GB Corp, previously Ghabbour Group, is an Egyptian manufacturer of automobiles, buses, trucks and motorcycles located in Cairo.Ghabbour Group, World News.
The company was founded in 1960 by the brothers Kamal and Sadek Ghabbour because they realized that the automotive sector was a growing market. In its early days the company was named Ghabbour Brothers. Formerly, the group manufactured Saviem (later RVI) vehicles. Today the Group manufactures vehicles for numerous brands such as: Bajaj Auto, Hyundai and Volvo. With an annual output of 150,000 units, the Ghabbour Group is currently the largest automobile manufacturer in Egypt, with operations in Iraq, under the names GK AutoMG Iraq's Official Website: https://www.mgiraq.com/ and GQ Auto,Bajaj Iraq Website: https://iraq.globalbajaj.com/ and in Kenya.GB Auto Kenya: https://m.facebook.com/GBAutoinKenya/
Model overview (Egyptian market) GB is an authorized distributor for 6 international car brands, 1 Motorcycle brand, 9 Commercial Vehicle brands, 4 Tire brands, and 4 Spare Part brands in Egypt.GB Corp's Official Website: https://gb-corporation.com/gb-auto/#tab-lines-413
Hyundai Source:Hyundai Egypt website: https://hyundai-egypt.net/ Hyundai Accent RB Hyundai Elantra AD Hyundai Elantra CN7 Hyundai Tucson NX4 Hyundai Santa Fe Hyundai Ioniq 5/Ioniq 5N Hyundai Ioniq 6 Hyundai Staria
Mazda Source:Mazda Egypt: https://www.mazdamisr.com/ Mazda 6 sedan Mazda 3 sedan & hatchback Mazda 2 sedan Mazda CX-9
Geely It only had two models in its initial lineup: the Geely Emgrand, and the Geely Imperial. The brand faced a lot of criticism at one point for endangering people's lives. The campaign generated a lot of negative sentiment towards the brand.
Chery Source:Chery Egypt's website: https://www.chery-eg.com/ Chery Arrizo 5 Chery Tiggo 3 (discontinued in 2023) Chery Tiggo 4 Pro Chery Tiggo 7 Chery Tiggo 7 Pro Chery Tiggo 8 Chery Tiggo 8 Pro Chery eQ7
Changan Source:Changan Egypt: https://changan.com.eg/en/landing/ Changan UNI-T Changan Alsvin Changan Eado DT Changan CS15 Changan CS35 Plus Changan CS55 Plus
Haval Source:Haval (GWM) Egypt Official Website: https://greatwall.eg/ Haval H6 Haval Jolion/Jolion Pro
Motorcycles and light vehicles
Bajaj Auto Source:Bajaj Egypt: https://egypt.globalbajaj.com/ Bajaj Boxer Bajaj Pulsar Bajaj Maxima Bajaj Tuk-Tuk-Re
Commercial vehicles
Volvo Trucks Source:Volvo Buses Egypt: https://www.volvobuses.com/eg/ Volvo FH Volvo FL6 Volvo FM Volvo Splendido (B12B Bus Type GVW)
Fuso Source:FUSO Egypt Facebook Page: https://www.facebook.com/FusoEgypt/ Mitsubishi Canter Mitsubishi Cruiser Mitsubishi Eagle Mitsubishi FP Mitsubishi FV Mitsubishi Rosa
MCV Source:MCV's About Page: https://www.mcv-eg.com/about-us/#who ECHOLINE E10 / 20 (also known as Ecoline-DAFC and FOTON in the People's Republic of China) ECHOLINE E30 (also known as Ecoline-DAFC and FOTON in the People's Republic of China) ECHOLINE E40 (also known as Ecoline-DAFC and FOTON in the People's Republic of China) MCV eVolution-MAN C100 / C110 / C120 (from 2004) MCV eVolution-DENNIS C101 / C111 / C121 (from 2004) MCV eVolution C123RLE (for Volvo B7RLE) MCV eVolution C124RLE (for Mercedes-Benz OC500LE) MCV Evora MCV EvoSeti MCV Alfa MCV Ego (since 2006; Great Britain) MCV Stirling MCV DD103 (for Volvo B9TL) Mercedes-Benz MCV 200 Safari (since 2010, based on the Mercedes-Benz Atego) Mercedes-Benz MCV 240E (since 2008) Mercedes-Benz MCV 260C / R / S (since 2000) Mercedes-Benz MCV 260T Mercedes-Benz MCV 400 E / H / R / T Mercedes-Benz MCV 500 (since 1996) Mercedes-Benz MCV 600 (since 1996) Mercedes-Benz MCV C120 / C120 LE Mercedes-Benz Tourismo Mercedes-Benz Travego
Iveco Bus
Higer Bus SHACMAN JMC FOTON
Berliet (Renault Trucks; formerly)
Epiroc
Tires GB is the official distributor for 4 tire brands:GB Corp's Website: https://gb-corporation.com/gb-auto/#tab-lines-489
Yokohama Lassa Tires Double Coin West Lake Tires
Spare parts GB also has several outlets for spare parts:GB Corp's Website: https://gb-corporation.com/gb-auto/#tab-lines-463
Bosch Mando Monroe Gazprom Neft
Model overview (Iraqi market) GB Corp operates in Iraq under the names GK Auto,GK Auto Facebook: https://www.facebook.com/GKAuto/ and GQ Auto for Bajaj vehicles.GQ Auto Linkedin Page: https://www.linkedin.com/company/bajajiraq/?originalSubdomain=iq GB is an official dealer for MG and Bajaj in Iraq.
MG Motor Source: MG One MG 3 MG 5 MG 7 MG GT MG RX5 MG RX8 MG RX8 Black Edition MG HS MG ZST MG Whale MG T60
Bajaj Auto Bajaj Dominar D400Bajaj Iraq: https://iraq.globalbajaj.com/
Model overview (Jordan) GB is the sole distributor of MG Motor and Rising Auto in Jordan, under the name of GKS Auto.
MG Motor Source:MG Motor Jordan: https://www.mg-jo.com/ MG One MG 3 MG 5 MG 7 MG GT MG RX5 MG RX8 MG RX8 Black Edition MG HS MG ZST MG ZS EV MG Whale MG T60 MG 4 Electric MG RX9
Rising Auto Source:Rising Auto Jordan: https://risingauto-jo.com/ Rising Auto R7 Rising Auto F7
Model overview (Kenya) GB is the sole distributor in Kenya for the following brands:GB Auto Kenya Facebook Page: https://www.facebook.com/GBAutoinKenya/
King Long Eicher Motors
Stock information and Board of Directors GB Corp is listed on the Egyptian Exchange as GBCO.
Total shares listed 1,085,500,000
+ Division of Shares as of Q1 2024 Shares Percentage of Shares Ghabbour family 63,4 % Free float 36.6% + Division of Free Float Shares as of Q1 2024 Shares Percentage of Shares RG Investments S.A.R.L 58,92 % MIRI Strategic Emerging Markets Fund 6.84% Olayan Saudi Investments 5.1%Total Shares (excl. Anonymous Shareholders) 769,112,462Anonymous Shareholders (Shareholders with less than a 5% Ownership Stake) 29.14%
Board of Directors The current Board of Directors expires in March 2025.
+ Division of the Board of Directors as of Q1 2024 Name TitleMr. Mohamed Naguib Non-Executive Chairman Mr. Mounir Fakhry Abdelnour Independent Board MemberMr. Nader Ghabbour Chief Executive OfficerMr. Mansour Kabbani Non-Executive DirectorMr. Abbas El Sayed Executive DirectorMs. Lobna El Dessouky Independent Board MemberMs. Marwa El Ayouti Independent Board Member
References