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Emirati-Egyptian partnership to launch USD 500 mn Nile-side development. PLUS: Talaat Moustafa Group, ACWA Power + AMEA Power, Elsewedy, Admaius, Concrete, Puma
The project will see the construction of three mixed-use towers and a five-star hotel
UAE’s Electra snaps up 20% of Elsewedy Electric for USD 450 mn
Elsewedy Electric’s share price remained relatively stable following the transaction
Wastewater plants, schools, and electricity projects to soon be offered up for the private sector. PLUS: Sidpec, Integrated Diagnostics Holdings, Elsewedy Electric, Infinity
Four wastewater plants will be offered to the private sector within four months
Float, higher revenues push up Elsewedy Electric’s bottomline
Revenues rose 35.7% y-o-y to EGP 45.3 bn during the quarter
UAE’s Electra bid for Elsewedy receives the regulatory greenlight
Electra will pay around USD 560 mn for the stake
THIS EVENING: FRA signs off on Electra’s bid for Elsewedy
Good afternoon ladies and gentlemen, and happy THURSDAY. With the weekend finally here, we’re more than ready to put our…
UAE’s Electra eyes up to 24.5% of Elsewedy Electric
Elsewedy Electric shares jumped 20.0% at the end of trading yesterday following the news
THIS EVENING: UAE-based Electra Investment Holding bids for a 24.5% stake in Elsewedy Electric
Good afternoon, folks. We are kicking off this week by sending plenty of gratitude to WillisCarrier and his invention that…
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