The project entails the establishment of electricity supply to NFS project facilities, involving the design, engineering, procurement, and installation of two 400kV …
Ahmed El-Sewedy
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Despite this financial setback of $677 million, the El-Sewedy family maintains their position as one of Egypt’s leading billionaire families.
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Spanning an expansive 2.6 million square meters, EIC represents East Africa’s first fully integrated industrial hub.
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According to Billionaires.Africa, the market value of the El-Sewedy family’s share in Elsewedy Electric has gained EGP4.02 billion ($129.96 million) in the …
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Ahmed El-Sewedy and his siblings, Sadek and Mohammed, hold a beneficial stake of 68.1 percent in the company, equivalent to a total …
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This upswing solidifies their position as one of Egypt’s wealthiest families and prominent investors on the Egyptian Exchange.
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Ahmed El-Sewedy and siblings Sadek and Mohammed hold a combined 68.1-percent majority stake in Elsewedy Electric, a staggering 1.48 billion ordinary shares.
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Ahmed El-Sewedy and his siblings, Sadek and Mohammed, hold a controlling and beneficial stake of 68.1 percent in Elsewedy Electric.
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Ahmed El-Sewedy and his siblings, Sadek and Mohammed, jointly own a majority stake of 68.1 percent in Elsewedy Electric.
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The $50-million loan from EBRD will further enhance Elsewedy Electric’s ability to meet the growing demand for cables and electrical equipment in …