{"id":577134,"date":"2022-11-10T04:00:51","date_gmt":"2022-11-10T04:00:51","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/10\/schneider-electric-to-supply-electric-power-equipment-for-real-estate-developers\/"},"modified":"2022-11-10T04:00:51","modified_gmt":"2022-11-10T04:00:51","slug":"schneider-electric-to-supply-electric-power-equipment-for-real-estate-developers","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/10\/schneider-electric-to-supply-electric-power-equipment-for-real-estate-developers\/","title":{"rendered":"Schneider Electric to supply electric power equipment for real estate developers"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-06\"><\/a> <strong>Schneider Electric + real estate players to sign EGP 1 bn in <\/strong><strong>contracts:<\/strong> France\u2019s Schneider Electric is expected to sign nine contracts worth more than EGP 1 bn with leading real estate developers to supply electric power equipment, Schneider MENA President Walid Sheta told Bloomberg Asharq in an interview (<a href=\"https:\/\/www.asharqbusiness.com\/article\/43883\">watch, runtime: 9:07<\/a>). Sheta told the broadcaster that the companies would put pens to paper yesterday but we hadn\u2019t heard anything by this morning.<\/p>\n<p><strong>Schneider is considering setting up a logistics center in the Suez Canal Economic Zone (SCZone)<\/strong> within the next two years \u201cto benefit from the zone\u2019s strategic location in supplying equipment from one place to another globally,\u201d Sheta said. The company\u2019s total investments in Egypt were estimated at more than EUR 300 mn as of last year, he said.<\/p>\n<p><strong>ALSO- Turkish retailer Beko plans to break ground on its <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/e37a9c1a-0a2a-4b03-8262-f38319d05977\">new Tenth of Ramadan factory<\/a><\/strong> <strong>on 7 December<\/strong>, <a href=\"https:\/\/bit.ly\/3EfKnyK\">cabinet said<\/a> yesterday. The company has invested USD 100 mn in the facility, which is expected to come online during 4Q 2023, the statement said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Schneider Electric + real estate players to sign EGP 1 bn in contracts: France\u2019s Schneider Electric is expected to sign nine contracts worth more than EGP 1 bn with leading real estate developers to supply electric power equipment, Schneider MENA President Walid Sheta told Bloomberg Asharq in an interview (watch, runtime: 9:07). Sheta told the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":577135,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7272],"tags":[2431,72,125,131,83,924,416],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-577134","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment-watch","tag-beko","tag-enterpriseam","tag-investment-watch","tag-manufacturing","tag-real-estate","tag-schneider-electric","tag-suez-canal-economic-zone","wpautop","entry"],"acf":{"mongo_id":"c8f8bfb1-8c61-45de-8182-dc5fe24aa786","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/11\/173.jpg","photo_position":"above","related_issue":[577118],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Schneider Electric to supply electric power equipment for real estate developers - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/11\/10\/schneider-electric-to-supply-electric-power-equipment-for-real-estate-developers\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Schneider Electric to supply electric power equipment for real estate developers\" \/>\n<meta property=\"og:description\" content=\"Schneider Electric + real estate players to sign EGP 1 bn in contracts: France\u2019s Schneider Electric is expected to sign nine contracts worth more than EGP 1 bn with leading real estate developers to supply electric power equipment, Schneider MENA President Walid Sheta told Bloomberg Asharq in an interview (watch, runtime: 9:07). Sheta told the [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/11\/10\/schneider-electric-to-supply-electric-power-equipment-for-real-estate-developers\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-11-10T04:00:51+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2022\/11\/173.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/11\/10\/schneider-electric-to-supply-electric-power-equipment-for-real-estate-developers\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/11\/10\/schneider-electric-to-supply-electric-power-equipment-for-real-estate-developers\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Schneider Electric to supply electric power equipment for real estate developers\",\"datePublished\":\"2022-11-10T04:00:51+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/11\/10\/schneider-electric-to-supply-electric-power-equipment-for-real-estate-developers\/\"},\"wordCount\":181,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/11\/10\/schneider-electric-to-supply-electric-power-equipment-for-real-estate-developers\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2022\/11\/173.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Beko\",\"EnterpriseAM\",\"investment watch\",\"Manufacturing\",\"real estate\",\"Schneider Electric\",\"Suez Canal Economic Zone\"],\"articleSection\":[\"Investment Watch\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/11\/10\/schneider-electric-to-supply-electric-power-equipment-for-real-estate-developers\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/11\/10\/schneider-electric-to-supply-electric-power-equipment-for-real-estate-developers\/\",\"name\":\"Schneider Electric to supply electric power equipment for real estate developers - 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The company is also not meeting any issues sourcing FX since the float to purchase equipment and\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":637953,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/29\/schneider-electric-to-invest-in-water-desalination-power-distribution-smart-city-construction\/","url_meta":{"origin":577134,"position":1},"title":"Schneider Electric to invest in water desalination, power distribution, smart city construction","author":"enterpriseam admin","date":"29 November 2017","format":false,"excerpt":"Housing Minister (and acting Prime Minister) Mostafa Madbouly met with executives from Schneider Electric in Cairo yesterday to discuss possible collaboration on a new water desalination and treatment project, Al Mal reports. The company is hoping to land new contracts in Egypt to supply components of desalination, smart city, and\u2026","rel":"","context":"In &quot;Infrastructure&quot;","block_context":{"text":"Infrastructure","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/infrastructure\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":651507,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/14\/schneider-electric-appoints-new-regional-director\/","url_meta":{"origin":577134,"position":2},"title":"Schneider Electric appoints new regional director","author":"enterpriseam admin","date":"14 February 2017","format":false,"excerpt":"MOVES- Schneider Electric appointed Walid Sheta as Regional Cluster Head of North East Africa and Levant, a regional grid including Egypt, Sudan, Libya, Lebanon, Syria, Jordan, and Iraq, according to an emailed statement. Sheta was the Regional President for English Speaking Companies in the West Africa region before assuming his\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":632425,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/11\/housing-ministry-schneider-electric-to-develop-water-and-sewage-stations\/","url_meta":{"origin":577134,"position":3},"title":"Housing Ministry, Schneider Electric to develop water and sewage stations","author":"enterpriseam admin","date":"11 February 2018","format":false,"excerpt":"Schneider is angling for government contracts to develop water and sewage treatment plants, Al Mal reports, noting a sit-down between Housing Minister Mostafa Madbouly and Schneider\u2019s Regional Head of North East Africa and Levant, Walid Sheta.","rel":"","context":"In &quot;Infrastructure&quot;","block_context":{"text":"Infrastructure","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/infrastructure\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":635371,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/03\/schneider-electric-completes-5-mw-solar-power-plant-in-south-sinai\/","url_meta":{"origin":577134,"position":4},"title":"Schneider Electric completes 5 MW solar power plant in South Sinai","author":"enterpriseam admin","date":"3 December 2017","format":false,"excerpt":"Schneider Electric has connected its 5 MW solar power plant in South Sinai to the national grid after completing construction in November, Schneider\u2019s Regional Cluster Head of North East Africa and Levant countries Walid Sheta said, Al Masry Al Youm reports.","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":595373,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/24\/schneider-egypt-inks-settlement-on-overdue-export-subsidies\/","url_meta":{"origin":577134,"position":5},"title":"Schneider Egypt inks settlement on overdue export subsidies","author":"enterpriseam admin","date":"24 September 2019","format":false,"excerpt":"Schneider inks settlement on overdue export subsidies: Schneider Electric has signed an agreement with the government that should see it receive overdue export subsidies by the end of the year, President for North East Africa and the Levant Walid Sheta said, according to Masrawy. The agreement is expected to contribute\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/577134","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=577134"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/577134\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/577118"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/577135"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=577134"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=577134"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=577134"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=577134"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=577134"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}