Mercedes-Benz Plans Assembly Plant in Egypt
January 18 2019 - 11:56AM
Dow Jones News
By Donato Paolo Mancini
Daimler AG's (DAI.XE) Mercedes-Benz said late Friday that it
plans to establish an assembly plant for Mercedes-Benz cars in
Egypt.
The project will be in cooperation with a local business
partner.
Egypt's President Abdel Fattah El-Sisi said he welcomed the
decision.
Write to Donato Paolo Mancini at
donatopaolo.mancini@dowjones.com
(END) Dow Jones Newswires
January 18, 2019 11:41 ET (16:41 GMT)
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