A Mercedes-Benz Vision Van of Daimler on display in Berlin. Reuters
Bosch and Daimler have reached a milestone on the way to automated driving: the two companies have now obtained approval from the relevant authorities in Baden-Württemberg for their automated parking system in the Mercedes-Benz
German automaker Daimler plans to build Mercedes Benz branded heavy trucks in China by revamping truck plants owned by its local joint venture (JV), according to a document seen by Reuters and two sources familiar with the matter.
Daimler’s main Chinese joint venture partner BAIC Group has signaled its intention to increase its stake in the German luxury car manufacturer, sources briefed on the matter said, after it built up a 5% Daimler holding in July.
The Khalifa Fund for Enterprise Development has announced the signing of a $100 million (Dhs368 million) agreement with the Ethiopian Ministry of Finance in Addis Ababa.
In recognition of the importance that Dubai holds in the global trade and investment arena, the International Chambers of Commerce (ICC) held a gala ceremony to commemorate 100 years of its existence.
Abdullah Sultan Al Owais, the Chairman of the Sharjah Chamber of Commerce & Industry, SCCI, recently received a high-level US delegation headed by Seth Oppenheim, Commercial Officer, SelectUSA Investment Summit, accompanied by George Calboh,