Elsewedy Electric’s subsidiary, Elsewedy Electric for Trade & Distribution announced signing an agreement with the Egyptian Electricity Transmission Company for phases two and three of the Sharq AI Owainat transmission lines in the New Valley Governorate. The 200 km-long lines will be implemented as part of an EPC turnkey agreement worth a total of EGP 437.6 mn. The project will be implemented over 10 months.
More from Enterprise
CIB’s 3Q net income falls 17% y-o-y, 9M core earnings grow 18%
Here are the stories driving the day, both at home…
Africa’s own credit rating agency plans its first rating by March 2027, and our central bank has long backed it
Its early value lies in 22 sovereigns nobody rates, and…
EGX’s newest investors meet their first selloff
Heavy borrowing, margin calls, and looming repayments could make a…