Famous Egyptian entrepreneur Mahmoud El-Araby, owner of the Toshiba El-Araby group of factories, died Thursday evening at the age of 89.
Al-Arabi Group of Companies stated in a statement posted on his official “Facebook” account: “We mourn with more sadness and sorrow the death of Hajj Mahmoud Al-Arabi, chairman of the board of directors of the Al-Arabi group and a national industrialist, who passed away today.”
His roots lie in the countryside, and he was born in 1932 in the village of Abu Raqba Ashmoun, Menoufia.
In 1975, Al-Arabi visited Japan and saw the factories of the Toshiba company, of which he obtained his agency, then asked them to establish a factory in Egypt. In 1982, an industrial complex was built in Banha.
Over the ensuing decades, his collaborations with Japanese and other electronic device manufacturers increased to become an agent for their brands.
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