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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…
EETC, Elsewedy sign agreement for EGP 362.4 mn-worth of power transformers
The Egyptian Electricity Transmission Company (EETC) signed a EGP 362.4 mn equipment purchase and installation agreement with Elsewedy Electric for…
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