Simplex opens new CNC machinery factory in 10th of Ramadan City

Egyptian startup Simplex has opened a new 40,000 square meter CNC machinery manufacturing facility in 10th of Ramadan City, investing $50 million. The expansion doubles production capacity and is expected to create over 1,000 direct jobs.

“Egyptian startup Simplex has spent 50 million dollars opening a new CNC machinery factory in 10th of Ramadan City and broken ground on a third.”techscoop.io

• 1 source
• techscoop.ioEgypt's Simplex Invests $50M to Double CNC Capacity | TechScoopIrfan AsifJul 29, 2026

Summarized from public sources; check the original articles before acting on it.