"We are looking forward to strengthening our position here in Germany," the chief executive of Qatar's sovereign wealth fund, Ahmad Mohamed Al-Sayed, told a gathering of German industry executives in Berlin.
Germany offers a highly skilled workforce and outstanding products, and Qatar — which also owns a stake in Porsche Automobil Holding SE — was looking for more investment opportunities and partners, he said.
German magazine Der Spiegel reported this month that members of Qatar's government met with German Economy Minister Philipp Roesler to discuss buying a 7.5 percent stake in European aerospace and defence company EADS from Daimler.
Daimler, however, said it had not been in touch with Qatar over selling its stake.
EADS has several sites in Germany, such as its Airbus aircraft assembly plant in Hamburg.
Qatar eyes more investment in Germany
Publication Date:
Tue, 2011-09-27 17:23
Taxonomy upgrade extras:
© 2024 SAUDI RESEARCH & PUBLISHING COMPANY, All Rights Reserved And subject to Terms of Use Agreement.