
Egyptian billionaire Ghabbour family rakes in $30.5 million from GB Corp stake
The Ghabbour family presently holds a significant 62.9-percent stake in the automaker, equivalent to 682,779,500 ordinary shares.
The Ghabbour family presently holds a significant 62.9-percent stake in the automaker, equivalent to 682,779,500 ordinary shares.
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.
The Ghabbour family holds a 62.9-percent stake in GB Corp, solidifying their position as one of the wealthiest families in Egypt.
The wealthy Ghabbour family holds a majority 62.9-percent stake in Ghabbour Auto.
The wealthy Ghabbour family holds a majority 62.9-percent stake in the leading auto manufacturer.