian Suri is full of confidence entering the Qatar Masters starting Thursday. The 26-year-old American started 2017 on the European Challenge Tour but graduated to the main tour ...

Qatar Air CEO Calls on Trump to Intervene Against ‘Failed’ Blockade

2018-02-21
If Qatar Airways CEO Akbar Al Baker is holding out hope that Trump will side with Qatar over new best-friend Saudi Arabia, he may have a long wait despite the U.S. government’s strategic interests in Qatar. Qatar Airways Chief Executive Officer Akbar Al ...

Qatar and Chad restore relations, first since blockade

2018-02-21
Qatar and Chad have signed a Memorandum of Understanding (MoU) resuming diplomatic relations between the two countries, Qatar's foreign minister has said. Relations were severed in August after the start of a Saudi-led blockade against Qatar. The ...

Chad and Qatar restore ties cut in wake of Arab states rift

2018-02-20
DOHA/N'DJAMENA (Reuters) - Chad and Qatar have restored diplomatic relations, their governments said, six months after the West African nation cut ties with Doha in the wake of a rift among Arab states. Chad closed Qatar's embassy and expelled its ...

Qatar Just Unveiled the First A350-1000 — and It Could Put an End to Your In-flight Pet Peeves

2018-02-21
Qatar Airways added Airbus’s first A350-1000 aircraft to its fleet on Tuesday. The aircraft is also the first Airbus to feature Qatar’s Qsuites business class (it’s the 16th plane overall to have the suites). The plane has a capacity of 327 ...

Julian Suri confident heading into Qatar Masters

2018-02-21
DOHA, Qatar - Having flirted with the lead in two PGA Tour events this year, Julian Suri is full of confidence entering the Qatar Masters starting Thursday. The 26-year-old American started 2017 on the European Challenge Tour but graduated to the main tour ...

Boteach should focus on changing Qatar, not on attacking Jewish efforts to do so

2018-02-21
I am deeply disappointed by my friend Rabbi Shmuley Boteach’s repeated vitriolic, distorted attacks on dedicated pro-Israel Jewish leaders who met with Qatari officials and the Qatari emir to urge changes in Qatari and Al Jazeera policies, for the ...

BRIEF-Fitch Says Qatar Deficit Narrowing But Public Finance Risks Persist

2018-02-20
* FITCH SAYS RECENT DATA SHOW QATAR‘S FISCAL DEFICIT IS NARROWING DESPITE ECONOMIC “BOYCOTT” THAT BEGAN IN JUNE Source text for Eikon: Our Standards:The Thomson Reuters Trust Principles.

Doha Cables wins $337m Qatar supply contract

2018-02-21
Doha Cables has been awarded a two-year contract worth QR1.24 billion ($337 million) by Qatar General Electricity and Water Corporation (Kahramaa) for supply of low- and medium-voltage electric cables. As per the deal, the Qatari firm will supply six types ...

Qatar Air CEO Calls on Trump to Intervene Against ‘Failed’ Blockade

2018-02-21
If Qatar Airways CEO Akbar Al Baker is holding out hope that Trump will side with Qatar over new best-friend Saudi Arabia, he may have a long wait despite the U.S. government’s strategic interests in Qatar. Qatar Airways Chief Executive Officer Akbar Al ...

Jared Kushner-Qatar Redux: Robert Mueller Enters the Fray

2018-02-21
Special Counsel Robert Mueller is probing senior White House aide Jared Kushner’s attempts to secure financing for a distressed Manhattan property after the 2016 election, including pitches made to investment firms from China and Qatar, several news ...

Qatar Airways’ A350-1000 touches down in Doha

2018-02-21
Qatar Airways marked another global first today with the touchdown of the world’s first commercial passenger A350-1000 at its home and hub, Doha, where it will shortly commence commercial operations. After performing a celebratory fly-by over Doha’s ...