The Emirate of Qatar, the Volkswagen Group, Porsche Automobil Holding SE and the State of Lower Saxony wish to strengthen their cooperation, particularly in the fields of research, development and education. This was agreed on the occasion of a visit to Qatar, when the Crown Prince and Personal Representative of the Emir, His Highness Sheik Tamim bin Hamad bin Khalifa Al Thani, received a delegation of representatives from the Supervisory Board and Board of Management of Volkswagen AG and Porsche Automobil Holding SE and from the State of Lower Saxony. The delegation included Prof. Dr. Ferdinand K. Piëch, Dr. Wolfgang Porsche, Prof. Dr. Martin Winterkorn and Prime Minister Christian Wulff, and was accompanied by the German Ambassador Dr. Dirk Baumgartner. (continue reading…)
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His Excellency Sheikh Jassim Bin Abdulaziz Bin Jassim Al-Thani elected
On Friday, the annual general meeting of Porsche Automobil Holding SE, Stuttgart elected His Excellency Sheikh Jassim Bin Abdulaziz Bin Jassim Al-Thani (31) as a representative of Qatar Holding LLC, Doha, onto the supervisory board of the company. (continue reading…)
Contract signing seals the deal
This Friday, in a festive ceremony, Porsche Automobil Holding SE, Stuttgart, and Qatar Holding LLC (QH) signed an agreement signaling the entry of the Emirate of Qatar into the Porsche SE family. In the afternoon, the Chairman of the Supervisory Board of Porsche SE, Dr. Wolfgang Porsche, welcomed the high-ranking delegation from Qatar led by Prime Minister of the Emirate, Sheik Hamad ibn Jassim ibn Jabir Al-Thani, to the historical Porsche Villa located on Killesberg Hill outside of Stuttgart. There, in the presence of the Minister President of Baden-Württemberg, Günther Oettinger, the two men signed two contractual agreements.
The Financial Times Deutschland reported today, under the headline “Qatar’s Entry at Porsche Goes Wrong”, that Ferdinand Piëch had initially blocked the quick entry of the emirate at Porsche Automobil Holding SE. This information is incorrect.