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About us

Beyond Boundaries

As a publicly listed company with a legacy spanning over 40 years, MB Engineering Group has established itself as a reliable leader in the electrical industry, specializing in manufacturing, trading, and services. We are deeply committed to maintaining high standards of quality and innovation.

Our four specialized subsidiaries are designed to offer customized solutions that address the unique needs of our clients. By concentrating on the electrical sector and embracing the latest technologies, we ensure our position at the forefront of the industry.

At MB Engineering Group, we are committed to driving the future of the electrical industry with a strong emphasis on integrity, sustainability, and excellence.

Mission

To deliver cutting-edge electrical solutions that enhance efficiency, safety, and reliability, empowering our societies to thrive in a dynamic world.

Vision

To be the leader in electrical solutions, renowned for our efficiency and reliability, and the ability to power positive change in every society we serve.

Purpose

We promise to Empower you. At MB Engineering Group, our promise is to consistently provide our customers with trusted, high-quality electrical solutions

History Timeline

1981
The Beginning

We started in 1981 as an agent for a European brand in the Low Voltage electricity sector, laying the foundation for our future growth.

2000
Adding Value

 In 2000, we transitioned from an agent to a value-adding distributor, offering more comprehensive solutions to our clients.

2005
Segmentation

By 2005, we expanded into different customer segments within the Egyptian market, broadening our impact and service offerings.

2012
Backward Integration

In 2012, we evolved into a solution provider, starting our own manufacturing as a panel builder to offer customized solutions.

2014
EGX Listing

We listed on the Egyptian Stock Exchange in 2014, which helped us scale and grow our business further.

2015
Building a Local Brand

 In 2015, we focused on creating a strong local brand in Egypt, with a consolidated product portfolio.

2016
IPO and Growth

Our Initial Public Offering in 2016 was a success, raising 1 billion EGP. We also began integrating more of our operations to improve quality and efficiency.

2018
Diversifying

We expanded into the logistics sector in 2018, offering more comprehensive solutions.

2019
Going Global

 In 2019, we launched an export arm, opening up new global opportunities.

2021
Sha7en EV

In 2021, we launched Sha7en, our subsidiary focused on EV charging solutions, marking our commitment to sustainable mobility.

2023
Digitalization

In 2023 we launched E-Matador the B2B platform.

2024
Acquisition

In 2024, we acquired Maven Cables, strengthening our position in the local market and accelerating growth in the electrical infrastructure.

 
 
 

Meet the Founder

Eng. Bahaa Shalaby, a visionary with an unyielding passion for innovation, established MB Engineering Group with a dream to transform Egypt’s electrical landscape. His legacy of excellence continues to inspire and drive us forward. His journey from a military engineer to a pioneering entrepreneur reflects his dedication and foresight in revolutionizing the electrical industry.

Eng. Bahaa
Eng. Bahaa Shalaby

Leadership Team

Meet the visionaries steering the ship

Eng. Bahaa Shalaby

chairman

The mastermind and non-executive chairman. His visionary approach has been instrumental in shaping the strategic direction of the company.

Dr. Ahmed Bahaa

CEO

The strategist and CEO. With a rich background in both academia and industry, Dr. Ahmed brings a blend of knowledge and practical expertise.

Tamer Shalaby

Mr. Tamer Shalaby

Vice Chairman

Mr. Tamer Shalaby, an HR Guru with two decades of experience, has demonstrated exceptional leadership in managing diverse cultures across various industries. His career includes significant roles in launching major organizations, such as Sainsbury in 2000 and Etisalat in 2008, where he played a key role in recruitment and organizational development

Mohamed Saleh

Mr. Mohamed Saleh

CHIEF FINANCIAL OFFICER

Mr. Mohamed Saleh brings 12 years of auditing experience, formerly with Ernst & Young Egypt, to his role as CFO. He oversees corporate governance and internal audits, ensuring the company›s financial integrity

Dr. Mohamed Nader

NON-EXECUTIVE MEMBER

Dr. Mohamed Nader, with a background in investment banking at EFG-Hermes, has significant experience in IPOs and private placements. He has also provided consultancy services in London for Westminster Business Consultant.

Dr. Hashem El-Sayed Hashem

NON-EXECUTIVE MEMBER

Dr. Hashem El-Sayed Hashem is the Chairman and CEO of EGY Capital Group. He specializes in planning, corporate finance, and investment promotion, with a strong track record in restructuring and enhancing company performance

Ms. Lamia Mokhtar

NON-EXECUTIVE MEMBER

Ms. Lamia Mokhtar, with over 25 years of experience, is a communication expert currently advising the General Authority for Investment and Free Zones. Her expertise spans relationship building, marketing, and event management