Middle East 5

Porsche Chooses Dubai as Its Middle East, Africa Headquarters

Porsche AG plans to establish its Middle East and North Africa base in Dubai Silicon Oasis, a state-owned technology park.

The German carmaker will locate its regional training centre there, according to an e-mailed statement from Dubai Silicon Oasis Authority today.

Porsche planned to design 17 buildings around the world in partnership with the state-owned Dubai Properties, with the first tower located in the Gulf emirate, it said in a statement in October 2006. (Bloomberg)

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