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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's QVC integrated with Qapco

2017-02-26
Qatar Petroleum (QP) today announced a plan to integrate the activities of Qatar Vinyl Company (QVC), which is part of Mesaieed Petrochemical, into Qatar Petrochemical Company (Qapco), which is part of Industries Qatar, through a service agreement arrangement.

2017 Qatar MXGP Results

2017-02-26
Antonio Cairoli fired the first shot in the 2017 FIM Motocross World Championship with a double win in the MXGP class at Qatar. Photography by Ray Archer/KTM Images Cairoli led from start to finish in the first MXGP moto but had to work a little harder in ...

Mawaqif Qatar wins giant car park contract

2017-02-25
Msheireb Properties, a subsidiary of Qatar Foundation, said it has signed up Mawaqif Qatar to operate and manage car parking facilities at Msheireb Downtown Doha (MDD), an urban regeneration development located in the heart of the capital. As per the deal ...

Qatar GP: Here is the decision that has angered drivers

2017-02-26
Qatar GP – The decision shall be final. The Qatar GP will take place even in case of rain. After careful inspection and analysis carried out by race direction, it was decided that pilots will take to the track during the Asian race even in case of rain.

QSE climbs 12 points on domestic institutions’ buying support

2017-02-26
Telecom, bank, industrials and insurance counters witnessed higher than average demand to lift the 20-stock Qatar Index 0.11% to 10,937.07 points. Buying support from domestic institutions and non-Qatari individual investors helped Qatar Stock Exchange ...

Qatar Petroleum says QAPCO to operate QVC

2017-02-26
KHOBAR, Saudi Arabia, Feb 26 (Reuters) - Qatar Petrochemical Company (QAPCO) will operate the activities of Qatar Vinyl Company (QVC) through a service agreement by the end of the year, Qatar Petroleum (QP) said on Sunday. QVC is part of Mesaieed ...

Marc Marquez dislocates shoulder during private Honda MotoGP test

2017-02-26
The Spaniard sustained a dislocated shoulder, but Honda confirmed that it does not expect him to miss the next private test in Qatar prior to the start of the season. “Medical checks show neither further damage nor any other injuries, and the rider from ...

Always Compare SPG vs. Marriott Rewards Redemption Values – You Might Be Surprised!

2017-02-26
I’m going to stay a few nights in Doha next week and decided to go for a points redemption this time as the rates in Qatar are really quite high and found huge discrepancies between SPG & Marriott Rewards. As we’ve covered multiple times already you ...

10 Blogging Lessons I Learned in Doha Qatar

2017-02-25
Me. Chilling by the Corniche in Doha, Qatar. Tick tock. Tick tock. As I write these words the internet has been out for the past 3 hours. I have a client call in 50 minutes. Of course, over the past month we spent here the internet went down for 1 hour total.

Qatar University to capture and recycle organic gas

2017-02-26
Doha: Qatar University College of Engineering (QU-CENG) yesterday signed a Memorandum of Understanding (MoU) with the Ministry of Municipality and Environment (MME) to establish collaboration on the exchange of information and consultancy on the recent ...

BRIEF-Qatar Insurance approves issuance of Tier 2 bonds by unit

2017-02-25
* Board approves issuance of Tier 2 bonds by unit Qatar Reinsurance * Unit Qatar Reinsurance mandates banks to issue Tier 2 bonds Source:(bit.ly/2lTpH7Q) Further company coverage: Next In Financials

Qatar's QVC integrated with Qapco

2017-02-26
Qatar Petroleum (QP) today announced a plan to integrate the activities of Qatar Vinyl Company (QVC), which is part of Mesaieed Petrochemical, into Qatar Petrochemical Company (Qapco), which is part of Industries Qatar, through a service agreement arrangement.

2017 Qatar MXGP Results

2017-02-26
Antonio Cairoli fired the first shot in the 2017 FIM Motocross World Championship with a double win in the MXGP class at Qatar. Photography by Ray Archer/KTM Images Cairoli led from start to finish in the first MXGP moto but had to work a little harder in ...

Inside Richard Keys' luxury Qatar villa - including a model Titanic that could be a perfect metaphor for his doomed marriage sunk by a 28-year-old blonde lawyer

2017-02-24
The luxury villa in Qatar that is now home for Richard Keys may represent a new start for the former Sky Sports presenter. But a large model of the Titanic, that was a gift from his wife, could be closer to a metaphor for his failed marriage than he would ...

Qatar Petroleum says QAPCO to operate QVC

2017-02-26
KHOBAR, Saudi Arabia, Feb 26 (Reuters) - Qatar Petrochemical Company (QAPCO) will operate the activities of Qatar Vinyl Company (QVC) through a service agreement by the end of the year, Qatar Petroleum (QP) said on Sunday. QVC is part of Mesaieed ...

Mawaqif Qatar wins giant car park contract

2017-02-25
Msheireb Properties, a subsidiary of Qatar Foundation, said it has signed up Mawaqif Qatar to operate and manage car parking facilities at Msheireb Downtown Doha (MDD), an urban regeneration development located in the heart of the capital. As per the deal ...

Qatar GP: Here is the decision that has angered drivers

2017-02-26
Qatar GP – The decision shall be final. The Qatar GP will take place even in case of rain. After careful inspection and analysis carried out by race direction, it was decided that pilots will take to the track during the Asian race even in case of rain.

President Ilham Aliyev arrived in Qatar for official visit

2017-02-26
President of the Republic of Azerbaijan Ilham Aliyev has today arrived in the State of Qatar for an official visit. A ceremonial guard of honor was lined up for President Ilham Aliyev at Hamad International Airport in Doha, which was decorated with the ...

Qatar Petroleum to merge QVC and Qapco

2017-02-26
DOHA: Qatar Petroleum (QP) today announced a plan to integrate the activities of Qatar Vinyl Company (QVC) into Qatar Petrochemical Company (Qapco) through a service agreement arrangement. The result will form a single company, Qapco, operating the ...

Qatar Airways Reverses Ridiculous Oneworld Transfer Baggage Rules

2017-02-25
According to an exclusive on Australian Business Traveller, Qatar Airways are no longer going to adhere to the draconian oneworld alliance rules on transfer baggage. This is excellent news indeed, especially for people like me who have upcoming travel with ...