Martin Scorsese (pictured) was among the stars to grace the red carpet Thursday night at the opening of the inaugural "Doha Tribeca Film Festival", organised by New York's Tribeca Film Festival with the help of the Qatari authorities.
Qatar has bought a 6.78 percent stake in Germany's Volkswagen in the first step of a plan to take over around 17% of the carmaker. The investment by the Gulf state will total seven billion euros and make it Volkswagen's third biggest shareholder.
German car maker Porsche said on Thursday that its headquarters had been raided by German prosecutors that morning as part of an insider trading investigation. Porsche denies the allegations.
German car maker Porsche was forced to sell assets worth billions of euros to Qatar in a move to prop up its strained finances, marking a climbdown for a predator that had once sought to dominate Volkswagen.
Porsche has announced the resignation of its chairman Wendelin Wiederking with 'immediate effect'. Wiederking is set to receive a severance package worth 50 million euros. Separately, the automaker has received the go-ahead for the Qatar deal.
German car maker Porsche could be close to clearing a large part of its debts if Qatar confirms its intention to buy a seven billion euro stake in the company, as the German newspaper Der Spiegel reports.
Akbar Al Baker, CEO of Qatar Airways, talks to FRANCE 24's Toni Chamié at Le Bourget airport about his company’s plans to increase its flights to Paris and the Maghreb, and announces an order of 24 Airbus planes.
Brazil's 34-year-old Juninho has agreed to a two-year contract with Qatari champions Al-Garrafa after having spent "the best years of [his] life in Lyon". The playmaker's fee is thought to reach 2.5 million euros, a record in the Gulf states.
German luxury carmaker Porsche says it is discussing the sale of a stake in the company to Qatar. Porsche is weighed down by debt accumulated during efforts to take over its larger rival Volkswagen, in which it now holds a 51% stake.
