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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

Brexit boost: Qatar will invest another $6 billion in U.K.

2017-03-27
Qatar is relaxed about Brexit. It has just announced plans to pour another $6 billion into the U.K. The gas-rich Gulf state has already invested about £40 billion ($50 billion) in Britain, where it owns a string of trophy assets including the Harrods ...

Qatar Wealth Fund's Expansion Undeterred by Brexit, Trump

2017-03-28
Qatar’s sovereign wealth fund plans to expand in the U.K. and the U.S., as top officials said long-term commercial opportunities would outweigh political uncertainty roiling the two countries. The gas-rich Gulf emirate will add 5 billion pounds ($6.3 ...

Qatar Air Chief Accelerates India Push, Plans New Routes to U.K.

2017-03-28
Qatar Airways Ltd. may order 100 new jetliners before the end of this year to power its push into India and also plans to announce two new routes to the U.K. even as the country prepares to exit the European Union, Chief Executive Officer Akbar Al Baker ...

Qatar Air chief bets on PM Modi, accelerates India push with 100 jets order

2017-03-28
by Christopher Jasper Qatar Airways Ltd. may order 100 new jetliners before the end of this year to power its push into India and also plans to announce two new routes to the U.K. even as the country prepares to exit the European Union, Chief Executive ...

Six things to do in Qatar this weekend (March 29 – April 1)

2017-03-28
From breaking out your eating pants for the Qatar International Food Festival to dancing the night away at a Beenie Man concert to checking out a new spring festival, there’s lots to do around town this weekend. The 8th annual edition of QIFF will ...

UK doubles Qatar trade fund

2017-03-28
The UK is doubling its trade finance funds for Qatar from £2.25bn to £4.5bn, in a move to support UK exporters and their Qatari buyers. The funds will be available from UK Export Finance (UKEF), for both the public and private sectors, as well as in ...

Qatar sees Brexit as chance to supply UK more gas: al-Sada

2017-03-28
Qatar sees Britain’s exit from the European Union as an opportunity to boost supplies of liquefied natural gas to the world’s fifth-largest economy and is open to investing in British energy assets, Qatar’s energy minister said. The Gulf state has ...

The Qatar e-Nature Semi Final Winners Announced

2017-03-28
Five schools from across Qatar have qualified for the finals of the Qatar e-Nature Schools Competition 2017. 63 students from 21private and independent schools participated in the semi-finals, which took place this last week at the Maymouna Primary ...

Qatar announces $6.28bn investment in Britain

2017-03-28
Britain is establishing a joint economic and trade committee to pave the way for a post-Brexit trade agreement with Gulf states, Prime Minister Theresa May said, as her government announced that Qatar has pledged to invest $6.28bn in the country.

Orbis Flying Eye Hospital teams up with Qatar to fight blindness

2017-03-28
The Orbis Flying Eye Hospital, a medical facility equipped with a classroom and operating theatre, which is assisting the Qatar Creating Vision initiative in India and Bangladesh, is receiving admiration from visitors here at the Premium Terminal located ...

Qatar Wealth Fund's Expansion Undeterred by Brexit, Trump

2017-03-28
Qatar’s sovereign wealth fund plans to expand in the U.K. and the U.S., as top officials said long-term commercial opportunities would outweigh political uncertainty roiling the two countries. The gas-rich Gulf emirate will add 5 billion pounds ($6.3 ...

Qatar set to invest £5bn in UK over next five years

2017-03-28
LONDON, United Kingdom (AFP) — Qatar will invest £5 billion in Britain within five years in a boost for the post-Brexit economy, Prime Minister Sheikh Abdullah bin Nasser bin Khalifa al-Thani announced Monday. “Over the next three to five years ...

UK's Theresa May vows to boost trade with Qatar

2017-03-28
British Prime Minister Theresa May has outlined her desire for a trade deal with Qatar once the UK leaves the European Union.

Qatar pledges over $6 billion in investment in Britain

2017-03-28
London: Qatar pledged £5 billion ($6.3 billion) of investment in Britain on Monday in a show of support for the world's fifth-largest economy just two days before Prime Minister Theresa May triggers formal Brexit talks. The Gulf state has £40 billion of ...

Six things to do in Qatar this weekend (March 29 – April 1)

2017-03-28
From breaking out your eating pants for the Qatar International Food Festival to dancing the night away at a Beenie Man concert to checking out a new spring festival, there’s lots to do around town this weekend. The 8th annual edition of QIFF will ...

The Qatar e-Nature Semi Final Winners Announced

2017-03-28
Five schools from across Qatar have qualified for the finals of the Qatar e-Nature Schools Competition 2017. 63 students from 21private and independent schools participated in the semi-finals, which took place this last week at the Maymouna Primary ...

UK doubles Qatar trade fund

2017-03-28
The UK is doubling its trade finance funds for Qatar from £2.25bn to £4.5bn, in a move to support UK exporters and their Qatari buyers. The funds will be available from UK Export Finance (UKEF), for both the public and private sectors, as well as in ...

Qatar Airways plans to buy 100 jetliners to launch airline in India

2017-03-28
Taking cues from Prime Minister Narendra Modi’s plans for the aviation sector, Qatar Airways is likely to order 100 new jetliners before 2017-end to enter India with a new airline, Bloomberg reported on Tuesday. Qatar Airways Chief Executive Officer ...

Brexit boost: Qatar will invest another $6 billion in U.K.

2017-03-28
DUBAI (CNNMoney) - Qatar is relaxed about Brexit. It has just announced plans to pour another $6 billion into the U.K. The gas-rich Gulf state has already invested about £40 billion ($50 billion) in Britain, where it owns a string of trophy assets ...

Qatar Holdings to sell 40 pct of Santander Brasil stake

2017-03-28
(Adds comments by Qatar Holdings, context, share move) SAO PAULO, March 28 (Reuters) - Qatar Holdings LLC has put as many as 80 million units of Banco Santander Brasil SA up for sale, liquidating 40 percent of its position after shares have ...