Al Jaber Intends to make further Investments in Austria

People ♦ Published: April 26, 2011; 07:50 ♦ (Vindobona)

Despite massive criticism of business partners and rumoured illiquidity, the Saudi investor Mohammed Al Jaber wants to realize further investment projects.

Al Jaber Intends to make further Investments in Austria / Picture: © MBI International & Partners

Al Jaber, who is the major owner of the insolvent Tyrol-based ski manufacturer Kneissl, emphasizes his purpose to act as an investor in Austria. The Saudi also possesses the prestigious hotels "Grand Hotel" and "The Ring" in the city of Vienna.

During the last weeks, rumours of Al Jaber´s inability of unwillingness to pay back his due loans were came up. In the case of Kneissl,…

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