Cairo - Mubasher: GB Corp plans to invest $6 million to assemble a new Hyundai model in Egypt, according to a bourse disclosure.
The investment aims to strengthen the company’s presence in the Egyptian market.
Meanwhile, the new model is expected to be launched in the second quarter (Q2) of 2026.
In the first half (H1) of 2025, GB Corp generated 59.60% higher consolidated net profits after tax and minority interest valued at EGP 1.67 billion, compared to EGP 1.04 billion in H1-24.
