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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.

oxfordbusinessgroup








8 Qatar schools receive prestigious ECO-Schools Programme Awards from Doha Bank

  Annual programme aims at encouraging students and schools across Qatar to contribute to environmental protection

  Doha Bank launches new ECO-Schools logo to better reflect programme objectives



DOHA BANK CEO HONOURED WITH "GREEN ECONOMY VISIONARY AWARD" AT UAB SUMMIT





MYTHS BY AMOUAGE




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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 national convention centre in new partnership with Turkish Medyacity

2016-08-27
Doha: Turkish and Qatari companies completed an important cooperation agreement to increase the Turkish manufacturers’ export in the MENA (Middle East and North Africa) region. According to this agreement signed by Turkey’s Medyacity and Qatar National ...

Qatar security guard in race of his life

2016-08-27
Kenyan security guard Michael Douglas Ongeri has a dream -- and won't be daunted by poverty, a 13-hour workday or training in Qatar's searing heat, far from his family. Nor will he let the 11 kilometres (seven miles) he has to walk from work to the track ...

Desert dreamer brings winter sport to Qatar

2016-08-27
CNN's Jon Jensen meets a man trying to make curling take off in one of the world's hottest countries.

Expatriate groups step in to help amnesty seekers

2016-08-27
DOHA: Several expatriate organisations have come out to help their community members benefit from a three-month amnesty in Qatar which takes effect from September 1. Community sources say the amnesty has come as a boon to the presumably high number of ...

Qatar’s trade surplus in July at QR6.7bn

2016-08-27
DOHA: Qatar’s trade surplus (in goods) in July 2016 stood at QR6.7bn, down by QR1.54bn, or 18.8 percent, compared to QR8.24bn registered during the previous month, data released by the Ministry of Development Planning and Statistics show. However, when ...

Qatar's Barzan gas project to start in November

2016-08-27
Qatar will begin operations at its Barzan gas project in November, two people close to the matter told Reuters on Sunday, as the Gulf state strives to meet rising domestic energy demand as it prepares to host the soccer World Cup in 2022. The $10 billion ...

Qatar’s Hamad Airport to charge new exit tax on passengers

2016-08-27
Qatar, Aug 28: Now passengers flying out of Qatar will soon be required to pay an additional QR35 “departure charge,” airport operator Qatar Airways has told travel agents. In a circular distributed last week, agencies were advised that Hamad ...

KidzMondo Doha, Hempel pen educational deal

2016-08-27
RELATED ARTICLES: Contractor to open attraction at KidzMondo Doha | KidzMondo Doha and UrbaCon sign deal | Saudi to build KidzMondo theme park in Riyadh Qatar’s first miniature edutainment city, KidzMondo Doha, has signed a partnership agreement with ...

Sabre welcomes new country manager for Qatar

2016-08-27
Global travel technology leader Sabre Corporation has appointed Ghassan Abu Khalaf as its new country manager for Qatar, to lead its operations and deploy Sabre’s expansion strategy across the country. With more than 20 years’ experience working for ...

Doha Bank opens branch in Kerala

2016-08-27
Qatar’s Doha Bank recently opened a branch in Kochi in the Indian state of Kerala. Kerala’s Chief Minister Pinarayi Vijayan inaugurated the branch at Lulu International Shopping Mall in Edapally. Dr R Seetharaman, CEO, Doha Bank, said: “The IMF July ...

Qatar earth-moving equipment market set to grow 5%

2016-08-27
Qatar earth-moving equipment market is expected to grow at a compound annual growth rate (CAGR) of over 5% during 2016-2021, according to a new report. While Qatar is one of the smallest countries in the GCC region in terms of population and geographical ...

Qatar Football Association backs official after FIFA investigator seeks ban

2016-08-27
A FIFA statement did not detail what the inquiry concerned but said it was not linked to the awarding of the 2022 soccer World Cup to Qatar - one of the targets of a series of wider investigations into corruption within FIFA that have rocked global soccer ...

Qatar national convention centre in new partnership with Turkish Medyacity

2016-08-27
Doha: Turkish and Qatari companies completed an important cooperation agreement to increase the Turkish manufacturers’ export in the MENA (Middle East and North Africa) region. According to this agreement signed by Turkey’s Medyacity and Qatar National ...

Qatar's Barzan gas project to start in November

2016-08-27
Qatar will begin operations at its Barzan gas project in November, two people close to the matter told Reuters on Sunday, as the Gulf state strives to meet rising domestic energy demand as it prepares to host the soccer World Cup in 2022. The $10 billion ...

Qatar’s trade surplus in July at QR6.7bn

2016-08-27
DOHA: Qatar’s trade surplus (in goods) in July 2016 stood at QR6.7bn, down by QR1.54bn, or 18.8 percent, compared to QR8.24bn registered during the previous month, data released by the Ministry of Development Planning and Statistics show. However, when ...

Qatar’s Hamad Airport to charge new exit tax on passengers

2016-08-27
Qatar, Aug 28: Now passengers flying out of Qatar will soon be required to pay an additional QR35 “departure charge,” airport operator Qatar Airways has told travel agents. In a circular distributed last week, agencies were advised that Hamad ...

Qatar security guard in race of his life

2016-08-27
Kenyan security guard Michael Douglas Ongeri has a dream -- and won't be daunted by poverty, a 13-hour workday or training in Qatar's searing heat, far from his family. Nor will he let the 11 kilometres (seven miles) he has to walk from work to the track ...

KidzMondo Doha, Hempel pen educational deal

2016-08-27
RELATED ARTICLES: Contractor to open attraction at KidzMondo Doha | KidzMondo Doha and UrbaCon sign deal | Saudi to build KidzMondo theme park in Riyadh Qatar’s first miniature edutainment city, KidzMondo Doha, has signed a partnership agreement with ...

Qatar hits back at FIFA over possible ban for official

2016-08-27
Doha (AFP) - Qatar Football Association on Saturday backed its vice president Saoud Al-Mohannadi and took aim at FIFA after the governing body called for a two-and-a-half-year ban against the senior official. On Friday, FIFA's ethics commission recommended ...

The Pearl Qatar: freehold to be available soon

2016-08-27
Come 2022, Qatar will be the first Gulf nation to host the FIFA World Cup for which it will build nine eco-friendly iconic stadiums, some of which can host up to 80,000 people. The Pearl Qatar in Doha is an artificial island spanning nearly four million ...