Qatar’s industrial landscape is set to expand following a new partnership between Aamal Company QPSC, one of the country’s leading diversified firms, and Germany’s Niedax Group, a global leader in cable management systems.
The two companies signed a Memorandum of Understanding to establish a state-of-the-art facility in Qatar, which will produce advanced cable management products made from GRP and steel.
The joint venture aims to serve both the Qatari market and the wider Gulf region, supporting infrastructure development and industrial growth.
The signing ceremony was attended by Dr Ahmad Al-Sayed, Qatar’s Minister of State for Foreign Trade Affairs, and Katherina Reiche, Federal Minister for Economy and Energy of Germany.
Strengthening bilateral ties
Dr Ahmad Al-Sayed highlighted Germany’s longstanding role as one of Qatar’s most important economic partners in Europe.
“We have deeply valued the depth and resilience of this partnership. Our gathering today is an opportunity to reaffirm our commitment to expand bilateral trade and to strengthen cooperation between our private sectors,” Dr Al-Sayed told Euronews.
He added that the partnership aims to explore the establishment of a glass fibre–reinforced polymer production line in Qatar, demonstrating how private-sector cooperation can translate into tangible strategic outcomes.
Jobs and regional exports
The project is expected to create around 200 local jobs once production ramps up, with outputs also intended for export to other Gulf states, Katherina Reiche said, highlighting the partnership’s regional significance.
She added that Qatar is among the largest foreign investors in Germany with stakes in major companies such as Volkswagen, Borger, Papa Gloyd Siemens and RWE, noting that these are investments “carried out with a strategic long-term perspective and a clear commitment to innovation and competitiveness.”
Company perspectives
For Germany’s Niedax Group, founded in 1920 and operating in over 30 countries, the partnership provides an opportunity to bring its global expertise to the Gulf region.
“Our solutions support major infrastructure, industrial, automotive, energy, maritime and data centre projects worldwide,” said Managing Director Adrian Löwiner.
Sheikh Mohamed bin Faisal Al Thani, vice chairman and managing director of Aamal Company, described the collaboration as a significant milestone in boosting Qatar’s industrial capabilities and supporting the nation’s economic diversification.
According to Nizar Maarouf, Liaison Director of the Mittelstand GCC office in Doha, the agreement reflects the growing strategic cooperation between German and Qatari companies, helping advance industrial innovation and deliver long-term economic value.
This initiative aligns with Qatar’s ongoing drive to develop advanced manufacturing, attract foreign investment, and foster sustainable economic growth.
Aamal is one of the Gulf region’s most diversified conglomerates, listed on the Qatar Stock Exchange since December 2007, with a market capitalisation of QAR 5 billion (US$1.4bn) as of November 2025.
Its operations span 32 business units across industrial, retail, property, managed services, medical equipment and pharmaceutical sectors.