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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 'fake news' spat divides Arab media

2017-05-25
Middle East media is having a fake news moment. At least four Arab states have blocked access to Qatari media, including international news channel Al Jazeera, in response to a disputed report about Iran. The spat began earlier this week when the official ...

Qatar hack, bloody Bahrain raid follow Trump's Mideast trip

2017-05-25
Qatar found itself on the defensive once again Thursday as more Arab nations blocked access to websites of its flagship Al-Jazeera news network, just days after U.S. President Donald Trump's Mideast visit positioned America squarely with Sunni Arab ...

Qatar to 'prosecute perpetrators' of QNA hacking

2017-05-25
Qatar has begun an inquiry into a cyberattack by hackers who posted fake remarks on its official media platforms by its ruler purportedly criticising US foreign policy. The incident comes just days after President Donald Trump met Gulf Arab leaders in ...

Cyberattack against Qatar puts fake news in focus

2017-05-25
"Fake news", decried by everyone from Donald Trump to Theresa May to Vladimir Putin, has now shown up in the broadcasts of Sky News Arabia and Al Arabiya news channels. Following the hacking of Qatar News Agency's website on Tuesday, when comments falsely ...

Flight Review: Qatar Airways First Class

2017-05-25
Qatar Airways is one of the best airlines in terms of quality and luxury. Most of their planes are new and with beautiful interiors, excellent entertainment units, and comfortable seats. Recently, I flew their first class product on their A380 plane en ...

Qatar Airways’ New QSuites Will Be Flying Soon

2017-05-25
In March Qatar Airways revealed their new business class product, which they’re calling Qsuites. The product looks stunning, as each seat will be a fully enclosed suite with direct aisle access. The way I see it, Qatar Airways already has the world’s ...

Qatar News Agency hacked

2017-05-25
Qatar said its official state news agency had been hacked and false statements attributed to its ruler had been posted. The statement was made on the official news agency's Twitter account, which asked the media not to publish the remarks that had been ...

"Qatar news hack" shows Arabs agree with Trump that Hamas is a terror group like ISIS

2017-05-25
But Gulf Arab media has not had any problem with it. Then came this story out of the Gulf: JEDDAH: Tensions rose in the Gulf on Tuesday after a series of controversial comments attributed to Qatar’s emir, in a row that led to the blocking of Doha-aligned ...

Qatar seeks to smooth ties with Gulf states after spat over "fake" criticism

2017-05-25
(Adds foreign minister quotes, Kuwait mediation offer, background) DOHA, May 25 (Reuters) - Qatar sought on Thursday to allay strains with fellow Gulf Arabs over its policy towards Iran and Middle East Islamist groups, days after the Sunni-ruled monarchies ...

Qatar QSuite Debut on London Heathrow Route

2017-05-25
Earlier this year, Qatar Airways unveiled what could be the most incredible business class hard product that has ever existed. Their CEO, Akbar al-Baker had been touting it for years, at some point mentioning that it would make First class redundant.

Qatar to 'prosecute perpetrators' of QNA hacking

2017-05-25
Qatar has begun an inquiry into a cyberattack by hackers who posted fake remarks on its official media platforms by its ruler purportedly criticising US foreign policy. The incident comes just days after President Donald Trump met Gulf Arab leaders in ...

Qatar 'fake news' spat divides Arab media

2017-05-25
Middle East media is having a fake news moment. At least four Arab states have blocked access to Qatari media, including international news channel Al Jazeera, in response to a disputed report about Iran. The spat began earlier this week when the official ...

Qatar hack, bloody Bahrain raid follow Trump's Mideast trip

2017-05-25
Qatar found itself on the defensive once again Thursday as more Arab nations blocked access to websites of its flagship Al-Jazeera news network, just days after U.S. President Donald Trump's Mideast visit positioned America squarely with Sunni Arab ...

Qatar Airways’ New QSuites Will Be Flying Soon

2017-05-25
In March Qatar Airways revealed their new business class product, which they’re calling Qsuites. The product looks stunning, as each seat will be a fully enclosed suite with direct aisle access. The way I see it, Qatar Airways already has the world’s ...

Flight Review: Qatar Airways First Class

2017-05-25
Qatar Airways is one of the best airlines in terms of quality and luxury. Most of their planes are new and with beautiful interiors, excellent entertainment units, and comfortable seats. Recently, I flew their first class product on their A380 plane en ...

"Qatar news hack" shows Arabs agree with Trump that Hamas is a terror group like ISIS

2017-05-25
But Gulf Arab media has not had any problem with it. Then came this story out of the Gulf: JEDDAH: Tensions rose in the Gulf on Tuesday after a series of controversial comments attributed to Qatar’s emir, in a row that led to the blocking of Doha-aligned ...

Qatar News Agency hacked

2017-05-25
Qatar said its official state news agency had been hacked and false statements attributed to its ruler had been posted. The statement was made on the official news agency's Twitter account, which asked the media not to publish the remarks that had been ...

Qatar seeks to smooth ties with Gulf states after spat over "fake" criticism

2017-05-25
(Adds foreign minister quotes, Kuwait mediation offer, background) DOHA, May 25 (Reuters) - Qatar sought on Thursday to allay strains with fellow Gulf Arabs over its policy towards Iran and Middle East Islamist groups, days after the Sunni-ruled monarchies ...

UK Prosecutors Delay Charging Decision on Barclays Qatar Fundraising to Mid-June

2017-05-25
LONDON — Britain's Serious Fraud Office said on Thursday that Barclays and its former senior bankers will not know until around mid-June whether they face criminal charges over a 2008 emergency fundraising from Qatar. The SFO has already delayed a ...

Gulf rift reopens as Qatar decries hacked comments by emir

2017-05-25
DUBAI (Reuters) - Qatar got into a war of words with some Gulf Arab allies on Wednesday after it said hackers had posted fake remarks by its emir against U.S. foreign policy, but their state-run media reported the comments anyway. The development suggested ...