Company: GB Corp
Country: Egypt
Sector: Wholesale Distributors
CEO: Not publicly listed
Website: Not publicly listed
Careers Page: Not publicly listed
LinkedIn: Not publicly listed
Email: Not publicly listed
Headquarters: Cairo, Egypt
Founded: 1960
Valuation/Revenue: $1,065.1m revenue / $434.7m market value (African Business Top 250, 2025)
GB Corp, formerly known as GB Auto (Ghabbour Auto), is Egypt’s largest automotive manufacturer and distributor, assembling and selling passenger cars, buses, trucks and motorcycles and serving as the authorized distributor for numerous international vehicle brands. It is listed on the Egyptian Exchange.
What Does GB Corp Do?
GB Corp manufactures, assembles and distributes vehicles across passenger cars, commercial vehicles (buses and trucks) and two/three-wheelers, with annual production capacity cited at around 150,000 units, making it Egypt’s largest automobile manufacturer by volume. The company holds distribution rights for six international car brands and nine commercial-vehicle brands, alongside tyre and spare-parts distribution, giving it a broad footprint across Egypt’s mobility and logistics sector. Its brand partnerships include names such as Hyundai, Volvo, Mazda, Chery, Geely and Bajaj Auto, spanning both mass-market passenger vehicles and commercial fleets.
How Big Is GB Corp?
African Business’s Top 250 (2025) placed GB Corp’s revenue at approximately $1,065.1 million with a market value of roughly $434.7 million, ranking it 126th among Africa’s largest companies — reflecting both its scale as Egypt’s leading vehicle manufacturer and the valuation pressure many Egyptian pound-denominated companies have faced amid currency devaluation and high domestic inflation.
Who Owns GB Corp?
GB Corp’s largest shareholder is RG Investments S.A.R.L., holding approximately 58.92% of the company, linked to the founding Ghabbour family. Other significant shareholders include MIRI Strategic Emerging Markets Fund (about 6.84%) and Olayan Saudi Investments (about 5.1%). The company was founded in 1960 by brothers Kamal and Sadek Ghabbour, and members of the Ghabbour family, including Raouf Ghabbour, have remained closely associated with its chairmanship and strategic direction as it grew into Egypt’s dominant automotive group.
Is GB Corp Publicly Traded?
Yes. GB Corp is listed on the Egyptian Exchange (EGX) under the ticker GBCO, with roughly 1.09 billion shares outstanding, and is one of the exchange’s more prominent industrial and consumer-facing stocks.
How Old Is GB Corp?
The company was founded in 1960, giving it more than six decades of history in Egypt’s automotive sector, evolving from an early vehicle trading and assembly business into a diversified regional automotive group with operations extending beyond Egypt.
Where Is GB Corp Headquartered?
GB Corp’s headquarters are in Cairo, Egypt, with additional operations and distribution structures extending into Iraq (through GK Auto and GQ Auto), Kenya, and Jordan (through GKS Auto), reflecting a degree of regional diversification beyond its core Egyptian market.
What Has GB Corp Been in the News For Recently?
Like much of Egypt’s import-dependent industrial base, GB Corp has had to navigate significant Egyptian pound devaluation, import-financing constraints, and inflation in vehicle input costs in recent years, all of which have affected vehicle affordability and sales volumes domestically even as the company has pushed to grow its regional distribution footprint outside Egypt as a hedge against local currency and demand volatility.
Is GB Corp Legit?
Yes. GB Corp is a long-established, publicly listed industrial company with a six-decade operating history, official distribution agreements with major global automotive manufacturers, and audited financial disclosure as an Egyptian Exchange-listed issuer, making it a legitimate and well-documented business rather than a fringe or unauthorised vehicle importer.
How Does GB Corp Compare to Its Competitors?
In Egypt’s automotive market, GB Corp competes with other large local assemblers and distributors such as MCV (Mercedes-Benz’s Egyptian commercial-vehicle joint venture), Bavarian Auto Group (BMW’s Egyptian distributor), and various brand-specific importers, as well as with a growing wave of Chinese vehicle brands entering the Egyptian market directly. GB Corp’s scale and multi-brand distribution portfolio, spanning passenger cars, commercial vehicles and two-wheelers, give it broader market coverage than many single-brand competitors.
Links
Website: Not publicly listed
Careers Page: Not found
LinkedIn: Not found
Email: Not publicly listed
FAQ
What does GB Corp do?
It manufactures, assembles and distributes cars, buses, trucks and motorcycles, and is Egypt’s largest automotive manufacturer.
Who owns GB Corp?
RG Investments S.A.R.L., linked to the founding Ghabbour family, holds the largest stake at roughly 58.9%.
Is GB Corp publicly traded?
Yes, on the Egyptian Exchange under the ticker GBCO.
Where is GB Corp headquartered?
Cairo, Egypt.
How old is GB Corp?
It was founded in 1960 by brothers Kamal and Sadek Ghabbour.
How big is GB Corp?
African Business’s 2025 Top 250 recorded roughly $1.07 billion in revenue and a market value of about $435 million.