Ghabbour family, among Egypt’s richest, gains $40 million on GB Corp shares
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Ghabbour family, among Egypt’s richest, gains $40 million on GB Corp shares
Key PointsThe Ghabbour family's 63.4% stake in GB Corp. surged in value by EGP2.02 billion ($40.65 million) over the past 18 days, driven by a 14% rise in the company's share price.GB Corp. reported a 71% year-on-year revenue increase in Q1 2025, exceeding $330 million. The strong performance reflects its dominance in Egypt’s premium auto segment.Year-to-date, GB Corp. shares have returned 39.75%, turning a $100,000 investment into nearly $140,0…
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