Qatar is seriously contemplating to take a stake in Porsche

The Prime Minister of Qatar, Sheikh Hamad bin Jassem al-Thani, was reported by a local publication as saying that Qatar is seriously contemplating to take a stake in the famous sports car maker Porsche.

As it looks for more investments abroad, Qatar may also invest in other car companies. The official news agency of Qatar said that the Prime Minister is considering auto companies, including those of the German brand. Sheikh Hamad is quoted as saying that they are looking into this possibility but they have not yet finalized anything since there are still meetings to be scheduled. The first to report on this was the German magazine Focus which it did early this week.
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993Turbo - 4/30/2009 6:58:41 AM

+2 Boost

Take GM, Chrysler please. Leave Porsche alone.

sector - 5/1/2009 12:20:12 AM

+1 Boost

they should buy asap, I mean, what'll happen when the oil money is no more, they need something to fall back on right? they don't produce anything.