46. MM Group for Industry and International Trade (MTI)
Sector: Retail
CEO: Khaled Mahmoud
Market Value: $179 million
Sales: $216 million
Profits: $15 million
Assets: $93 million
MTI operates various business lines, including consumer electronics, telecommunication, automotive, and tractors, through partnerships with global brands, including Samsung, Vodafone, Huawei, and Range Rover. In July 2023, MTI acquired 40% of “B Pharma Holding,” a company dedicated to investing in the pharmaceuticals distribution and trade services sector, with an investment of $6.6 million. In September 2023, the company announced that it was expanding to Saudi Arabia. In January 2024, it signed a distribution agreement with Tata Motors to be the official distributor for its commercial vehicles in Egypt.