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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 Primary Choir Competition announces Qatari Ambassador

2017-01-17
‘Qatar Primary School Choir of the Year’ (QPSCoY) is delighted to announce Qatari composer Dana Al Fardan as its Ambassador. Dana Al Fardan is also the founder and CEO of DNA Records, the first record label to be established in Qatar. DNA Records is ...

Qatar University to start course for athletes and footballers

2017-01-16
(MENAFN - The Peninsula) Qatar University (QU) will soon introduce an academic programme for talented athletes and football professionals in Qatar. A Memorandum of Understanding (MoU) was signed yesterday in this regard, between QU, Qatar Football ...

VIDEO: Watch Qatar Airways’ Maiden Flight Arrival into Krabi

2017-01-16
Qatar Airways was recently welcomed to the coastal gateway of Krabi, Thailand, with their inaugural flight from the international airport in Doha, Qatar. The Airbus A330-200 was greeted by a water salute to usher in the new four times weekly service to ...

Bollywood sensation Arijit Singh to perform live in Qatar

2017-01-16
Doha: Considered the voice of the new generation, Arijit Singh has gifted Bollywood with soul stirring songs such as Tum Hi Ho, Channa Mereya, Ae Dil Hai Mushkil, etc. The versatile singer will be performing in Doha for the first time next month.

Masdar in tie-up with Qatar Electricity, Nebras

2017-01-16
Masdar, Abu Dhabi’s renewable energy company, has signed a cooperation agreement with Qatar Electricity & Water Company (QEWC) and Nebras Power at Abu Dhabi Sustainability Week to develop renewable and sustainable energy projects. The agreement was ...

Qatar eyes investment in Nepal projects

2017-01-16
Nepal’s foreign minister Prakash Sharan Mahat said that Qatar is interested in investing in his country’s hydropower, hospitality, tourism and telecom sectors. On a three-day official visit to Doha last week, Mahat spoke at a reception at the ...

Qatar- QRCS team treats children with heart problems in Bangladesh

2017-01-16
(MENAFN - Gulf Times) Qatar Red Crescent Society's (QRCS) medical mission in Bangladesh has performed catheterisation operations for 25 children with congenital heart problems as part of the 11th version of its annual 'Little Hearts programme. The cases ...

MIDEAST STOCKS-Qatar strong, Saudi recovers, Egypt extends bull run

2017-01-16
* Saudi Cement, Jabal Omar, Albilad up on higher Q4 profits * Foreign funds continue building positions in Egypt By Celine Aswad DUBAI, Jan 17 Qatar's stock market rose to a multi-month high on Tuesday in the heaviest volume since late November, buoyed by ...

Gaza power crisis eases as Qatar donates $12 million to buy fuel

2017-01-16
GAZA An electricity crisis that has caused protests and unrest in the Gaza Strip eased on Monday after Qatar donated $12 million to buy fuel for the Palestinian enclave's lone power plant, officials said. For weeks, Gaza's population of 2 million has been ...

Qatar Rail reveals designs for LRT, Metro projects

2017-01-16
Both rail and tram rolling stock designs have been revealed. In a brief and enigmatic press release, Qatar Rail has revealed the design of both the tram for Qatar's Lusail Light Rail Transit and the coach for its Doha Metro. The authority announced that it ...

Gaza power crisis eases as Qatar donates $12 million to buy fuel

2017-01-16
GAZA An electricity crisis that has caused protests and unrest in the Gaza Strip eased on Monday after Qatar donated $12 million to buy fuel for the Palestinian enclave's lone power plant, officials said. For weeks, Gaza's population of 2 million has been ...

Qatar’s Primary Choir Competition announces Qatari Ambassador

2017-01-17
‘Qatar Primary School Choir of the Year’ (QPSCoY) is delighted to announce Qatari composer Dana Al Fardan as its Ambassador. Dana Al Fardan is also the founder and CEO of DNA Records, the first record label to be established in Qatar. DNA Records is ...

Qatar University to start course for athletes and footballers

2017-01-16
(MENAFN - The Peninsula) Qatar University (QU) will soon introduce an academic programme for talented athletes and football professionals in Qatar. A Memorandum of Understanding (MoU) was signed yesterday in this regard, between QU, Qatar Football ...

Qatar central bank sells QAR15bn in domestic bonds

2017-01-16
Qatar’s central bank sold QAR15bn ($4.1bn) of conventional and Islamic government bonds on Sunday in its first domestic government debt offer this year, a Qatar central bank official told Reuters on Tuesday. “We issued QAR7bn in bonds in an auction ...

Masdar in tie-up with Qatar Electricity, Nebras

2017-01-16
Masdar, Abu Dhabi’s renewable energy company, has signed a cooperation agreement with Qatar Electricity & Water Company (QEWC) and Nebras Power at Abu Dhabi Sustainability Week to develop renewable and sustainable energy projects. The agreement was ...

Qatar Rail reveals designs for LRT, Metro projects

2017-01-16
Both rail and tram rolling stock designs have been revealed. In a brief and enigmatic press release, Qatar Rail has revealed the design of both the tram for Qatar's Lusail Light Rail Transit and the coach for its Doha Metro. The authority announced that it ...

Pakistan villagers attack convoy of Qatar royal hunting rare bird

2017-01-15
QUETTA: A group of Pakistani villagers brandishing guns and knives attacked the convoy of a Qatar royal family member on an expedition to hunt the houbara bustard, a rare bird whose meat is prized by Arab sheikhs, officials said on Monday. The hunting ...

Vodafone Qatar launches fleet management service

2017-01-16
Vodafone Qatar has announced the launch of its Fleet Management service, a telematics service designed to track mobile assets and perform logistics management for companies aiming to enhance fleet productivity and tackle road safety issues. Launched in ...

VIDEO: Watch Qatar Airways’ Maiden Flight Arrival into Krabi

2017-01-16
Qatar Airways was recently welcomed to the coastal gateway of Krabi, Thailand, with their inaugural flight from the international airport in Doha, Qatar. The Airbus A330-200 was greeted by a water salute to usher in the new four times weekly service to ...

Qatar @Twitter team resolve issue

2017-01-16
I wrote over the weekend about a disappointing experience with Qatar Airways UK reservations office. Basically a time change out of Amsterdam meant a pretty unhelpful connection in Doha – the time change was 4 hours. I had planned a nice evening in a bed ...