Friday 17 December 2010

AFP: Qatar eyeing more German investments: minister

Gas-rich Qatar, already heavily involved in car giant Volkswagen and construction group Hochtief, is eyeing further investments in Germany, Economy and Finance Minister Yussef Hussein Kamal said on Friday.

"We've only just begun in Germany," Kamal told the Financial Times Deutschland in an interview, adding the emirate has its eye on the IT sector and the small- and medium-sized firms that form the backbone of Europe's top economy.

Sovereign wealth fund Qatar Holding has an estimated 100 billion dollars under management.

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