Simplex Sets Sights on Saudi Market with $13 Million CNC Factory Launch

In a significant stride toward expanding its footprint in the Middle East, Simplex—an Egyptian industrial solutions company—has revealed plans to invest $13 million in a state-of-the-art CNC factory in Riyadh. This initiative is backed by a Memorandum of Understanding signed with the Kingdom’s National Industrial Development Center, underscoring Saudi Arabia’s commitment to nurturing local manufacturing and advanced industries.

Set to occupy 20,000 square meters in the heart of Riyadh, the facility is slated to kick off operations by the first quarter of 2026. Although final production capacities are still under review, Simplex Co-Founder and Chief Commercial Officer Mohamed Mansour expressed optimism about the venture’s impact, noting, “We are working on innovative products that meet our clients’ evolving needs, and we hope this factory strengthens the Kingdom’s position as a regional industrial hub.”

By focusing on Computer Numerical Control (CNC) technology, Simplex aims to cater to a variety of sectors—from automotive parts to high-precision components for healthcare equipment. The company also hopes its expansion will spark local talent development, generate employment opportunities, and contribute to the Kingdom’s non-oil export capabilities.

Eng. Ahmed Shaaban, Chairman of Simplex, emphasized that this aligns perfectly with Saudi Arabia’s Vision 2030, which highlights diversification beyond traditional energy resources. “This project reflects our commitment to advancing the Saudi industrial sector,” he said. “We’re excited to partner with local stakeholders and play a role in shaping the future of manufacturing here.”

With this new undertaking, Simplex not only reinforces its regional presence but also signals a broader shift: as demand for advanced machinery and local production rises, Saudi Arabia appears poised to become a key player in the global manufacturing landscape.