About ICON
ICON builds bridges between countries, cultures and people: from the Gulf region and GCC states, to the Middle East, Asia, Africa, Europe, Australia and America.
The International Consortium for Management, Development and Consulting (ICON) is based in Manama, Kingdom of Bahrain.
ICON draws on its Chief Executive Rashed Shaheen's many years of experience in international strategic planning, project management and consulting, bringing institutions and firms worldwide to the Gulf region, doing business and cooperating with the GCC public and private sector.
Recent news
German Chancellor Angela Merkel visits Bahrain
May 27, 2010
HRH Premier and Merkel Hold Official Talks
Putting the Kingdom on the Map
Apr 3, 2010
Mar 15, 2010
Qatar Holding, VW 17% and Porsche 10% shareholder, intensifies cooperation with Germany
Read more...Recent events
Middle East Spatial Technology Conference & Exhibition 2009
Dec 6, 2009
Bavarian Export Award
Nov 5, 2009
Qatar Holding Announces Cooperation Initiatives with QSTP, Volkswagen and Porsche
Doha, March 15 (QNA) - Qatar Holding LLC (QH) announced on Monday that it has signed a Memorandum of Understanding (MOU) which sets out the foundation for a series of cooperation initiatives between QH, Qatar Science & Technology Park (QSTP), Volkswagen AG (VW) and Porsche SE (PSE).
The MoU seeks to develop further cooperation between QH, QSTP, VW and PSE within the State of Qatar subsequent to QH investment in these German automotive companies in August 2009. As previously announced QH investment in PSE and VW had envisaged the establishment of R&D and testing and training facilities in Doha, as well as other avenues of cooperation. The MoU which has been signed today establishes a Management Committee and Technology Steering Committee which will oversee further studies in, and development of, specific areas of interest. In line with the objectives of Qatar National Vision 2030, the MoU identifies six initiatives in areas such as education, research and commercial applications of a broad range of technologies; including both engineering and fuel technology that will provide opportunities for training and development of Qatari students as well as technical and business professionals.
With the signing of the MoU, QH will be leading a complex process to generate additional benefits for the State of Qatar via its international investments. The participation of QSTP is fundamental to the success of the cooperation initiatives and is aimed at amplifying the impact of potential benefits to be realized from the cooperation initiatives with VW and PSE. Ahmad Mohamed Al-Sayed, Managing Director and CEO of Qatar Holding said: "To reflect the vision of H.H. the Emir and H.H. the Heir Apparent, we hold the view that our international investments should not just generate financial returns, but where possible also create additional benefits. This important new cooperation venture will look to create benefits, commercially and socially, and hopefully have a positive impact on all participants. We look forward to working closely with all parties as we develop these initiatives towards realization." Qatar Science & Technology Park''s Executive Chairman Dr. Tidu Maini said: "QSTP is involved in the development of a range of proprietary technologies with applications in the automotive sector and access to infrastructure necessary to undertake further applied research with leading organisations such as Volkswagen and Porsche. We believe therefore that there are substantial potential synergies in working together in areas such as materials technology, driving simulators and engine efficiency".
German Report on ARD.de Website
Qatar News Agency (QNA) QS/AK