History

Mr. Mohamed Ragab was born in 1932 to a farming family as the oldest of his brothers and began his career at a young age managing his father's rice mill after graduating with a Bachelor's degree in Commerce from Alexandria University. Soon after, however, the family lost ownership of the mill when it was nationalised. After an unsuccessful attempt to get a job at a bank, Mr. Ragab came to the realisation that he had no other choice but to rebuild the family's business on his own, a time of his life he describes as incredibly challenging yet full of valuable lessons in life. Capitalising on his then limited experience in the rice industry, Mr. Ragab started his business in trading food products through his first company, Ragab Imports & Exports. By the end of the seventies the company had become a market leader in food imports, an achievement particularly based on the growing trade of food and dairy products with Europe.

In the early eighties, Mr. Ragab's two sons, Abdelfattah and Alaa Eldin, graduated as Industrial Engineers and joined the business bringing a new outlook on technology. The two new graduates were tasked by their father with an extraordinary project which amounted to nothing less than negotiating the future, a testament to the vision of Mr. Ragab. His eldest son, Eng. Abdelfattah was dispatched for extensive industrial training in Japan and his brother, Eng. Alaa Eldin, became the group’s envoy to China. At the time, Mr. Ragab saw the future would be shaped by the emergence of these two great power houses and the past three decades have shown that his judgement is fully vindicated. Ragab Motors was hence set up to serve a flourishing automotive market and went on to operate quite successfully for fifteen years as the sole agent of Ford and Daihatsu Motor Companies and a number of global earth moving equipment brands.

In 1994, Mr. Ragab reinvested in the farming business by acquiring 1700 acres of desert reclaimed land where he developed Ragab Farms, a modern farm that implements novel practices in agronomy, fertigation and water management. By adopting the latest advances in horticultural technology guided by South African expertise, Ragab Farms has become one of Egypt's large growers and exporters of fresh produce and ornamentals and supplies most markets in the Europe, Middle East, and Asia.

In 1999, changes in the Economic conditions of Egypt and currency rates presented imports with crippling challenges and created considerable shifts consumer behaviour. Led by Mr. Ragab, the group took the strategic decision of downsizing its share of imports and focusing on services to adapt to the new market trends.

Beginning by education with a focus on the next generation, Ragab Group built Riada Language Schools (“Riada” means Leadership) to offer a global standard of education by teaching international curricula. The three schools currently enrol more than 2500 students and provide education from preschool level until high school and award graduates with secondary certificates through either the National, British, or the American systems. The group's next educational milestone was Alexandria Institute of Engineering and Technology, a higher institution established in 1997 which offers Bachelor degrees in Mechatronic, Industrial, Communications and Computer Engineering. AIET has graduated more than 2500 chartered engineers and now has a student body of 1800 students.

Finally, in 2006, Mr. Ragab established Pharos University in Alexandria (PUA) on a unique piece land he owned in the heart of the city. PUA stretches over an area of more than 250 000 square meters and serves more than 8000 students across 11 faculties in the field of Pharmacy, Dentistry, Physical Therapy, Engineering, Humanities and Social Sciences. PUA's modern campus is equipped with state-of-the-art facilities that integrate sophisticated technology with novel teaching methods to provide world class education. The international strategic partners providing accreditation to PUA include Dublin Institute of Technology (DIT), Ireland, and the Royal Institute of Technology in Stockholm (KTH), Sweden. PUA has attracted 11.000 students with a full time academic staff of 650 and an adjunct staff approaching 200 members

Within the Retail and Hospitality sectors, in 2001 Ragab Group opened Green Plaza, a large shopping centre in Alexandria and the first of its kind including more than 350 shops situated around a 400-room 5-star hotel owned by the group and operated by Hilton Hotels. A convenient 3-star hotel within the same complex soon followed to serve budget travellers. The group's next touristic mega-project was Hilton Kings Ranch, a 200-room hotel on the borders of city aimed at recreation and wellness and equipped with a lavish Spa and a huge 3000-square-meter swimming, among the largest in the country. The hotel is adjacent to King's Ranch, the group’s horse riding club, which hosts numerous international showjumping competitions in its vast arenas every year.

In addition to his remarkable success as a serial entrepreneur, Mr. Ragab's societal efforts have made significant contributions to the local community. For thirty years, he was the Chairman of Alexandria Businessmen Association (ABA), an NGO he founded with the aim of community development and improving the Business climate through research, advocacy and raising the efficiency of Human Resources. The ABA is internationally recognised for implementing one the world’s best practice most successful micro-finance community projects. The project was led by Mr. Ragab and and continues to serve local communities in six govern orates around Egypt until today and employs 1200 social workers. By giving loans amounting to 6 Billion Egyptian pounds, the project has created more than 800,000 jobs and boasts a repayment rate of 99.65%. Mr. Ragab has also founded the family owned Ragab Foundation which provides a wide range of community services to those in need.

Today, Ragab Group has a diversified portfolio of 15 organisations in the fields of Education, Hospitality, Retail, Agriculture, Logistics and International Business and employs more than 5000 people. The group's current projects include two new schools with a capacity of 3000 students and a new luxurious hotel. It continues to be managed by three generations of the Ragab Family led my Mr. Ragab himself, his two sons, and six grandsons.

In recognition of his great accomplishments, Dublin Institute of Technology, a century-old leading Irish university, awarded Mr. Mohamed Ragab a Honorary Doctorate in 2015 for his outstanding achievements as an entrepreneur, innovator and and philanthropist.

Mr. Mohamed Ragab