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RIYADH: Egyptian businessman Mahmoud Elaraby, founder and chairman of Elaraby Industrial Group, died on Thursday at the age of 89, the Group announced on Facebook.
Elaraby is considered one of the pioneers of Egyptian industry, and he was the president of the Federation of Chambers of Commerce. His company is one of the largest industrial groups in the country.
Elaraby Group was established in 1964 and works in the field of marketing and manufacturing electronic and electrical devices.
In 1974, the Elaraby Group entered into a partnership with the Japanese company Toshiba, and this was the beginning of the group’s entry into the field of local manufacturing, according to its website.
Mahmoud Elaraby is the father of Ibrahim Elaraby, president of the General Federation of Egyptian Chambers of Commerce.
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