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| Israel-Palestine-Jordan |
| Qatar vetoes Volkswagen deal with Israeli defense company Rafael in Germany - report |
| 2026-07-13 |
| [JP] Qatar, which for years was considered a major financial supporter of Hamas in the Gaza Strip, opposes the proposed production of weapons components intended solely to defend Israel against rocket attacks. The Qatar Investment Authority (QIA), a major Volkswagen shareholder, blocked a proposed agreement between Volkswagen and Israeli defense company Rafael to manufacture Iron Dome components at a factory in Germany, according to German newspaper Bild. Qatar’s sovereign wealth fund, Volkswagen’s third-largest shareholder, reportedly vetoed a plan to repurpose the automaker’s struggling plant in Osnabrück, putting hundreds of additional jobs at its German factories at risk. A potential solution to save the plant appeared to have been found in late April, when Volkswagen signed a letter of intent with Rafael. Under the proposal, the Israeli company would manufacture components for the Iron Dome missile defense system at the facility. The Qatari shareholders have since expressed reservations about the agreement because of tensions between Qatar and Israel, according to the report. The state-owned Qatar Investment Authority, or QIA, holds 17% of Volkswagen’s voting rights and 10.4% of its total share capital, giving it significant influence over decisions made at the company’s headquarters in Wolfsburg. Related: Qatar Investment Authority: 2024-04-29 Joe Biden's Brother Embroiled In High-Ranking Qatari Scheme To 'Provide Wealth Of IntroductionsThrough My Family' Qatar Investment Authority: 2017-10-04 Qatar continues selling its properties, are Barclays and Glencore stocks next? Qatar Investment Authority: 2015-02-01 Qatar Set to Buy London's Canary Wharf District Related: Osnabrück: 2026-04-23 Tank makers eye bankrupt German auto plants Osnabrück: 2026-04-19 The First Swallow. The failure of the wonder weapon became the prologue to the jet age. Osnabrück: 2026-03-29 German city wary as Volkswagen weighs shifting car plant to Iron Dome production Related: Rafael 07/01/2026 Iron Dome air defenses upgraded, 'incorporating lessons learned' from Iran war Rafael 06/28/2026 The Hague Tribunal for the United States: Whom the Americans Owe a Billion Dollars Rafael 06/27/2026 Ukrainian Perspective: Invasion of Ukraine: June 26, 2026 |
| Posted by:Skidmark |
| #2 |
| Posted by: Grom the Reflective 2026-07-13 07:10 |
| #1 |
| Posted by: Grom the Reflective 2026-07-13 06:52 |