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Elsewedy Electric, Arab Contractors secure USD 500 mn Afreximbank credit facilities. PLUS: New pharma company acquires stakes in Jordanian diagnostics player
Afreximbank previously supported a dam project developed by Elsewedy and Arab Contractors
TAQA Arabia launches Tanzania’s first CNG station. PLUS: News from Capricorn Energy, NERIC, Samcrete, Cashcall
The CGN station is the first of 12 stations TAQA will set up in Tanzania
Elsewedy Capital and Ezz El Arab Automotive team up to locally assemble cars
The newly found company aims to annually produce 50k units in the “coming years”
Presidential hopeful Yamama isn’t a fan of the IMF or Israel
In an unexpected turn of events, talk shows shifted their attention from Gaza to the new cigarette prices, the upcoming…
Sherif El Zeiny steps down at Elsewedy
Sherif El Zeiny had been the company’s CFO and VC since 2015
Elsewedy Electric bottom line doubles
The company also clocked a 66% y-o-y jump in revenues in 3Q 2023
Egypt awards contracts for logistics zones, dry port + inks agreements to give our transport sector a boost
Egypt inked a slew of new agreements to develop our logistics, maritime and land transport sectors at TransMEA 2023
Your Uber commute is now going to cost you a little more
The government raised fuel prices by up to 14% last week
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