GB Corp., led by Egypt’s Ghabbour family, reports $58 million profit in 2024
This was driven by robust growth in both its automotive and financial services arms, underscoring its key role in Egypt’s automotive sector.
Raouf Ghabbour
Ghabbour family's GB Corp stake declines by $15.6 million in 28 days
The decline follows a previous gain of $12.3 million recorded between Sept. 17 and Oct. 11, when Ghabbour family’s stake rose from $190.39 million to $202.72 million.
Kredit secures $18 million to boost financing for SMEs in Egypt
This funding is set to enhance Kredit's role within Egypt's expanding small and medium enterprise (SME) ecosystem.
Egyptian billionaire Ghabbour family faces $13.1-million setback in recent weeks
The Ghabbour family maintains control of GB Corp, with family members holding executive positions on the group’s board.
Egyptian billionaire Ghabbour family loses $32.1 million in 12 days
The Ghabbour family, Egyptian billionaires, have experienced a notable decrease in their wealth as the market value of their holding in GB…
Egyptian billionaire Ghabbour family loses $21.5 million in 19 days
The Ghabbour family’s stake has lost EGP1.02 billion ($21.54 million) in the last 19 days, pushing the market value of their holdings below the $170-million mark.
Egyptian billionaire Ghabbour family gains nearly $12 million in 3 days
The Ghabbour family holds a significant 62.9-percent stake in the automaker, or 682,779,500 ordinary shares.
Egyptian billionaire Ghabbour family loses $32 million in 10 days
Presently, the Ghabbour family holds a 62.9-percent stake in GB Corp, solidifying their status as prominent investors on the Egyptian Exchange.
Egyptian billionaire Ghabbour family gains $49 million in 22 days
This impressive financial gain further solidifies the Ghabbour family’s position as one of the richest investors on the Egyptian Exchange.
Egyptian billionaire Ghabbour family suffers $26-million loss
Despite the recent downturn, the Ghabbour family remains one of the richest investors on the Egyptian stock exchange.
Egyptian billionaire Ghabbour family suffers $10.6-million loss from GB Corp stake
Founded by the late Egyptian auto tycoon Raouf Ghabbour in 1985, GB Corp has emerged as a leading automobile distributor and assembler in the Middle East and North Africa.
Egyptian billionaire Ghabbour family gains $33 million as GB Corp shares soar
The Ghabbour family currently holds a significant 62.9-percent stake in the automaker.
Led by Egyptian Ghabbour family, GB Corp’s Q1 2023 profits slump below $3.5 million
The Ghabbour family holds a 62.9-percent stake in GB Corp, solidifying their position as one of the wealthiest families in Egypt.
Led by Egyptian Ghabbour family, GB Auto gets green light to rebrand as ‘GB Corp’
The Ghabbour family owns a 62.9-percent stake in GB Auto.
GB Corp emerges as cohesive entity, honoring legacy of late Egyptian tycoon Raouf Ghabbour
The rebranding efforts follow the passing of Ghabbour.
Led by Egyptian Ghabbour family, GB Auto posts $51.8 million in profit in 9M 2022
The Ghabbour family’s 62.9-percent stake in GB Auto is worth nearly $125 million.