Simplex has opened a US$50 million CNC factory in Egypt, doubling production capacity, expanding exports to 34 countries, and strengthening local manufacturing.
The inauguration ceremony was attended by Egypt's Minister of Finance, Dr Ahmed Kouchouk, alongside investors, diplomats, senior government officials, and international business partners.
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Guests were welcomed by Simplex co-founders Eng. Ahmed Shaaban and Eng. Mohamed Mansour, who outlined the company's growth strategy and showcased its latest production capabilities.
During a guided tour, attendees visited the factory's advanced assembly lines, engineering workshops, and manufacturing divisions before witnessing the official launch of Simplex's latest generation of CNC machinery.
The company also unveiled the new production line under the "Proudly Made in Egypt" label, reinforcing its commitment to strengthening local manufacturing and increasing the global competitiveness of Egyptian industrial products.
As part of its regional expansion strategy, Simplex signed new partnership and agency agreements in Jordan and Kuwait, extending the reach of its engineering products across Middle Eastern markets.
The company also laid the foundation stone for its third manufacturing plant, signalling its continued investment in expanding production capacity and supporting Egypt's long-term industrial development.
Speaking at the event, Ahmed Shaaban, Founder and Chairman of Simplex, described the company's journey as an example of what local innovation can achieve. "Simplex began as a university graduation project and has evolved into a company exporting to 34 countries. This achievement demonstrates that Egyptian engineering talent and industrial innovation can compete successfully on the global stage."
Co-founder and Chief Commercial Officer Mohamed Mansour said the expansion would strengthen the company's ability to meet growing international demand while advancing its ambition to become a leading global manufacturer of CNC machinery.
Founded as a startup, Simplex has grown into one of the region's leading CNC machinery manufacturers. The company now employs more than 400 engineers, technicians, and administrative professionals, serves over 4,500 customers, and has generated cumulative sales exceeding US$100 million.
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Its products are exported to 34 countries across Africa, Europe, and the Middle East, with exports currently accounting for around 15% of total production. The latest regional agreements are expected to increase that share in the coming years.
The new factory is expected to double Simplex's production capacity, enabling the company to manufacture more advanced CNC equipment while reducing production lead times and improving operational efficiency.
The expansion will also reduce reliance on imported machinery and external suppliers, supporting Egypt's broader objective of localizing high-value manufacturing and strengthening domestic industrial capabilities.
Beyond production, the investment is expected to create more than 1,000 direct jobs and over 10,000 indirect employment opportunities, providing a significant boost to Egypt's manufacturing workforce and supply chain ecosystem.
As demand for advanced manufacturing technologies continues to grow worldwide, Simplex's latest investment positions Egypt as an increasingly important player in regional industrial production.
By combining expanded manufacturing capacity with stronger export partnerships and continued investment in innovation, the company is helping advance the Made in Egypt brand while supporting the country's ambition to become a leading engineering and manufacturing hub serving Africa, the Middle East, and international markets.
Why Simplex Matters to the GCC
Simplex's expansion reflects Egypt's growing role as a regional manufacturing and engineering hub, creating new opportunities for GCC businesses seeking reliable industrial suppliers closer to home.
As Gulf countries accelerate industrial diversification under initiatives such as Saudi Vision 2030, Operation 300bn in the UAE, and Oman Vision 2040, demand for advanced manufacturing equipment and industrial partnerships is increasing.
The company's new partnerships in Jordan and Kuwait also highlight the growing integration of regional supply chains.
For GCC manufacturers, distributors, and investors, Egypt offers a competitive production base with lower manufacturing costs, skilled engineering talent, and access to African, Middle Eastern, and European markets.
Strengthening industrial collaboration with Egyptian manufacturers like Simplex could help Gulf companies diversify sourcing, reduce import dependence, and support the region's broader ambitions in advanced manufacturing and industrial innovation.
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