Previous Post
Critic Names Tamer Hosny Best-Selling Egyptian Artist of All Time
Next Post
Two Egyptians Qualify For International Equestrian Tournament Next Year

Mercedes-Benz To Open New Factory In Suez Canal Industrial Zone

The German car manufacturer has announced that it has reached a deal with the Egyptian government to re-establish an assembling factory.

Mohab Mamish and Thomas Zorn president of Mercedes-Benz Egypt

The head of the Suez Canal Industrial Zone, Mohab Mamish, and Thomas Zorn, the CEO and president of Mercedes-Benz Egypt, announced at a joint press conference on Tuesday that the carmaker is set to open a new assembly plant along the Suez Canal, according to news reports from Al Ahram.

The announcement revealed that Mercedes Benz had acquired a 96,000 square-metre piece of land in the Suez Canal’s industrial zone. The German carmaker previously had an assembly plant in the 6th of October City, yet relocated to Algeria in 2014 due to a number of issues the company was having in Egypt.

Mamish assured that the Egyptian cabinet will be working round the clock to address all investors’ concerns to avoid a repeat of the problems Mercedes-Benz experienced in previous years. Thomas Zorn confirmed that he and the Egyptian government had come to a mutual agreement.

The deal is to be finalised after being reviewed by President Abdel-Fattah El-Sisi. As of now, no date has been set for when construction of the new factory will begin.

Main image:

Todays Events
International Jazz Day @ CJC
Date: 4/21/2019
Time: 10:30pm - 3:00am
Venue: Cairo Jazz Club
D-CAF 19: Om El Agayeb @ Falaki Theater
Date: 4/21/2019
Time: 8:00pm - 11:00pm
Venue: Falaki Theatre
Puppet Making Workshop @ El Sawy Culturewheel
Date: 4/21/2019
Time: 7:30pm -
Venue: El Sawy Culturewheel
International Festival Of Drums @ Cairo
Date: 4/21/2019
Time: 8:00am - 11:00pm
Venue: Cairo
Easter Energy Camp @ Palm Hills Club
Date: 4/21/2019
Time: 9:00am - 3:00pm
Venue: Palm Hills
Filmmaking w/ Mohamed Nader @ Studio ZAT
Date: 4/21/2019
Time: 6:00pm - 10:00pm
Venue: Studio Zat
Date: 4/21/2019
Time: 5:00pm - 11:00pm
Venue: Sane Egypt
'Tanagra'  @ Art Corner  Zamalek
Date: 4/21/2019
Time: 7:00pm - 10:00pm
Venue: Art Corner Gallery