In an exciting development for the industrial sector, Simplex, an Egyptian CNC machine manufacturing startup, has announced securing $13 million in funding to establish a massive factory in Riyadh, Saudi Arabia. The initiative aligns with the Kingdom’s push to localize advanced industries as part of its ambitious Vision 2030 agenda. The upcoming factory will be … Continue reading Egypt’s Simplex Secures $13 Million to Establish CNC Factory in Saudi Arabia