The Matrex Capital Investment Group, commenced business in 2003 under the name of Mediterranean and African for Trade and Export (MATREX) Ltd and was initially registered in Egypt as a shareholding company, owned by the investment group Mansour and El Maghrabi for Investment and Development (MMID), Mr Mohab Zakaria as well as two other individual shareholders. Between the years 2003-2011, and through partner consensus, Mr. Mohab Zakaria was elected as the Chief Executive Officer. He established sister companies to MATREX to tap into different business sectors and expand the portfolio. These companies covered business in the areas of trade, export, supply chain, as well as contracting, engineering, manufacturing. The companies' scope of business covered Egypt, Sudan, Afghanistan, Angola, Uganda, Chad, India and Bangladesh. Following the Egyptian uprising in 2011, MMID offered the opportunity for Mr. Zakaria to make an offer of buying out their shares, as well as those of the remaining two partners. Drawing on his extensive expertise in Credit Banking, as well as his enhanced entrepreneurial skills, Mr. Zakaria was able to implement a complete restructure of MATREX Egypt and its sister companies, transforming them into The Matrex Capital Investment Group; 'MCIG'.