Home lists 100 Most Powerful Arabs 2023 Mohamed Mansour Founder and board member, Mansour Group Origin: Egypt Residence: Egypt Sector: Diversified The Egyptian conglomerate, which was founded by Mansour’s father in 1952, has exclusive distribution rights for Caterpillar and General Motors (GM) in Egypt and seven other African countries. In December 2022, Mansour said his group was in talks with Peugeot, GM and MG about manufacturing in Egypt. Mansour wants the group to be at the forefront of electrical vehicle investments in Egypt and plans to announce a potential deal in 2023. In December, the tycoon said he was considering investing in the English league to build on his majority stake in the Danish side FC Nordsjaelland.