Daimler entered the Algerian market and established Mercedes-Benz Algeria Ltd in 2014.the venture created in July 2012 composed of three main shareholders, namely the Company of the development in the automotive industry (EDIV) coming under the National Defence Ministry (34%) and SNVI (17%). The second shareholder is represented by the Emirati investment fund "Aabar" (49%). German group Daimler AG is considered as the technological partner.[2]