Elsewedy Electric to obtain EGP 2bn in syndicated loan from 7 banks
The seven banks’ contributions in the loan came as follows: EGP 100m…
Elsewedy Electric secures EGP 2bn in Islamic financing
ADI Capital acts as financial advisor, marketer of financing
Elsewedy Electric launches its transformers factory in Tanzania
Factory’s investment will exceed $50m
Elsewedy Electric signs 3 contracts to establish EGP 2.2bn worth transformer stations in South Valley project
The company stated that the contracts shall be implemented within six months…
Elsewedy Electric earns EGP 2bn in 1H 2022
The company has been focusing on developing digital capabilities to enhance its…
Afreximbank supports Elsewedy Electric to establish industrial zone in Tanzania
The industrial zone, established by ElSewedy Industrial Development Company, a subsidiary of…
Elsewedy Electric launches first busway dielectric epoxy insulation system facility in Africa
The busway system is a prefabricated electrical distribution system consisting of bus…
Elsewedy Electric signs business contract worth EGP 440m in Kuwait
The contract involves the supply, extension, and maintenance of ground cables (132…
Egypt’s Elsewedy Electric acquires International Cables for EGP 410m
Egypt’s Elsewedy Electric has announced that it has signed a share purchase…
Elsewedy Electric enters Asian market through $60m acquisition of 2 companies
In a statement to the Egyptian Exchange (EGX), the company said that…