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
We started in 1981 as an agent for a European brand in the Low Voltage electricity sector, laying the foundation for our future growth.
In 2000, we transitioned from an agent to a value-adding distributor, offering more comprehensive solutions to our clients.
By 2005, we expanded into different customer segments within the Egyptian market, broadening our impact and service offerings.
In 2012, we evolved into a solution provider, starting our own manufacturing as a panel builder to offer customized solutions.
We listed on the Egyptian Stock Exchange in 2014, which helped us scale and grow our business further.
In 2015, we focused on creating a strong local brand in Egypt, with a consolidated product portfolio.
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.
We expanded into the logistics sector in 2018, offering more comprehensive solutions.
In 2019, we launched an export arm, opening up new global opportunities.
In 2021, we launched Sha7en, our subsidiary focused on EV charging solutions, marking our commitment to sustainable mobility.
In 2023 we launched E-Matador the B2B platform.
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 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.
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
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