The wealthy Ghabbour family holds a majority 62.9-percent stake in Ghabbour Auto.
GB Auto
-
-
Ghabbour launched GB Auto in 1985 as an Egyptian producer of automobiles, buses, lorries and motorbikes.
-
The gain in the family’s equity stake came off a double-digit increase in the company’s shares.
-
The drop was triggered by a 12.6-percent decline in the GB Auto share price on the Egyptian Stock Exchange.
Older Stories