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German car-maker to set up Bahrain base.
(From Gulf Construction)
Manama German high-performance sports car-maker RUF-Automobile - renowned for its craftsmanship in upgrading, servicing and restoring Porsche models - is planning to set up a full-fledged service, production and marketing base in Bahrain, its first such facility outside its home-base in Pfaffenhausen, Germany. The new company, RUF-Middle East (RUF-ME), is being set up as a joint venture with local businessman, Rashad Janahi at an initial investment of $50 million
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