{"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":"

<\/a> Schneider Electric + real estate players to sign EGP 1 bn in <\/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 (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

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

ALSO- Turkish retailer Beko plans to break ground on its <\/strong>new Tenth of Ramadan factory<\/a><\/strong> on 7 December<\/strong>, 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":"

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 […]<\/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":"\nSchneider 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 […]\" \/>\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 "Speed Round"","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":595373,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/24\/schneider-egypt-inks-settlement-on-overdue-export-subsidies\/","url_meta":{"origin":577134,"position":1},"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. 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Sheta, who was formerly regional president of Egypt, North East Africa and the Levant, has been at the company for 26 years. 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