Daimler’s Egypt partner picks Beltone Financial for EGP 1 bln bond sale
National Automotive Company (NATCO), partner of Daimler for Mercedes-Benz passenger cars in Egypt, has picked an…
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Daimler
German earnings boost European stock markets
European stock markets gained on Thursday buoyed by upbeat results from German companies offset a dour profit…
Mercedes-Benz to offer electric option for every car by 2022
Daimler’s (DAIGn.DE) Chief Executive Dieter Zetsche on Monday said Mercedes-Benz will offer electric versions of…
Big 3 German carmakers’ shares fall amid allegations of industrial collusion
Shares in the top three German carmakers slide sharply on Monday after it was reported that EU antitrust officials…
Saudi billionaire Prince Alwaleed buys $62 mln stake in ride-hailing firm Careem
Carmaker Daimler and Saudi Arabia's Kingdom Holding, a firm owned by Saudi billionaire Prince Alwaleed bin Talal,…
Mercedes maker Daimler expects slight growth in 2017 operating profit, sales
Mercedes maker Daimler guided for a slight increase in operating profit, unit sales, and revenue this year, barely…
Daimler plans at least six electric car models: source
German carmaker Daimler plans to roll out at least six, and possibly as many as nine, electric car models as part…
Daimler’s MyTaxi to merge with Hailo to take on Uber
Daimler will deepen its European footprint in the ride-hailing business when its MyTaxi smartphone app unveils an…
European stocks little changed as automakers offset miner drop
European stock markets were little changed as gains in automakers and banks offset sliding miners and energy…
Daimler teams up with China’s Baidu in Connected Cars Drive
German carmaker Daimler is to make software from web services company Baidu available in its Chinese Mercedes-Benz…
Daimler and Qualcomm to develop In-car Tech, Wireless Charging
Carmaker Daimler on Saturday announced a partnership with mobile technologies company Qualcomm Inc. to explore…
Mercedes Carmaker to withdraw from Joint Car Assembly Venture in Egypt
German carmaker Daimler is to withdraw from Egyptian joint venture EGA, a company spokeswoman said Friday, DPA…
General Motors Takes a Look under Tesla’s Hood
In Wall Street's retelling of the biblical Book of Samuel, General Motors Co (GM.N) is Goliath and electric car…
Foreign Companies Close Offices amid Fears of Violence in Egypt
Foreign companies operating in Egypt have shut factories and closed offices in response to violent clashes between…
BMW Sales Growth Outpaces Mercedes-Audi in China Luxury Car Race
Bayerische Motoren Werke AG (BMW), the world’s largest premium automaker, saw its sales growth outpace those of…
Europe Shares Mostly Steady Await ECB, BOE Decisions
A cautious mood took hold of investors Thursday, leaving Europe stock markets mostly flat, as decision day for the…
Europe Shares Wobble Ahead of EU Summit
European stock markets struggled for direction in early trade on Thursday, ahead of a keenly watched European Union…
Europe Shares Early Gains On Greek Election Fade
European stock markets slashed gains in morning trade on Monday, as a relief rally following the Greek election…
Europe Shares Rally On Monday Amid Spain Aid Request
European stock markets rallied on Monday after Spain over the weekend asked the European Union for aid to help the…
Greek Jitters Drive Sharp Losses For European Shares
European stock markets dropped sharply early Monday, with investors selling banks and resource stocks as the Greece…
Arabtec Shares Hike 15% as Aabar Investmetns Doubles Stake
The DFM General Index edged 2.37% higher to close at 1,693.67 Tuesday amid rising trading volumes. Arabtec…