Egyptian business tycoon Mahmoud Al-Araby passes away at 89

  • Date: 10-Sep-2021
  • Source: Egypt Today
  • Sector:Economy
  • Country:Egypt
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Egyptian business tycoon Mahmoud Al-Araby passes away at 89

CAIRO – 9 September 2021: Co-founder of Al-Araby Group Mahmoud Al-Araby passed away on Thursday at the age of 89, the group announced in a Facebook post. Al-Araby’s funeral will be held after the Friday prayers in Al-Araby Mosque in Ashmoun, Menoufia. Mahmoud Al-Araby was born in 1932 as part of an indigent family in Ashmoun. His father passed away while Mahmoud was in a young age. Mahmoud Al-Araby then moved to live in Cairo and worked as a salesman in a small shop for stationery. Eventually, he turned to become the co-founder of one of the largest business entities in Egypt.