Egyptian businessman Raouf Ghabbour’s GB Auto considers selling stake in leasing business to Chimera
GB Lease was founded in 2008.
GB Lease was founded in 2008.
Arab family businesses have recently experienced a V-shaped recovery.
Ayed owns a beneficial 3.4-percent stake in Poulina Group.
The ultra-rich Ben Yedder family owns a majority 53.3-percent stake in Ennakl Automobiles.
Ghabbour founded GB Auto in 1985 as an Egyptian manufacturer of vehicles, buses, trucks, and motorcycles.
Moustafa controls a 43.16-percent stake in the conglomerate for the Talaat Moustafa family.
Sawiris derives his wealth from a 38.8-percent stake in Netherlands-based OCI N.V. and his six-percent shareholding in Adidas.
Khalil owns 58.1 percent of the company, or 1,245,661,205 shares.
Kandil owns 6.35 percent of Swvl, a global supplier of disruptive tech-enabled mass transit solutions.
El Sewedy Electric is a multinational cable and electrical equipment manufacturer.
Egypt’s first monorail, worth $4.5 billion, will be finished by 2023.
Sothema is Morocco’s leading healthcare firm.
The bump in the market value of his stake cements his position as one of the richest investors on the Egyptian Stock Exchange.
Sothema produces more than 60 million units of pharmaceuticals every year.
Raya CX will provide outsourcing services to Zain KSA.
The figure is 72-percent higher than during the same period last year.