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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.
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Qatar Doha News News

Qatar-bound Dulles flight makes emergency landing off Portuguese coast

2016-12-04
A Qatar Airways flight that departed Dulles International Airport on Saturday night made an unscheduled landing on an island off the Portuguese mainland early Sunday, according to passengers and a flight-tracking website. The flight, which was headed for ...

Qatar news outlet scales back output after website blocked

2016-12-03
DUBAI, United Arab Emirates – A popular news website in Qatar is scaling back operations days after authorities blocked access in what the company describes as an act of censorship. Doha News publisher Omar Chatriwala said in a statement Sunday that the ...

OIL - Qatar And OPEC

2016-12-03
Sharp increase of oil price at the beginning of December. Qatar stock market changes. How will the OPEC conference influence the rate of oil production? Changeable volumes of oil export in October – November. Qatar is one of the richest countries.

Qatar and South Korea to enhance cooperation

2016-12-04
(MENAFN - The Peninsula) The Higher Joint Committee for Strategic Cooperation between Qatar and South Korea held its fourth meeting in the Korean capital Seoul which was chaired by Minister of Energy and Industry H E Dr Mohammed bin Saleh Al Sada, and ...

Qatar and India seek investments from each other

2016-12-03
HE the Prime Minister and Interior Minister Sheikh Abdullah bin Nasser bin Khalifa al-Thani and Indian Prime Minister Narendra Modi shake hands prior to a meeting in New Delhi yesterday. Qatar and India yesterday reviewed bilateral relations with both ...

India To Train Qatari Police For 2022 FIFA World Cup

2016-12-03
New Delhi: India will train Qatar's police for the FIFA World Cup 2022. This was agreed upon during a meeting between Qatari Prime Minister Sheikh Abdullah Bin Nasser Bin Khalifa Al Thani and Home Minister Rajnath Singh in Delhi on Saturday. The Prime ...

Qatar- Psychiatry Hospital sees rise in cases

2016-12-04
(MENAFN - The Peninsula) Around 100 people with severe mental health problems are seen at the Hamad Medical Corporation's (HMC) Psychiatry Hospital on a daily basis, said a senior official yesterday. These patients seen at the out-patient clinic of the ...

India, Qatar sign key deals on visas, cyberspace, investments

2016-12-04
India and Qatar have signed four agreements on visas, cyberspace and investments following delegation-level talks led by Prime Minister Narendra Modi and his Qatari countepart Sheikh Abdullah bin Nasser bin Khalifa Al Thani. India enjoys close and friendly ...

QSE extends rally to break 10,000 resistance level

2016-12-04
The Qatar Stock Exchange on Sunday opened the week on a stronger note with its key index breaking the 10,000 resistance level, mainly lifted by realty and consumer goods stocks. Selling pressure from local retail investors and domestic institutions ...

Qatar Duty Free opens new Omega store

2016-12-04
Qatar Duty Free has opened a new Omega store, providing travellers to Hamad International Airport (HIA) Doha with the latest collections from one of the world’s greatest Swiss watchmakers, and further expanding the range of high-end boutiques on offer to ...

Qatar-bound Dulles flight makes emergency landing off Portuguese coast

2016-12-04
A Qatar Airways flight that departed Dulles International Airport on Saturday night made an unscheduled landing on an island off the Portuguese mainland early Sunday, according to passengers and a flight-tracking website. The flight, which was headed for ...

Partnerships with local businesses to foster entrepreneurship: Qatar Shell

2016-12-03
Qatar Shell said it will integrate four local small and medium enterprises (SMEs) into its supply chain as it stressed that partnerships with local businesses “foster entrepreneurship at all levels.” The four SMEs will sign contracts with Qatar Shell ...

Qatar Airways US expansion a ‘punch on the nose’ says embittered Open Skies contingent

2016-12-04
In response to Qatar Airways’ planned expansion to eight new cities, including Las Vegas, NV, the Partnership for Open & Fair Skies issued the following statement. “The new Qatar Airways Las Vegas-Doha route is one more punch in the nose to the United ...

Qatar News Outlet Scales Back Output After Website Blocked

2016-12-03
DUBAI, United Arab Emirates — A popular news website in Qatar is scaling back operations days after authorities blocked access in what the company describes as an act of censorship. Doha News publisher Omar Chatriwala said in a statement Sunday that the ...

India, Qatar sign key deals on visas, cyberspace, investments

2016-12-04
India and Qatar have signed four agreements on visas, cyberspace and investments following delegation-level talks led by Prime Minister Narendra Modi and his Qatari countepart Sheikh Abdullah bin Nasser bin Khalifa Al Thani. India enjoys close and friendly ...

Qatar- HH Personal Representative of HH the Emir Leaves UAE

2016-12-04
(MENAFN - Qatar News Agency) Abu Dhabi, December 03 (QNA) - HH Sheikh Jassim bin Hamad Al-Thani, Personal Representative of HH the Emir, left the UAE capital Abu Dhabi, after participating in the closing session of the Conference on Safeguarding Endangered ...

Qatar accused of blocking news website

2016-12-03
Amnesty International swiftly condemned the move as "alarming" and urged Qatari authorities to "immediately reverse the blocking of Doha News". A censorship row is likely to be embarrassing for the Qatari authorities as they face constant international ...

India, Qatar ink agreements in various fields including investments, cyberspace: MEA

2016-12-02
India and Qatar on Saturday signed agreements in various fields including visas, cyberspace and investments, Ministry of External Affairs said. Besides, a MoU aimed at encouraging greater collaboration and exchange in field of national ports management of ...

MCC Qatar attracts maximum donors in successful blood campaign

2016-12-03
Doha/Qatar, 04 Dec 2016: Mangalore Cricket Club (MCC), a socio-cultural organization reached out to its community in a noble initiative organizing a blood donation campaign at Hamad Medical Corporation Blood Bank unit here on Friday, December 2. This ...

Qatar’s Foreign Minister: Saudi Arabia Represents Arab, Gulf Strategic Depth

2016-12-03
Doha- Qatari Foreign Minister Sheikh Mohammed bin Abdulrahman al-Thani welcomed the visit of Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud to Doha as part of his Gulf tour that kicked off on Saturday in the UAE. The Qatari foreign ...