A subsidiary of El Sewedy Electric plans to set up a new industrial city in Tanzania with …
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El Sewedy Electric
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Egypt NewsFeatureIndustry & TradeNewsTech/AI
Egypt’s El Sewedy Electric profits double to EGP 2.9 bln in 3 months
by Nada Aliby Nada AliEl Sewedy Electric, an Egyptian electrical company, said on Thursday that its profit doubled by 149.5 percent …
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Egypt NewsMoneyNewsTech/AI
Egypt’s El Sewedy Electric earnings double by 283% to EGP 3bln in Q1 2023
by Nada Aliby Nada AliEgypt’s El Sewedy Electric announced on Tuesday that its profits doubled by more than 283 percent to …
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Egypt NewsFeatureIndustry & TradeMoneyNewsTech/AI
India’s ReNew Power signs framework agreement to build $8bn green hydrogen plant in Egypt
by Nada Aliby Nada AliIndia’s largest renewable energy firm ReNew Power has signed on Tuesday the framework agreement with the Egyptian …
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Egypt NewsFeatureFinancial InstitutionsMoneyNewsTech/AI
Egypt’s El Sewedy Electric nine-month profit records EGP3.2 bln
by Nada Aliby Nada AliEgypt’s El Sewedy Electric revealed on Tuesday its profits rose to 3.2 billion Egyptian pounds ($130,8 million) …
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Al Ahli Bank of Kuwait–Egypt joins consortium for El Sewedy Electric’s EGP 2 billion loan
Al Ahli Bank of Kuwait–Egypt (ABK-Egypt) announced on Tuesday it is joining a consortium of seven banks …
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Egypt NewsFeatureIndustry & TradeMoneyNewsTech/AI
Egypt’s El Sewedy signs two contracts to construct $57m transformer stations for EETC
by Nada Aliby Nada AliEl Sewedy Electric’s subsidiary El Sewedy Electric for Trade and Distribution has signed two contracts on Monday …
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Egypt’s El Sewedy Electric said on Tuesday its revenues climbed to 38 billion Egyptian pounds ($2 billion) …
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Egypt NewsFeatureMoneyNews
Egypt, Deutsche Bahn sign initial deal to operate electric train system
by Nada Aliby Nada AliEgyptian Ministry of Transportation has signed on Tuesday the main contract document for the management and operation …
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El Sewedy Electric secures Afreximbank $400 million financing for Egypt industrial city in Tanzania
by Nada Aliby Nada AliAfrican Export-Import Bank (Afreximbank) is supporting Egypt’s El Sewedy Electric to establish the Egyptian Industrial City (EIC) …
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