16 Days
Source:
الاقتصادية
Simplex’s Rise from Upper Egypt
The article discusses the journey of the founder of Simplex Company, Ahmed Shaban, from Qena in Upper Egypt to his success in developing an industrial company specializing in the manufacturing of CNC (Computer Numerical Control) machines. His project began with a small workshop and limited capabilities in 2011, facing significant challenges such as lack of funding, low confidence in the product, and difficulties in sourcing supplies and skilled personnel. Through dedication and a focus on quality, the company managed to expand into international markets, with exports valued at nearly $3.5 million and participation in 26 international exhibitions, highlighting Egypt's industrial ability to compete globally. Shaban emphasizes that Egypt possesses strong advantages due to its location and costs, but the need for greater support for the export industry remains essential for further growth.
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