The $50-million loan from EBRD will further enhance Elsewedy Electric’s ability to meet the growing demand for cables and electrical equipment in …
Ahmed El-Sewedy
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- North Africa
Egypt’s billionaire El-Sewedy family suffers $50 million loss from El Sewedy Electric stake
The El-Sewedy family, represented by Sadek, Ahmed, and Mohammed Elsewedy, owns 68 percent of Elsewedy Electric.
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Under El-Sewedy’s leadership, the group’s ed-tech firm aims to establish universities that adopt innovative educational approaches.
- Hot News
Egyptian businessman Ahmed El-Sewedy set to pocket $18.9 million dividend from electric company
El-Sewedy and his siblings own 68 percent of El Sewedy Electric.
- Hot News
Egyptian businessman Ahmed El-Sewedy’s firm plans to introduce innovations in Uzbekistan’s energy sector
Elsewedy Electric is a multinational cable and electrical equipment manufacturer.
- North Africa
Ahmed El-Sewedy’s electric company to aid Saudi Arabia in achieving net-zero emissions by 2050
El Sewedy Electric is a leading multinational cable and electrical equipment manufacturer.
- Hot News
Egyptian billionaire Yasseen Mansour, Ahmed El-Sewedy donate $5.9 million to build Cairo monorail
Egypt’s first monorail, worth $4.5 billion, will be finished by 2023.
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