People familiar with the matter revealed that the Qatar Investment Authority rejected the cooperation plan between the Volkswagen Group and Israel's Rafael Advanced Defense Systems Company. The cooperation originally planned to preserve hundreds of jobs in one factory area of the German car company. Since the relevant information has not been disclosed, sources requesting anonymity said that the Qatar Investment Authority, which holds more than 10% of Volkswagen's shares and has 17% voting power, has stopped the two sides's proposal to establish a joint venture and produce air defense systems in Osnabrück's difficult factory in western Germany. In May of this year, Rafael CEO Joaf Tugman went to Berlin to meet with German government officials and went to Wolfsburg to discuss the details of this defense cooperation with public representatives.

People familiar with the matter revealed that the Qatar Investment Authority rejected the cooperation plan between the Volkswagen Group and Israel's Rafael Advanced Defense Systems Company. The cooperation originally planned to preserve hundreds of jobs in one factory area of the German car company. Since the relevant information has not been disclosed, sources requesting anonymity said that the Qatar Investment Authority, which holds more than 10% of Volkswagen's shares and has 17% voting power, has stopped the two sides's proposal to establish a joint venture and produce air defense systems in Osnabrück's difficult factory in western Germany. In May of this year, Rafael CEO Joaf Tugman went to Berlin to meet with German government officials and went to Wolfsburg to discuss the details of this defense cooperation with public representatives.