GB Auto prepares to sell 45% of GB Lease to Chimera for EGP 855m
Baker Tilly sets fair value of GB Lease stock at EGP 2.6
GB Auto sells 7.5% of MNT Investments to UAE’s Chimera
GB Auto said last November that the target shares would be sold…
GB Auto plans to invest 2022’s EGP 550m CAPEX budget on complete knock-down lines
Passenger car market in Egypt to grow by 10-15% in 2022, GB…
GB Auto reports resilient revenue performance, strongest bottom-line to date
Past year has tested resilience of GB Auto’s business model, strength of…
Car sales jump 26.6% in 2020, GB Auto records robust volumes in Q4 of 2020
Automotive sales reach 213,200 units in 2020, registering strong surprise recovery
GB Auto eyes spending EGP 260m as capex during 2021
Company considering selling minority stakes in NBFI companies to strategic investors
Ghabbour Auto’s Drive securitisation deal to result in EGP 100m gain
Drive, Ghabbour Auto’s (GB Auto) consumer finance and factoring subsidiary, has completed…
GB Auto’s Rseedy obtains first e-wallet licence in Egypt
The entity will work in cooperation with saib Bank, with an announcement…
Drive receives preliminary approval for financing licence
These activities will run beside the company’s auto loans segment, to widen…
Removal of safety features to reduce prices stirs controversy in Egypt auto market
We launched cars without airbags to meet all customers' needs, says GB…
