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Egypt’s Electric Firm Lands $1 Billion Deal With Saudi Electric
Business & Opportunities / Featured Posts

Egypt’s Electric Firm Lands $1 Billion Deal With Saudi Electric

September 27, 2024

Elsewedy Electric, an international cable and electrical equipment maker founded by Egypt’s El-Sewedy family, has signed a $1 […]

Egypt’s El-Sewedy Family Nets $88.91Million in Q1 2024 Profit
Business & Opportunities

Egypt’s El-Sewedy Family Nets $88.91Million in Q1 2024 Profit

June 11, 2024

El-Sewedy Electric, an Egypt-based multinational electrical company led by the Egyptian billionaire El-Sewedy family, reported a 33.33 percent […]

UAE Group Bids $558M for Stake in Egyptian Billionaire Family’s Electric Company
Business & Opportunities / Editor's Pick

UAE Group Bids $558M for Stake in Egyptian Billionaire Family’s Electric Company

May 21, 2024

Electra Investment Holding, based in the United Arab Emirates, has made a bid to acquire a 24.5% share […]

Egyptian Billionaire El-Sewedy Family’s Wealth Surges by Nearly $120M in Just 10 Days
Business & Opportunities

Egyptian Billionaire El-Sewedy Family’s Wealth Surges by Nearly $120M in Just 10 Days

May 12, 2024

Egypt’s affluent El-Sewedy family’s investment portfolio has partially recovered, with their share in Elsewedy Electric increasing by approximately […]

Egypt’s Billionaire El-Sewedy Family Sees $677 Million Loss Amid Egyptian Pound’s Decline
Business & Opportunities / Richest

Egypt’s Billionaire El-Sewedy Family Sees $677 Million Loss Amid Egyptian Pound’s Decline

March 18, 2024

Egypt’s El-Sewedy family, known for their prominent role among the country’s billionaire elite, has seen the value of […]

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