41. MM Group For Industry And International Trade (MTI)
Sector: Retail
Group CEO: Khaled Mahmoud
Market value: $179 million
Sales: $484 million
Profits: $20 million
Assets: $198 million
MTI is a distribution company with access to over 40,000 points of sale. It operates various business lines, including consumer electronics, telecommunication, automotive, seamless pipes, and tractors. The consumer electronics line represented 65.9% of revenues in 2021, while telecom represented 12.5%, and automotive 20.1%. The company has partnerships with brands including Samsung, Vodafone, Huawei, Range Rover, Jaguar, Maserati, Bentley, Carrier, and Bosch.
