Sadek and Kamal Ghabbour began a family-run trading business in the 1940s in Egypt. In January 2023, GB Auto Group rebranded to GB Corp, which provides its services through two main entities: GB Auto and GB Capital. With over 25 brands in its portfolio, the group reported $963 million in sales and a net profit of $341 million in 2022. In 2022, the company signed an agreement with Chimera to sell 45% of GB Lease. In February 2023, the company’s subsidiary, MNT-Halan, announced an equity investment of $200 million from Chimera Abu Dhabi in exchange for over 20% of the company. GB Corp’s market cap was $223 million as of July 4, 2023.