Al-Kasid Enterprises’ Chairman, Mr. Mouwaffak Elsamarrae, is one of the main founders of GK Auto, a company specializing in automobile trading with assets valued upwards of 90 million USD. GK Auto was founded in 2010 as a joint venture between Al-Kasid Enterprises, which represents the sole Iraqi partner, and GB Auto, an Egyptian conglomerate. The venture has experienced constant and aggressive expansion since its inception and today has branches and facilities in Jordan, the United Arab Emirates, and throughout Iraq (including Kurdistan).