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Taking stock of what French companies pledged during Macron’s 2019 visit to Egypt
Macron has left the city. We take stock of the agreements signed during the French president’s three-day visit to Egypt,…
Elsewedy Electric
Elsewedy Electric could invest up to EGP 2 bn in new capital projects
Elsewedy Electric is mulling investing up to EGP 2 bn in new infrastructure and power generation projects in the new…
Elsewedy Electric plans to get into desalination
Elsewedy Electric plans to get into desalination: Elsewedy Electricity has plans to begin developing desalination plants in Egypt, CEO Ahmed…
Elsewedy, Arab Contractors ink USD 2.9 bn Tanzania dam agreement
Elsewedy, Arab Contractors ink USD 2.9 bn dam construction agreement with Tanzania: A joint venture between Elsewedy Electric and Arab…
Egypt’s Elsewedy, Afreximbank ink USD 500 mn loan agreement
Elsewedy, Afreximbank ink USD 500 mn loan agreement: Elsewedy Electric signed a USD 500 mn loan agreement with the African…
Elsewedy subsidiary to develop SCZone area for estimated EGP 10 bn
INVESTMENT WATCH- Elsewedy to develop EGP 10 bn industrial zone in SCZone: An Elsewedy Electric subsidiary has signed a contract…
Earnings watch: Elsewedy Electric’s net profit and revenues fall in 3Q2018
EARNINGS WATCH- Elsewedy Electric’s consolidated net profit fell to EGP 1.16 bn in 3Q2018 from EGP 1.58 bn during the…
Elsewedy Electric looks to build tech-focused university in Upper Egypt
Elsewedy Electric CEO Ahmed El Sewedy is looking to obtain land in Upper Egypt to establish a tech-focused university in…
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