The El-Sewedy family, represented by Sadek, Ahmed, and Mohammed Elsewedy, owns 68 percent of Elsewedy Electric.
El Sewedy Electric
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- North Africa
Egyptian tycoon Ahmed El-Sewedy’s fortune soars as stake in electric company approaches $1 billion
El-Sewedy, alongside his siblings Sadek and Mohammed, collectively owns 68 percent of the company.
- North Africa
Egyptian businessman Ahmed El-Sewedy’s electric company records $94 million in profit in Q1 2023
El Sewedy Electric achieved extraordinary financial success in the first quarter of 2023.
- 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 electric company records over $185 million in profit in 2022
El Sewedy Electric specializes in the production of electrical equipment and cables.
- 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.
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El Sewedy Electric is a multinational cable and electrical equipment manufacturer.
- Hot News
Egyptian tycoon Ahmed El Sewedy’s electric company denies arranging $254-million credit facility
El Sewedy Electric is one of the leading players in Egypt’s electrical equipment manufacturing industry.
- Hot News
Egyptian tycoon Ahmed El Sewedy-led El Sewedy Electric to secure $102.5-million credit facilities from seven banks
The announcement follows the receipt of a $150-million loan from the International Finance Corporation.
- Hot News
Egyptian tycoon Ahmed El Sewedy’s electric company signs $21.5-million contract with EIPICO
The contract for the construction of EIPICO Factory 3 was signed through Rowad Modern Engineering.