GB Corp was established in Egypt in the 1940s by brothers Kamal and Sadek Ghabbour as a trading company with interests in construction materials, home appliances, electronics, and automotive products. Today, it operates under two segments: GB Auto, which operates the automotive business and encompasses six lines of business across Egypt and Iraq, and GB Capital, which oversees non-bank financial service providers. In 2023, GB Auto began exporting Fuso and Volvo buses to the Middle East. In June 2023, GB Corp launched Kredit, providing financing services to SMEs in Egypt. The group recorded revenues of more than $631 million and net profits of more than $42 million for the first nine months of 2023.