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

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

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

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

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

Electra Investment Holding, based in the United Arab Emirates, has made a bid to acquire a…

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

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

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

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