Archive for March 23rd, 2011

March 23, 2011

Algeria- UAE- Germany: A partnership to produce 8,500 vehicles per year

Algerian defence and industry ministries on Tuesday signed a protocol agreement with Abu Dhabi’s fastest growing investment fund Aabar and German auto maker Daimler to manufacture 8,500 Mercedes-Benz industrial vehicles annually in Algiers.

An Algerian Emirati joint venture will be created this year with Daimler as a technological partner to manufacture the vehicles in the National Company…read more

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