Established in 1964 as a family enterprise, today the ELARABY Group is one of the largest industrial and commercial conglomerates in the region. The group operates through 19 trading, industrial, medical, and service companies, with a workforce of more than 45,000 people. Its portfolio consists of 17 global brands with more than 4,000 variations. It exports its products to over 60 countries. In September 2022, the group announced a partnership with Taiwanese company Rechi to produce air conditioning compressors, with an investment value of $33 million.