Egypt clothing firm Arafa to launch in Dubai


Egyptian firm Arafa has announced it will set up a new company in Dubai. The board of directors of Arafa for Investment and Consultancies unanimously approved establishing a fully-owned limited-liability company in Dubai, a statement said.

The new firm will specialise in the trade of ready-made garments and will be registered with the Department of Economic Development in Dubai.

Headquarted in Cairo, Arafa Holding consists of three business segments; retail, apparel and tailoring, and textiles. It operates through managing and administrating its subsidiaries and affiliated companies. According to the company’s LinkedIn profile, it also specialises in textile manufacturing.

The company owns several homegrown brands such are Concrete, which is local retailer for luxury men’s and kid’s wear in Egypt. The Baird Group is Arafa Holding’s UK subsidiary which claims to have a 15 per cent share of the country’s formal men’s wear market. Currently, the company operates a discount retail e-commerce site ( to outlet the excess capacity of apparel and tailoring segment of the company. Other brands include Euromed for Trading and Marketing, and Racing Green.

Arafa Holding adds on its official website that “our products reach the wardrobes of a huge number of customers worldwide through both our own retail networks and through our clients’ networks. Additionally, Arafa Holding has investments in subsidiaries that serve different market segments at different export markets across the globe with extensive retail networks/clients in Egypt, UK, Italy, US and other European countries.”

Parent company Al Arafa for Investment and Consultancies (AIVC) reported a consolidated net profit after tax attributable to the holding company of $4.907 million during the August-October period of 2022, according to the consolidated financial statement filed to the Egyptian Exchange (EGX) on January 16th.

The company also recorded a consolidated net profit after excluding minority interest of $9.343 million for the period ending October 31st 2022.

On the other hand, AIVC recorded standalone net loss after tax of $3.637 million at the end of October 2022, compared to a profit of $269,567 in the same period last year.