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Elsewedy Electric agrees to EUR 42 mn loan from National Bank of Greece
Elsewedy Electric’s board of directors approved yesterday receiving a EUR 42 mn loan from the National Bank of Greece, according…
Elsewedy Electric
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Elsewedy Electric
Earnings watch: Elsewedy Electric net profits fall 32% in 1Q2019
EARNINGS WATCH- Elsewedy Electric reported a 32% y-o-y drop in net profit to EGP 957.2 mn in 1Q2019, down from…
Elsewedy Electric to establish utilities JV with SCZone Authority
INVESTMENT WATCH- Elsewedy Electric to establish utilities JV with SCZone authority: Elsewedy Electric has signed a partnership agreement with the…
Ahmed Nabil Abdelmeguid named M&A head at Elsewedy Electric
MOVES- Elsewedy Electric has appointed Ahmed Nabil Abdelmeguid (LinkedIn) as the company’s new head of mergers and acquisitions. Abdelmeguid was…
Elsewedy Electric unit signs EGP 550 mn Port Said transmission station contract
Elsewedy Electric signed a EGP 550 mn contract to build an electricity transmission station at Port Said’s industrial zone on…
Siemens Gamesa settles on Elsewedy-Marubeni consortium for first phase of wind power project
Siemens Gamesa has selected a consortium of Elsewedy and Marubeni to launch the first phase of 180 MW wind power…
Elsewedy’s industrial development arm obtains 15.4 mn square meters from IDA
Elsewedy Electric’s industrial development arm has obtained 15.4 mn sqm from the Industrial Development Authority (IDA) and the Suez Canal…
Elsewedy Electric signs EGP 1.7 bn power transmission agreement with EETC
Elsewedy Electric has signed an EGP 1.7 bn agreement with the Egyptian Electricity Transmission Company (EETC) to set up an…
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