Qatar plans to invest billions of dollars more in Germany and will broaden its focus to the country’s medium-sized companies, business newspaper Handelsblatt said in a report due to be published today.
Citing diplomatic and company sources, the paper said that the Qatar Investment Authority (QIA) and private sector players would be looking at Germany’s “Mittelstand” manufacturing companies.
“We see Germany as a key player in the world economy and are looking at the German market with great optimism,” Handelsblatt quoted Qatar’s Minister of Finance HE Ali Sherif al-Emadi as saying.
“Our delegation will be announcing big new investments,” he said in an interview in the Handelsblatt report ahead of a Qatar Germany Business and Investment Forum in Berlin on September 7.
Qatar, the world’s biggest exporter of liquefied natural gas (LNG), has shareholdings in companies including Volkswagen, Deutsche Bank, Siemens, Hochtief and SolarWorld.
Source: Gulf Times
Follow us on our social media channels:
@ILQlive
@ILQlive
@ILoveQtr
ILoveQatar
You have successfully registered your account!
Please confirm your e-mail address by clicking on the URL sent to you.The e-mail usually arrives in 5-10 minutes.
How ajeeb was that!? Thanks for contributing to our community! Your post will appear after we take a quick look!
