{"id":600271,"date":"2019-01-23T04:02:08","date_gmt":"2019-01-23T04:02:08","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/23\/elsewedy-electric-could-invest-up-to-egp-2-bn-in-new-capital-projects\/"},"modified":"2019-01-23T04:02:08","modified_gmt":"2019-01-23T04:02:08","slug":"elsewedy-electric-could-invest-up-to-egp-2-bn-in-new-capital-projects","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/23\/elsewedy-electric-could-invest-up-to-egp-2-bn-in-new-capital-projects\/","title":{"rendered":"Elsewedy Electric could invest up to EGP 2 bn in new capital projects"},"content":{"rendered":"

Elsewedy Electric is mulling investing up to EGP 2 bn in new infrastructure and power generation projects in the new administrative capital as part of plans to contribute to strategic national projects, it said in a statement (pdf)<\/a>. The company had signed last year an EGP 1.23 bn contract<\/a> to construct a 500 KV substation in the new capital on a turnkey basis.<\/p>\n","protected":false},"excerpt":{"rendered":"

Elsewedy Electric is mulling investing up to EGP 2 bn in new infrastructure and power generation projects in the new administrative capital as part of plans to contribute to strategic national projects, it said in a statement (pdf). The company had signed last year an EGP 1.23 bn contract to construct a 500 KV substation […]<\/p>\n","protected":false},"author":1,"featured_media":0,"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":[7278],"tags":[152,72,7111],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-600271","post","type-post","status-publish","format-standard","hentry","category-infrastructure","tag-elsewedy-electric","tag-enterpriseam","tag-infrastructure","wpautop","entry"],"acf":{"mongo_id":"54c6138a-e545-4319-bfd5-ed7f8375265c","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[600241],"teaser":"","voice_url":""},"yoast_head":"\nElsewedy Electric could invest up to EGP 2 bn in new capital projects - 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\/2019\/01\/23\/elsewedy-electric-could-invest-up-to-egp-2-bn-in-new-capital-projects\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Elsewedy Electric could invest up to EGP 2 bn in new capital projects\" \/>\n<meta property=\"og:description\" content=\"Elsewedy Electric is mulling investing up to EGP 2 bn in new infrastructure and power generation projects in the new administrative capital as part of plans to contribute to strategic national projects, it said in a statement (pdf). The company had signed last year an EGP 1.23 bn contract to construct a 500 KV substation […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/23\/elsewedy-electric-could-invest-up-to-egp-2-bn-in-new-capital-projects\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-01-23T04:02:08+00:00\" \/>\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<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/23\/elsewedy-electric-could-invest-up-to-egp-2-bn-in-new-capital-projects\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/23\/elsewedy-electric-could-invest-up-to-egp-2-bn-in-new-capital-projects\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Elsewedy Electric could invest up to EGP 2 bn in new capital projects\",\"datePublished\":\"2019-01-23T04:02:08+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/23\/elsewedy-electric-could-invest-up-to-egp-2-bn-in-new-capital-projects\/\"},\"wordCount\":72,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Elsewedy Electric\",\"EnterpriseAM\",\"infrastructure\"],\"articleSection\":[\"Infrastructure\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/23\/elsewedy-electric-could-invest-up-to-egp-2-bn-in-new-capital-projects\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/23\/elsewedy-electric-could-invest-up-to-egp-2-bn-in-new-capital-projects\/\",\"name\":\"Elsewedy Electric could invest up to EGP 2 bn in new capital projects - 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Elsewedy will own a 49% stake\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":557159,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/08\/elsewedy-snags-eetc-egp-1-15-bn-contract-to-build-3-electricity-substations\/","url_meta":{"origin":600271,"position":1},"title":"Elsewedy snags EETC EGP 1.15 bn contract to build 3 electricity substations","author":"enterpriseam admin","date":"8 September 2021","format":false,"excerpt":"Elsewedy Electric has signed two turnkey contracts worth a combined EGP 1.15 bn with the state-owned Egyptian Electricity Transmission Company (EETC) to establish three electricity substations in Central and North Sinai, according to a boursedisclosure (pdf) yesterday. The first contract, worth EGP 970 mn, will see the company set up\u2026","rel":"","context":"In "Infrastructure"","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":582156,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/02\/elsewedy-electric-earnings-revenues-rise-more-than-50-in-2022\/","url_meta":{"origin":600271,"position":2},"title":"Elsewedy Electric earnings, revenues rise more than 50% in 2022","author":"enterpriseam admin","date":"2 March 2023","format":false,"excerpt":"Elsewedy Electric booked EGP 5.4 bn in net income after minority interest in 2022, up 51% y-o-y, according to its earnings release (pdf). Revenues, meanwhile, climbed 52% to EGP 92.2 bn.On a quarterly basis: Net income surged 79% to EGP 2.3 bn in 4Q 2022, while revenues rose 51% to\u2026","rel":"","context":"In "EARNINGS WATCH"","block_context":{"text":"EARNINGS WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/earnings-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/3\/elsewedy-electric-1600px.jpeg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":592655,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/03\/egypt-greenlights-establishment-of-sczone-utilities\/","url_meta":{"origin":600271,"position":3},"title":"Egypt greenlights establishment of SCZone Utilities","author":"enterpriseam admin","date":"3 November 2019","format":false,"excerpt":"Prime Minister Moustafa Madbouly authorized the Suez Canal Economic Zone (SCZone) to participate in establishing a joint stock company named Economic Zone Utilities Company to manage the construction, operation and maintenance of various utilities projects for developers and investors at the SCZone, according to Egypt Today. Elsewedy Electric signed a\u2026","rel":"","context":"In "Infrastructure"","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":576575,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/30\/elsewedy-electric-np-fall-1-4-in-3q2020\/","url_meta":{"origin":600271,"position":4},"title":"Elsewedy Electric NP fall 1.4% in 3Q2020","author":"enterpriseam admin","date":"30 November 2020","format":false,"excerpt":"Elsewedy Electric reported a 1.4% y-o-y dip in 3Q2020 NP to EGP 817 mn from EGP 829 mn the year before, according to a company earnings release (pdf). Revenues during the three-month period fell 12.6% to EGP 11.3 bn from EGP 12.9 bn last year. 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The phase is expected\u2026","rel":"","context":"In "Banking + Finance"","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"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\/600271","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=600271"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/600271\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/600241"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=600271"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=600271"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=600271"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=600271"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=600271"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}