What GB Corp does

GB Corp is a publicly listed Egyptian conglomerate headquartered in Giza, Egypt, operating across the mobility value chain through six core subsidiaries: GB Auto (manufacturing, assembly, distribution, and after-sales of vehicles across passenger cars, commercial vehicles, two- and three-wheelers, construction equipment, and tires), GB Capital (non-bank financial services including consumer financing through Drive Finance's Forsa mobile BNPL app), GB Logistics (integrated supply chain management, transportation, and warehousing), GB Ventures (seed-stage venture capital in mobility startups), GB Academy (professional technical training), and the non-profit Ghabbour Foundation for vocational education. Founded as a Ghabbour family business in 1940 and rebranded from GB Auto Group to GB Corp in January 2023, the company holds exclusive regional distribution rights for global automotive brands including Volvo Trucks, FUSO, Hyundai, Chery, Mazda, Haval, Changan, Deepal, Bajaj, and Lassa Tyres, with operations spanning Egypt, Kenya, Iraq, Tanzania, and Jordan and 15,000+ employees.

The group's revenue model blends one-time vehicle and equipment sales through a multi-country showroom and dealership network, recurring and subscription-style revenue from Drive Finance consumer financing (Forsa app credit approvals in 10-15 minutes) plus insurance and micro-credit services, transaction-fee income from GB Logistics integrated supply-chain contracts, professional-services fees from GB Academy training programs (over 150 training days monthly), and long-cycle equity returns from GB Ventures' mobility-ecosystem seed investments. Distribution combines direct showroom and service-center retail, enterprise sales to corporate and government fleets, channel-partner networks for multiple global OEMs, and emerging EV-focused offerings (Deepal REEV/BEV models with up to 1,059 km NEDC range, locally assembled Higer electric buses) backed by a digital infrastructure layer built atop Huawei Cloud since 2025.

Key enterprise and government customers include the Egyptian government (COP27 climate conference transport — 30 electric Higer buses) and the Cameroon government (24 locally manufactured Volvo buses for African Nations Cup transport), as well as major global automotive OEMs and financing partners such as ALEXBANK, HSBC Egypt, Banque Misr Foundation, KfW/GIZ, and Lassa Tyres (36-year exclusive distribution partnership selling over 1 million tyres). The company holds ISO 9001, ISO 14001, and ISO 45001 certifications for GB Logistics, signed the UN Women's Empowerment Principles, and won 2nd place out of 92 teams in the Volvo VISTA 2024 international training competition (Egypt 2nd of 24 countries).

Name

GB Corp

Legal name

GB Auto (doing business as GB Corp)

Website

https://gb-corporation.com

Company type

Public

Founded year

1940

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

GB Corp is an Egyptian publicly listed conglomerate operating across mobility (GB Auto vehicle distribution), non-bank financial services (GB Capital/Forsa BNPL), logistics (GB Logistics), training (GB Academy), and venture capital (GB Ventures), serving consumers and enterprises in Egypt, Kenya, Iraq, Tanzania, and Jordan with 15,000+ employees.

Ownership category

akta.pro rank

Product category

Automotive Distribution and Mobility Services

NAICS

Motor Vehicle Manufacturing (3361), Motorcycle, Boat, and Other Motor Vehicle Dealers (44122), Other Financial Vehicles (525990)

SIC

Motor Vehicle Parts & Accessories (3714), Public Warehousing & Storage (4220)

akta.pro primary industry

In-Store / In-Person BNPL (POS) (FSAKACAB)

akta.pro secondary industries

BNPL Servicing, Billing & Collections (FSAKACAH), Buy Now, Pay Later (BNPL) (CRAFALAD)

Keywords

• Automotive distribution
• Vehicle manufacturing assembly
• Consumer financing services
• Integrated logistics solutions
• Technical vocational training

Headquarters

HQ city

Gîza

HQ country

Egypt

HQ region

Africa

Offices5 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Others

Revenue model

1. GB Auto - Vehicle Sales and Distribution: GB Auto generates revenue through manufacturing, assembly, distribution, and after-sales services of vehicles ranging from 2&3 wheelers, passenger cars, commercial vehicles, construction equipment and tires. Revenue comes from selling vehicles directly through showrooms and through partnerships with globally recognized automotive brands including Haval, Changan, Deepal, Hyundai, Chery, Mazda, Volvo trucks and buses, FUSO, Bajaj, and Lassa tyres.
2. GB Capital - Non-Bank Financial Services: GB Capital provides diversified financial solutions including credit services, consumer financing through Drive Finance, insurance services, and micro-credit to customers ranging from major corporations and SMEs to retail clients and individuals. Operates subsidiaries like Fabrica (trade-in services) and Drive Finance (Forsa consumer financing app).
3. GB Logistics - Logistics and Supply Chain Services: GB Logistics provides integrated logistics services including transportation, warehousing, and supply chain management to customers in Egypt and worldwide, generating revenue through service fees for managing integrated supply chains.
4. GB Academy - Professional Training Services: GB Academy provides professional technical training services including mechanical, electrical, paint work, and soft skills training to companies, universities, governmental institutions, students, employees, and professionals, generating revenue through training fees.
5. GB Ventures - Venture Capital Investments: GB Ventures invests in seed-stage technology startups within the mobility ecosystem, generating returns through equity stakes in portfolio companies and acceleration program fees.

Pricing tiers

Go-to-market motion1 record

Distribution channels7 records

Marketing channels7 records

Core offering

GB Corp is an Egyptian diversified mobility conglomerate that manufactures, assembles, distributes, and services vehicles across the Middle East and Africa through its GB Auto subsidiary, distributing global brands such as Volvo, Hyundai, Chery, Changan, Haval, Deepal, Mazda, FUSO, Bajaj, and Lassa tyres. It complements this automotive core with non-bank consumer and corporate financing via GB Capital (including the Forsa buy-now-pay-later app), integrated logistics services via GB Logistics, mobility-focused venture capital via GB Ventures, and professional technical training via GB Academy.

Product overview

GB Corp is a diversified conglomerate organized as a platform of subsidiary units across automotive, financial services, logistics, venture capital, and education. The core business is GB Auto, which distributes and services vehicles across multiple brands (including Haval, Changan, Deepal, Volvo, FUSO, Chery, Hyundai, Mazda, Genesis, Bajaj) and operates service centers. Supporting divisions include GB Capital (non-bank financing through Drive Finance), GB Logistics (supply chain management), GB Ventures (mobility-focused VC), GB Academy (technical training), and Ghabbour Foundation (vocational education non-profit). Additional offerings include the Forsa consumer financing app and GB Tires tire distribution. The company operates across Egypt, Kenya, Iraq, Tanzania, and Jordan.

Differentiator

Problem solved

Functional benefit

Brands

• GB Auto: Core automotive subsidiary handling manufacturing, assembly, distribution, and after-sales of vehicles across Middle East and Africa
• GB Capital
• GB Logistics
• GB Ventures
• GB Academy
• Ghabbour Foundation for Development
• Drive Finance
• Fixology
• GB Tires
• Deepal

Products and services

• GB Auto Vehicle Sales and After-Sales Services Manufacturing, assembly, distribution, and after-sales services of vehicles including 2&3 wheelers, passenger cars, commercial vehicles, construction equipment, and tires. Distributes brands including Haval, Changan, Deepal, Hyundai, Chery, Mazda, Genesis, Volvo trucks and buses, FUSO, Bajaj, and Lassa tyres. Targets individual consumers, SMEs, fleets, and government clients across Egypt, Kenya, Iraq, Tanzania, and Jordan.
• GB Capital Non-Bank Financial Services Diversified non-bank financial services provider offering credit solutions, consumer financing, insurance, and micro-credit to major corporations, SMEs, retail clients, and individuals across Egypt. Operates subsidiaries including Drive Finance and Fabrica.
• GB Logistics Integrated Supply Chain Services Integrated Service Provider (ISP) offering transportation, warehousing, and supply chain management to corporate clients in Egypt and worldwide, managing integrated supply chains using advanced operational solutions and technologies.
• GB Ventures Seed-Stage Mobility Venture Capital Specialized technology venture capital focused on seed investments within the mobility ecosystem. Provides funding, expertise, mentorship, resources, and networks to early-stage startups through an acceleration program.
• GB Academy Professional Technical Training Professional technical training provider offering mechanical, electrical, paint work, soft skills, and industry-specific training through state-of-the-art workshops and classrooms. Delivered to companies, universities, governmental institutions, students, employees, and professionals.
• Forsa Mobile Consumer Financing App Mobile application offering consumer financing and buy-now-pay-later services with credit approval in 10-15 minutes. Available at major retail locations including Carrefour, City Center, City Stars, Mall of Arabia, and Mall of Egypt. Built by Egyptian development teams and operated under Drive Finance.
• Deepal Electric Vehicles (S05 and S07)

Quantifiable outcome

• Over 1 million Lassa tyres sold in 36-year partnership
• +4 more outcomes

Named customers7 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature5 records

Partnerships

14 partnerships are on record, tiered strategic, core and minor.

• Huawei CloudstrategicTechnology or Integration · 3 September 2025GB Corp announced strategic partnership with Huawei Cloud at the Huawei Cloud Northern Africa Summit to enhance operations using advanced local cloud infrastructure. The collaboration will provide speed, efficiency, and accuracy for managing complex operations and delivering smarter customer services. It also supports expansion of Chinese brands in Egypt and the wider region by ensuring secure, scalable, and reliable cloud solutions.
• Beacon FinTrain (الفنار للتدريب المالي)strategicStrategic or Co-development Partner · 13 March 2024Beacon FinTrain signed MOU with GB Corp to enhance professional financial education and training in the Middle East and Africa. The partnership aims to develop and train financial and administrative expertise through specialized training programs, international finance certifications through GB Academy, and custom financial training for non-finance professionals.
• KfW / GIZ (German Development Bank)strategicStrategic or Co-development Partner · 1 January 2023Ghabbour Foundation received grant from 'Investment for Employment' initiative funded by German Development Bank (KfW) in cooperation with GIZ for green technology workshops in electric vehicles, commercial vehicle maintenance, and eco-friendly car paints.
• Higer (Electric Buses)strategicChannel Partner/ Reseller/ Distributor · 1 November 2022GB Auto supplied 30 Higer electric buses for COP27 conference transportation at Sharm El Sheikh. Buses were manufactured and assembled at GB Polo plant in Ain Sokhna, Egypt, representing localization of electric vehicle technology.
• ALEXBANK (Ghalya Initiative)strategicStrategic or Co-development Partner · 13 February 2022ALEXBANK partnered with Ghabbour Foundation under National Council for Women auspices to qualify female students for automotive maintenance sector through Ghabbour Applied Technology Schools. 3-year partnership providing employment opportunities, entrepreneurship support, and certified German training scholarships for high-achieving students.
• Lassa TyrescoreChannel Partner/ Reseller/ Distributor36-year exclusive distribution partnership for Lassa tyres in Egypt. GB Auto has sold over 1 million Lassa tyres since obtaining exclusive distribution rights. The partnership was strengthened in 2024 with launch of three new tyre models: Revola, Competus A/T 3, and Transway 3.
• Volvo Trucks (Global)coreChannel Partner/ Reseller/ DistributorGB Auto is the exclusive agent for Volvo Trucks in Egypt, distributing Volvo FH, FM, and FMX models. Volvo delivered 123,000 trucks globally in 2021 with 2,200 service centers in 130+ countries. GB Auto has 3 sales outlets and 7 after-sales service outlets in Egypt.
• Deepal (Changan subsidiary)coreChannel Partner/ Reseller/ DistributorGB Auto launched Deepal brand in Egypt in August 2025 as official distributor, introducing S05 and S07 models with REEV and BEV variants featuring industry-leading range-extended technology (up to 1,059 km NEDC combined range).
• Changan AutomobilecoreChannel Partner/ Reseller/ DistributorGB Auto is the official distributor of Changan SUVs in Egypt including CS35 Plus, CS55 Plus, and Uni-T models. Changan is recognized for innovation, technology-forward design, and exceptional value in the SUV segment.
• HSBC EgyptminorStrategic or Co-development PartnerHSBC Egypt partnered with Ghabbour Foundation to qualify young men and women as specialized technicians in EV maintenance, supporting green skills development.
• Banque Misr FoundationminorStrategic or Co-development PartnerBanque Misr Foundation partnered with Ghabbour Foundation to financially support students at Ghabbour Applied Technology School during their 3-year education.
• Saxony International School (SIS)strategicImplementation/ SI/ Consulting PartnerSIS Middle East Education is the academic partner for Ghabbour Foundation's Applied Technology Schools (Ghabbour 1 and 2), providing international standards and accreditation.
• Egyptian Ministry of Education and Technical EducationcoreImplementation/ SI/ Consulting PartnerPartnership with Ministry of Education for Applied Technology Schools under the supervision of the Central Administration for Developing Technical Education. Students receive both theoretical courses and practical training with international accreditation.
• German Arab Chamber of Industry and Commerce (GACIC)strategicStrategic or Co-development PartnerGACIC partners with Ghabbour Foundation for international accreditation and certification, including German language training and exchange programs for applied technology students.

Scale indicators10 records

Recent moves7 records

Expansion highlights7 records

Direct peers

• Inchcape PLC: London-listed global automotive distributor with significant MEA presence distributing premium and volume brands. Closest publicly traded comparable to GB Auto's multi-brand, multi-country distribution model.
• Ezz Elarab Group: Egyptian automotive group and one of the country's leading multi-brand distributors (Hyundai, Maruti, Bajaj). Direct Egyptian auto distribution peer competing for the same OEM mandates and consumer market.
• Mantruck Group (GB Auto competitor): Egyptian commercial vehicle distributor focused on heavy trucks and buses. Direct competitor in Egyptian commercial vehicle segment where GB Auto holds its Volvo and FUSO franchises.

Broad incumbents

• Abdul Latif Jameel: Saudi diversified conglomerate and exclusive Toyota distributor across MEA. Comparable in structure: family-controlled conglomerate combining automotive distribution with adjacent financial services, logistics, and training/manufacturing investments.
• Al Habtoor Group: UAE diversified conglomerate with significant automotive dealership operations and broader mobility/real estate holdings. Comparable as a UAE/MENA family conglomerate combining mobility with diversified business interests.
• Derco Group (Sigdo Koppers): Latin American automotive distributor representing global OEMs. Operational comparable for multi-brand distribution model in an emerging market context, though geographically distinct.
• CFAO Group: Pan-African automotive and consumer goods distributor with extensive MEA footprint including vehicle distribution, financing, and after-sales. Strong operational comparable for GB Auto's African expansion ambitions.

Regional players

• Mohamed Yousuf Naghi Motors Group: Saudi Arabia-based premium automotive distributor for brands including BMW and Rolls-Royce. Comparable MENA exclusive-distribution business model though focused on premium brands versus GB Auto's mass-market and commercial vehicle mix.
• Arabian Motors Group: MENA region automotive distributor operating across multiple brand franchises. Comparable regional multi-brand distribution peer to GB Auto, particularly in commercial and passenger vehicle segments.

Others

• Derika Engineering & Trading: Egyptian commercial vehicle distributor and GB Auto competitor. Adjacent competitor in the Egyptian heavy commercial vehicle market relevant to GB Auto's Volvo and FUSO lines.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCx60Gg1pLM0WcZTInT2g6Ig
• Facebookfacebook.com/GBCorpMEA
• LinkedInlinkedin.com/company/gbcorpmea
• Instagraminstagram.com/gbcorpmea

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about GB Corp