🇶🇦🇩🇪🇮🇱— Qatari investors are blocking Volkswagen's proposed partnership with Israel's Rafael to manufacture components for the Iron Dome missile defense system at the company's Osnabrück plant, according to BILD.
➡️ Volkswagen signed a letter of intent with the Israeli state-owned defense company in late April as part of plans to repurpose the struggling factory. However, Qatar Investment Authority (QIA)—which holds a 10.4% stake in Volkswagen and controls 17% of the company's voting rights—has opposed the deal, citing strained relations between Qatar and Israel.
✨Ellinne
➡️ Volkswagen signed a letter of intent with the Israeli state-owned defense company in late April as part of plans to repurpose the struggling factory. However, Qatar Investment Authority (QIA)—which holds a 10.4% stake in Volkswagen and controls 17% of the company's voting rights—has opposed the deal, citing strained relations between Qatar and Israel.
✨Ellinne
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