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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

Middle East is ‘brimming with extremism’ but Qatar doesn’t support terrorism: Foreign minister

2017-11-24
"The Middle East was once a region of peace and co-existence but sadly it has transformed into a region of turbulence and extremism where terrorism flourishes," said Al-Thani Al-Thani's comments come amid an ongoing economic and transport blockade of Qatar ...

OPEC chatroom dead as Qatar crisis hurts Gulf oil cooperation

2017-11-23
DUBAI/LONDON (Reuters) - OPEC’s most powerful internal alliance, bringing together the oil producer group’s Gulf members, is disintegrating fast. As a six-month-old spat between Saudi Arabia and Qatar deepens, the organization’s Gulf ministers will ...

Qatar Museums to Stage Vast Show in Berlin Ignoring Blockade (and the Techno Club Next Door)

2017-11-23
Qatar might be blockaded by its Gulf neighbors but the kingdom’s contemporary art and artists are welcome in the German capital. Qatar Museums is bringing the Qatar-Germany Year of Culture to a close with a grand finale next month, staging a huge ...

Qatar says Middle East is BRIMMING with extremism and Gulf nation has had ENOUGH

2017-11-23
Sheikh Mohammed bin Abdulrahman al-Thani defended his country's record on extremism and insisted Qatar is assisting global counter-terrorist operations despite a growing list of groups allegedly backed by the Doha regime. Sheikh al-Thani said: "I come from ...

Qatar sees natural gas as ideal climate issue fix

2017-11-24
Natural gas is the ‘ideal solution’ to the climate change issue, according to Qatar’s minister of energy, Mohammad Bin Saleh Al-Sada. Unlike other fossil fuels, the use of natural gas as fuel would be beneficial to the environment, Al-Saada said at a ...

Qatar- Goan essence displayed at World Goa Day

2017-11-23
Doha, Qatar: As much as it was a day for Goans to focus, take pride and celebrate Goa's culture, language, traditions, music, and more, the World Goa Day event at Doha Qatar turned out be an enchanting and absorbing event too. The evening featured a ...

Arab countries blockading Qatar expand blacklist

2017-11-23
Two Islamic organisations and 11 individuals have been added to an existing "terror list" drawn up by four Arab countries that are blockading Qatar, claiming the entities and individuals are supported by Doha. State-run Saudi Press Agency issued a joint ...

Qatar calls for renewed push against ‘terror’ groups

2017-11-23
London, United Kingdom - Qatar's foreign minister Sheikh Mohammed bin Abdulrahman Al Thani has called on the international community to unite against groups like the Islamic State of Iraq and the Levant (ISIL). Al Thani told the audience at the ...

Nepali Women Slam Blockade On Qatar

2017-11-23
The illegal blockade on Qatar has entered its sixth month and the siege nations have been criticized from all the quarters for their unjust siege. Meanwhile, the Nepali community has stood by Qatar and have shown their solidarity with the country.

Qatar blockade a losing game for all of us, says finance minister

2017-11-23
Ali Shareef Al-Emadi, Qatari finance minister, speaks about how his country's economy is adapting to an embargo imposed by its Gulf neighbors.

Qatar calls for renewed push against ‘terror’ groups

2017-11-23
London, United Kingdom - Qatar's foreign minister Sheikh Mohammed bin Abdulrahman Al Thani has called on the international community to unite against groups like the Islamic State of Iraq and the Levant (ISIL). Al Thani told the audience at the ...

Middle East is ‘brimming with extremism’ but Qatar doesn’t support terrorism: Foreign minister

2017-11-24
"The Middle East was once a region of peace and co-existence but sadly it has transformed into a region of turbulence and extremism where terrorism flourishes," said Al-Thani Al-Thani's comments come amid an ongoing economic and transport blockade of Qatar ...

OPEC chatroom dead as Qatar crisis hurts Gulf oil cooperation

2017-11-23
DUBAI/LONDON (Reuters) - OPEC’s most powerful internal alliance, bringing together the oil producer group’s Gulf members, is disintegrating fast. As a six-month-old spat between Saudi Arabia and Qatar deepens, the organization’s Gulf ministers will ...

Qatar blockade a losing game for all of us, says finance minister

2017-11-23
Ali Shareef Al-Emadi, Qatari finance minister, speaks about how his country's economy is adapting to an embargo imposed by its Gulf neighbors.

Qatar says Middle East is BRIMMING with extremism and Gulf nation has had ENOUGH

2017-11-23
Sheikh Mohammed bin Abdulrahman al-Thani defended his country's record on extremism and insisted Qatar is assisting global counter-terrorist operations despite a growing list of groups allegedly backed by the Doha regime. Sheikh al-Thani said: "I come from ...

Qatar Says Committed to Official FX Rate After MSCI Proposal

2017-11-22
Qatar’s central bank said it will honor commitments to provide dollars to local and foreign investors at the official exchange rate, describing a proposal by index provider MSCI Inc. to use the offshore rate to value the country’s stocks as unjustified.

Arab States Blacklist Islamist Groups, Individuals in Qatar Boycott

2017-11-22
The four Arab countries boycotting Qatar added 11 more individuals and two other entities, including a major group of Islamist scholars, to their "terrorist" blacklists for the Gulf state, Saudi state news agency SPA reported on Thursday. The lists now ...

Who is the ‘Fox of Qatar’, one of the most dangerous men wanted for terror

2017-11-24
The ruling regime in Qatar, a known supporter of terrorism, appointed Diab as the director of the Qatar Red Crescent’s International Relief and Development Department, despite his historically frenzied handling of international issues. Observers noted ...

Qatar well-placed to meet rise in demand for LNG: Al-Sada

2017-11-23
He the Minister of Energy and Industry, Dr Mohamed bin Saleh al-Sada has said natural gas is the ideal solution to the climate change issue, resulting from the race to meet rising economic standards of living and industrial need of the growing population ...

Qatar Airways continues expansion in Europe and Russia with additional non-stop flights

2017-11-23
Qatar Airways has announced that it will increase daily frequencies to the Scandinavian capitals of Stockholm and Oslo, alongside the Italian cities of Milan and Rome. Due to an increase in demand to key European destinations, especially from the Asia ...