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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

Adrian Otaegui leads Qatar Masters by 1 shot

2018-02-23
DOHA, Qatar (AP) Adrian Otaegui birdied his last three holes and carded a 6-under-par 66 to take a one-shot lead at the Qatar Masters on Friday. Otaegui moved to 11-under overall after the second round and clear of four players tied for second at Doha Golf ...

Qatar says Gaza aid spares Israel war, shows Doha does not back Hamas

2018-02-22
JERUSALEM - Qatar is helping Israel avoid another Gaza war by funneling relief money to impoverished Palestinians with Washington's blessing, a Qatari diplomat said on Thursday, describing the cooperation as evidence of Doha's distance from Islamist Hamas.

Review: Qatar Airways Business Class A320 Yerevan To Doha

2018-02-23
As you can see, the above flight times are the originally scheduled ones, and don’t reflect the nearly 10 hour delay. Upon boarding I was welcomed by Kulwant, the friendly cabin manager from India, who escorted me to my seat. Qatar Airways has two A320 ...

Qatar to plant 16,000 trees to spruce up World Cup venues

2018-02-22
Desert country Qatar will plant at least 16,000 trees in a bid to "beautify" its eight planned 2022 World Cup stadiums, tournament organisers said on Thursday. The trees, a mixture of local specimens and other varieties imported from China, Spain and ...

Indian jeweller thanks Qatar clientele for good patronage

2018-02-23
Sanjay Shenoy shows a diamond set, consisting of necklace, bracelet, rings and earrings at Shenoy Jewellery at Pari Gallery pavilion at Doha Jewellery and Watches Exhibition yesterday. PICTURE: Shemeer Rasheed Shenoy Jewellery from India, a participant of ...

Otaegui surges into slender lead in Qatar

2018-02-23
Adrian Otaegui finished with a flourish to take a one-shot lead at the halfway mark in the Qatar Masters. The Spaniard, who won his only European Tour title at the Paul Lawrie Match Play last year, birdied the last three holes to card a six-under 66 and ...

David and Goliath: How Qatar Defeated the Saudi and UAE Annexation Plot

2018-02-22
Doha—On June 5, 2017, the potentates of Saudi Arabia and the United Arab Emirates, fabulously wealthy oil monarchies, attempted a hostile takeover of the small country of Qatar. Not since Iraq’s Saddam Hussein invaded Kuwait on August 2, 1990 ...

Pepperell among co-leaders early in Qatar

2018-02-22
DOHA, Qatar – Eddie Pepperell, Gregory Havret, and Aaron Rai made the most of calm early morning conditions at Doha Golf Club to set the pace in the opening round of the Qatar Masters at 7-under-par 65 on Thursday. Havret went bogey free, Pepperell made ...

Julian Suri misses putt from less than a foot during Qatar Masters

2018-02-23
Julian Suri produced an early contender for miss of the year after a shocking mistake during the opening round of the Commercial Bank Qatar Masters. The American missed the cut by a single stroke after rounds of 74 and 67 at Doha GC, with one careless ...

Spain's Otaegui leads at Qatar halfway stage

2018-02-23
Three birdies on the final three holes gave Spain's Adrian Otaegui a one shot lead at the halfway stage of the Qatar Masters on Friday. His grandstand finish gave him a round of 66 for the day and leaves him at eleven under par, one shot ahead of a group ...

Adrian Otaegui leads Qatar Masters by 1 shot

2018-02-23
DOHA, Qatar (AP) Adrian Otaegui birdied his last three holes and carded a 6-under-par 66 to take a one-shot lead at the Qatar Masters on Friday. Otaegui moved to 11-under overall after the second round and clear of four players tied for second at Doha Golf ...

Qatar says Gaza aid spares Israel war, shows Doha does not back Hamas

2018-02-22
JERUSALEM - Qatar is helping Israel avoid another Gaza war by funneling relief money to impoverished Palestinians with Washington's blessing, a Qatari diplomat said on Thursday, describing the cooperation as evidence of Doha's distance from Islamist Hamas.

Ireland eyes tie-up to ‘revolutionise’ Qatar education

2018-02-23
Ciaran Cannon has worked closely with teachers and industry leaders to introduce computer science as a subject in Irish schools. Ireland is ready to share its expertise with Qatar in creating modern, high-tech and innovative classrooms through its ...

Qatar to plant 16,000 trees to spruce up World Cup venues

2018-02-22
Desert country Qatar will plant at least 16,000 trees in a bid to "beautify" its eight planned 2022 World Cup stadiums, tournament organisers said on Thursday. The trees, a mixture of local specimens and other varieties imported from China, Spain and ...

Otaegui surges into slender lead in Qatar

2018-02-23
Adrian Otaegui finished with a flourish to take a one-shot lead at the halfway mark in the Qatar Masters. The Spaniard, who won his only European Tour title at the Paul Lawrie Match Play last year, birdied the last three holes to card a six-under 66 and ...

David and Goliath: How Qatar Defeated the Saudi and UAE Annexation Plot

2018-02-22
Doha—On June 5, 2017, the potentates of Saudi Arabia and the United Arab Emirates, fabulously wealthy oil monarchies, attempted a hostile takeover of the small country of Qatar. Not since Iraq’s Saddam Hussein invaded Kuwait on August 2, 1990 ...

Julian Suri misses putt from less than a foot during Qatar Masters

2018-02-23
Julian Suri produced an early contender for miss of the year after a shocking mistake during the opening round of the Commercial Bank Qatar Masters. The American missed the cut by a single stroke after rounds of 74 and 67 at Doha GC, with one careless ...

Former USC player Sean Crocker in contention at Qatar Masters

2018-02-23
Former USC player Sean Crocker is finding out why Peter Uihlein and Brooks Koepka decided to serve an apprenticeship on the European Tour before graduating to the PGA Tour. And he, too, might take his place among the PGA Tour’s best with a win under his ...

Spain's Otaegui leads at Qatar halfway stage

2018-02-23
Three birdies on the final three holes gave Spain's Adrian Otaegui a one shot lead at the halfway stage of the Qatar Masters on Friday. His grandstand finish gave him a round of 66 for the day and leaves him at eleven under par, one shot ahead of a group ...

US must understand Qatar feud to settle it

2018-02-23
Last June, a quartet of staunch U.S. allies in the Middle East — Saudi Arabia, the United Arab Emirates, Egypt and Bahrain — launched a boycott of another key U.S. partner, Qatar. President Donald Trump rushed to take the Saudi side with a tweet ...