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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

Saudi Foreign Minister at UN Demands Qatar Stop Terror Support

2017-09-23
Qatar’s support for terrorism has destabilized the region and Doha must stop its financing of terror groups, Saudi Arabia’s Foreign Minister Adel Al-Jubeir told leaders at the annual United Nations General Assembly. In a relatively restrained address ...

Somalia chides its regions for cutting ties with Qatar

2017-09-23
Somalia's government has rebuked its three semi-autonomous regions for cutting ties with Qatar, saying it was determined to stay neutral in the Gulf state's dispute with other Arab states. The region of Galmudug issued a statement on Wednesday saying it ...

War 'stopped' between Qatar, blockading Arab nations

2017-09-23
Kuwait's emir says military action by four Arab countries blockading Qatar has been averted as Trump changes his tone. President Trump walks to the podium with Kuwait leader Sheikh Sabah Al Ahmad Al Sabah on Thursday [Evan Vucci/AP] The emir of Kuwait says ...

How Qatar being forced to stop funding terrorism led to Hamas and Fatah reconciling

2017-09-23
Hamas’ announcement last week that it would be willing to hold talks with the rival Fatah was unexpected but not surprising. For weeks now, Palestinian political commentators have judged that Hamas’ position in Gaza would become increasingly precarious ...

Qatar appreciates Kuwait mediation in Gulf crisis

2017-09-22
NEW YORK: The Emir of Qatar Sheikh Tamim bin Hamad Al-Thani speaks during the 72nd session of the United Nations General Assembly at UN headquarters on Tuesday. — AP NEW YORK: Qatari Amir Sheikh Tamim Al-Thani said Tuesday he highly appreciated the ...

Qatar Rolls out Global Chauffeur Airport Transfer Service

2017-09-23
Qatar Airways has begun offering door-to-door chauffer-driven transfers for travellers in all classes in more than 85 destinations to which it flies. Offered in tandem with global chauffeur service, Blacklane, the service can be booked for a fee through ...

BAE rises on Qatar fighter jet pact

2017-09-23
BAE Systems was among the best performers of large UK stocks on Monday, climbing 3 per cent after Qatar said it struck a deal to buy two dozen British fighter jets. Qatar said on Sunday that it will buy the Eurofighter Typhoon aircraft from Britain ...

Qatar ready to help in rebuilding of Iraq: FM

2017-09-23
Foreign Minister HE Sheikh Mohamed bin Abdulrahman al-Thani has affirmed Qatar's readiness to support Iraq in order to restore the unity of its people, rebuild its damaged areas and restore its Arab, regional and international role. Addressing a high-level ...

Bahrain FM slams Qatar for its support of terrorism

2017-09-23
CAIRO – 24 September 2017: Bahrain had every sovereign right to take action against Qatar after Doha supported terrorist acts in Bahrain to overthrow the regime, said Bahraini Foreign Minister Sheikh Khalid bin Ahmed Al Khalifa in New York on Saturday.

'Qatar funding terror groups under guise of charities'

2017-09-23
The Arab Organisation for Human Rights in Britain and Europe has denounced Qatar's funding of terror groups under the guise of charity and relief works. The organisation urged the authorities, investigating the charity activities in the UK, to announce the ...

Somalia chides its regions for cutting ties with Qatar

2017-09-23
Somalia's government has rebuked its three semi-autonomous regions for cutting ties with Qatar, saying it was determined to stay neutral in the Gulf state's dispute with other Arab states. The region of Galmudug issued a statement on Wednesday saying it ...

How Qatar being forced to stop funding terrorism led to Hamas and Fatah reconciling

2017-09-23
Hamas’ announcement last week that it would be willing to hold talks with the rival Fatah was unexpected but not surprising. For weeks now, Palestinian political commentators have judged that Hamas’ position in Gaza would become increasingly precarious ...

Qatar Rolls out Global Chauffeur Airport Transfer Service

2017-09-23
Qatar Airways has begun offering door-to-door chauffer-driven transfers for travellers in all classes in more than 85 destinations to which it flies. Offered in tandem with global chauffeur service, Blacklane, the service can be booked for a fee through ...

Qatar appreciates Kuwait mediation in Gulf crisis

2017-09-19
NEW YORK: The Emir of Qatar Sheikh Tamim bin Hamad Al-Thani speaks during the 72nd session of the United Nations General Assembly at UN headquarters on Tuesday. — AP NEW YORK: Qatari Amir Sheikh Tamim Al-Thani said Tuesday he highly appreciated the ...

Qatar's takeover of World Cup dwarfs Sochi Olympics excess

2017-09-22
The story of this summer in the soccer world was Paris Saint-Germain, which signed both Neymar and Kylian Mbappé. PSG bought the former from Barcelona for something in the neighborhood of $265 million, and the latter from Monaco for a bargain-price $210 ...

Bahrain FM slams Qatar for its support of terrorism

2017-09-23
CAIRO – 24 September 2017: Bahrain had every sovereign right to take action against Qatar after Doha supported terrorist acts in Bahrain to overthrow the regime, said Bahraini Foreign Minister Sheikh Khalid bin Ahmed Al Khalifa in New York on Saturday.

Qatar, Saudi Arabia's Public Relations War Heats Up During UN General Assembly

2017-09-21
With the United Nations General Assembly in session in New York, countries’ lobbying operations in the U.S. are in full swing. Qatar has taken pole position in a public relations arms race against Saudi Arabia, which has been advancing the charge that ...

Qatar 2022 an opportunity to highlight peaceful nature of Arab World: FM

2017-09-23
New York:Qatar's Foreign Minister HE Sheikh Mohammed bin Abdulrahman Al-Thani said today that the 2022 FIFA World Cup is a first and foremost opportunity for the Arab world and the Middle East to highlight the true and peaceful nature of the rest of the world.

Bahrain FM: We moved against Qatar over its support for terrorism

2017-09-23
Bahrain’s Foreign Minister told the United Nations General Assembly that his country took action against Qatar over the latter’s support and financing of terrorism. “Unfortunately, terrorism has become a tool of nations who use it to destabilize the ...

Qatar Airways just launched the world's first double beds in business class from £2,900 one-way — take a look

2017-09-22
The new "Qsuite" is being hailed as a "first class product in business." instagram/skylordtravel Qatar Airways has just unveiled the world's first double beds on business class flights from London Heathrow bound for Doha. The new "Qsuite" product allows ...