Founded by the late Mahmoud El-Araby, ELARABY Group began as a small stationery shop in Cairo before expanding into one of Egypt’s largest industrial groups. In January 2026, ELARABY Group announced new strategic investments and partnerships valued at nearly $500 million with several international brands, including Sharp, Hitachi, TCL, La Germania, and Hoover. The group also introduced Nova Freeze, a specialized company providing industrial and commercial refrigeration solutions.