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Elsewedy to pay out EGP 1.7 bn in shareholder dividends
Elsewedy Electric agreed this week to pay EGP 1.7 bn in dividends to shareholders at EGP 0.8 per share, according…
Elsewedy-Mitsubishi consortium wins USD 550 mn EPC contract for Sharjah power plant
Elsewedy-Mitsubishi consortium awarded USD 550 mn EPC contract for Sharjah power plant: A consortium of Elsewedy Electric and Mitsubishi Hitachi…
Rosatom visiting Egyptian steel companies for Dabaa partnerships
Senior executives from Russia’s Rosatom have begun talks with several Egyptian companies, including Orascom Construction, Elsewedy Electric, and Ezz Steel,…
Egyptian companies want a slice of the USD 20 bn Libyan reconstruction pie
INFRASTRUCTURE WATCH- Egyptian companies want a slice of the USD 20 bn Libyan reconstruction pie: Several Egyptian companies are gearing…
Earnings Watch: Edita, Elsewedy Electric, GB Auto, EKH, PHD, ACC, NBK
EARNINGS WATCH- High-profile snackfood maker Edita recorded a 20.4% y-o-y increase in net profit in 4Q2018 to EGP 128.3 mn,…
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 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…
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