Tag: Elsewedy Electric
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Egyptian tycoon Ahmed El Sewedy’s electric company secures $150-million loan from IFC
Elsewedy Electric, an Egyptian international electrical corporation, was founded in 1938 by the El Sewedy family.
Egyptian tycoon Ahmed El Sewedy’s electric company records over $44 million in profit in Q1 2022
The El-Sewedy family owns 68 percent of the corporation, or 1,478,689,860 ordinary shares.
Egyptian tycoon Ahmed El Sewedy’s electric company launches Africa’s first busway dielectric system facility
The facility is one of the largest in the Middle East, offering sandwiched non-ventilated busway systems.
Egypt’s billionaire El-Sewedy family loses $109 million from stake in electric company
The El-Sewedy family owns 68 percent of the electric company, or 1,478,689,860 shares.
Egyptian tycoon Ahmed El Sewedy’s electric company posts $224.5 million in profit in 2021
El Sewedy said the group finished the year with strong performance across all of its operating segments.