The group was founded in 1895 with the resolve of becoming a leader in manufacturing, trading and distribution in Egypt. The Mohamed Mahmoud Sons Group is a well established prominent business group in Egypt. Active in both industrial and commercial business, MM Group has an excellent reputation across the country.
MTI Corporation
MTI was founded in 1996 with a clear vision towards becoming Egypt’s largest distributor and is currently a market leader in the local consumer electronics distribution and retail segment.
MTI is a Joint Stock Company, formally incorporated in 1996, listed on the Egyptian Stock Exchange (Ticker: MTIE.CA).
MTI is one of Egypt’s largest distribution companies by geographic coverage with access to over 40,000 points of sale. MTI operates various business lines, including consumer electronics, telecommunication, automotive and tractors through partnerships with leading global brands including Samsung, Vodafone, Huawei, Range Rover, Jaguar, Maserati, Bentley, Carrier and Bosch.
Key Success Factors
MTI holds a diversified product portfolio with significant growth prospects through strong partnerships with leading global brands.
MTI operates various business lines such as; consumer electronics, telecommunication, automotive, and tractors.
- Substantial distribution platform with 40,000+ points of sale.
- Diverse Business Model with multiple lines of business that are at different stages of maturity.
- Responsiveness to rapidly changing environment proving great flexibility in responding to changing market dynamics and consumer preferences.
To our valued readers, investors, and customers,MTI’s strong performance year after year is a testament to our diversified business and multiple engines of growth carried out with a disciplined strategy and outstanding execution from our team. At MTI, we have strived to offer our partners and customers the best in class service to guarantee their constant satisfaction, and maintain our status as Egypt’s leading distributor and retailer.
MTI’s track record over the years highlights our agility in adapting to a rapidly changing consumer environment. Our philosophy is to always exceed our customers’ expectations in the services we provide and in maintaining strong ties thereafter.
MTI continues to prove its strength in the domestic consumer market, with the largest distribution network by geographic reach and retail points of sale. It is also our delight to mention that our business is constantly expanding, through adding several internationally-renowned brands to our current portfolio. This has been a direct result of the efforts invested by MTI’s team of 1,500+ dedicated employees across Egypt, with one common spirit of success.
We look forward to continuously see our customers and partners pleased by the services and care we will continue to offer.
- Our Vision:
Our vision is to be pioneers in a rapidly-changing consumer environment, driven by integrity, teamwork and innovation.
- Our Mission
Our mission is to be market leaders in distribution and retail, by providing our customers with unmatched accessibility to the best product range of goods and services at the most affordable prices.
Mr. Khaled Mahmoud has over 30 years of experience in the distribution and retail businesses across various business segments. He is also an experienced investor where he invests opportunistically in private equity and investment securities across various industries both locally and internationally.
He serves on the board of several family investments of substantial size, such as Egypac, New Finepac, the Egyptian Company for Liner and Fluting Production ‘ELF’, which combined are the leading producer of linerboard and corrugated packaging products in Egypt. He serves on the board of the Egyptian-Belgium Company for aluminium door and window systems ‘EGYBEL’, a pioneer in the local market.
Previously Mr. Khaled served as a board member of the Chamber of Commerce and the Egyptian National Competitiveness Council (ENCC). Mr. Khaled has held other several key positions throughout his career as a former Board member in the Egyptian Junior Businessmen Association and Beltone Financial.
Mr. Khaled holds a B.S in Commerce and a MBA from Ain Shams University and is proficient in Arabic, English and French.
Eng. Gharib has spent over 23 years MTI and is currently the CEO of the Automotive business. He joined MTI in 1992 with a mandate to launch new projects and new operations. Ahmed has made valuable contributions in opening new channels of business for MTI with various global manufacturers from Russia, Ukraine and the Czech Republic.
His focus shifted towards the Automotive business in 2001 where he has succeeded in enhancing efficiency and profitability in the last 14 years. Prior to MTI, he was a Service Engineer at Baker & Hughes.
Mr. Gharib holds a BSc. of Electrical Engineering from Ain Shams University and is proficient in Arabic, English and French.
Mr. Salah has over 13 years of experience at MTI where he has held various positions within the sales and marketing departments including; Mobile Network Operators Sales Manager, Organized Retail Key Accounts Manager, Assistant Marketing Manager and Director of TV and Mobile business. Mr. Salah currently serves as the Executive Director of Consumer Electronics business.
Mr. Salah holds a B.A in Economics from the American University in Cairo and is proficient in Arabic, English and French.
Mr. El ghannam has over 17 years of experience in the financial field and is currently the Chief Investment and Investor Relations Officer. He joined MTI in 2017 after the IPO to be responsible for establishing the IR department and to provide strategic insight and financial assessments of potential growth & partnerships/M&A opportunities, as well as post-alliance analysis and integration capabilities. Before joining he held various positions in a leading Industrial company and Investment Banks.
Mr. Ashraf holds a B.A in Actuarial Science from Cairo University and is proficient in Arabic and English.
Ms. Sally has been with the Company since early 1998 in the beginning of 2016, she became responsible for Investor Relations and the management of information to and from key business executives in the organization. Ms. Sally currently serves as the Head of Banking operations.
Ms. Sally holds Bachelor of Business Administration from Helwan University and a Masters of International Business Administration from the École Supérieur Libre des Sciences Commerciales Appliquées (ESLSCA) in Paris, France.
