Mr. Abdel Ma’assoud Arafa establishes himself as a fabric retailer in the Nile Delta region
Mr. Ahmed Arafa relaunches the family business, primarily as a fabric retailer.
The Arafa family establishes Goldentex Group
Arafa Holding establishes Swiss Garments Company, entry to Ready Made Garments.
Arafa Holding acquires a majority stake in Port Said Garments Company.
Arafa Holding acquires Concrete from Al Hakim Family, the largest local retailer today with 20% market share.
Arafa Holding establishes Egypt Tailoring Company as a manufacturer of high end menswear.
Arafa Holding establishes “Brands for Less,” a retailer of men’s discounted garments
Arafa Holding acquires 31.6% stake in UK-based retailer BMB Group Limited (later reorganized under Baird Group)
Arafa Holding increases its stake in Goldentex Group to 32.6%.
In December, Arafa Holding goes public and increases its stake in Goldentex Group to 44%.
Arafa Holding acquires SRG& Melka,in UK market
Arafa Holding acquires 35% of Forall Group owner of the Italian prestigious brand Pal Zileri
Al Arafa forms The Baird Group to consolidate its UK subsidiaries
Arafa Holding divests its indirect stake (Baird Group) in SRG and Melka
Mayhoola acquires the majority stake in Forall Group , while Arafa Holding maintains same stake of 35%
Arafa Holding increase its stake in Baird Group to 98.2%