Sunday, March 29, 2009

Qatar to pump funds into German auto industry

Qatar plans to invest in the German automotive industry, making it the second Gulf Arab state to cast a friendly eye on the country's carmakers this week, Emir Sheikh Hamad bin Khalifa Al-Thani told a German magazine.

'But we have to find the right time and the right price,' the emir of Qatar said in an interview to be published in Der Spiegel on Monday.

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