{"id":579049,"date":"2023-01-23T03:58:51","date_gmt":"2023-01-23T03:58:51","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/23\/goodbye-gb-auto-group-hello-gb-corp\/"},"modified":"2023-01-23T03:58:51","modified_gmt":"2023-01-23T03:58:51","slug":"goodbye-gb-auto-group-hello-gb-corp","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/23\/goodbye-gb-auto-group-hello-gb-corp\/","title":{"rendered":"Goodbye GB Auto Group, hello GB Corp"},"content":{"rendered":"

AUTOMOTIVE-<\/strong><\/p>\n

<\/a> GB Auto is now GB Corp:<\/strong> GB Auto Group has rebranded itself as GB Corp, the company said in a statement<\/a> yesterday. \u201cGB Corp aims to create one unified entity, where GB Corp\u2019s subsidiaries \u2014 GB Auto, GB Capital, GB Logistics, GB Ventures, GB Academy and the Ghabbour Foundation for Development \u2014 will adopt the unified vision and values of the company,\u201d the statement reads.<\/p>\n

M&A- <\/strong><\/p>\n

Bedaya SME Fund could exit Al Shroouk Scan:<\/strong> Bedaya SME Fund<\/a> is close to selling its 35% stake in Al Shroouk Scan and Lab<\/a> in a transaction valued at EGP 24 mn, Al Mal<\/a> reported, citing sources it says are in the know. A consortium comprising the medical lab\u2019s founders is in negotiations with Bedaya to acquire its stake, which it acquired for EGP 8 mn in 2014, the sources are quoted as saying. Bedaya is managed by Al Ahly for Development and Investment<\/a> and Cairo Financial Holding<\/a>.<\/p>\n

TELECOMS-<\/strong><\/p>\n

Mubasher to set up regional telecom investment fund:<\/strong> Mubasher Financial Services plans to establish the \u2018Wasla\u2019 fund in Bahrain to invest in telecoms infrastructure projects and the manufacture of fiber optic cables in MENA and Africa, Hapi Journal reports<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

AUTOMOTIVE- GB Auto is now GB Corp: GB Auto Group has rebranded itself as GB Corp, the company said in a statement yesterday. \u201cGB Corp aims to create one unified entity, where GB Corp\u2019s subsidiaries \u2014 GB Auto, GB Capital, GB Logistics, GB Ventures, GB Academy and the Ghabbour Foundation for Development \u2014 will adopt […]<\/p>\n","protected":false},"author":1,"featured_media":579050,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7209],"tags":[6545,111,144,6544,214,72,241,6543,7115,125,7128,6546],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-579049","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-al-shroouk-scan-and-lab","tag-also-on-our-radar","tag-automotive","tag-bedaya-sme-fund","tag-cit","tag-enterpriseam","tag-gb-auto","tag-gb-corp","tag-healthcare","tag-investment-watch","tag-ma-watch","tag-mubasher-financial-services","wpautop","entry"],"acf":{"mongo_id":"99bfadb4-b952-4469-bd82-e789fa22f943","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/1\/392.jpg","photo_position":"above","related_issue":[579028],"teaser":"","voice_url":""},"yoast_head":"\nGoodbye GB Auto Group, hello GB Corp - 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The lender has acquired a license from the Financial Regulatory Authority (FRA) and is now providing financial services to SMEs, which remain\u2026","rel":"","context":"In "NBFS"","block_context":{"text":"NBFS","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/nbfs\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/6\/1060.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":613776,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/01\/21\/acwa-powers-kom-ombo-solar-plant-to-finish-construction-by-april-2024-plus-msme-financing-gb-auto-loan-chinese-investment-indrive-cargas\/","url_meta":{"origin":579049,"position":1},"title":"ACWA Power\u2019s Kom Ombo solar plant to finish construction by April 2024. 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