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Egypt’s Elsewedy Electric Lands $274.7 Million Deal in Qatar
Business & Opportunities

Egypt’s Elsewedy Electric Lands $274.7 Million Deal in Qatar

July 16, 2024

Elsewedy Electric, owned by Egyptian billionaire Ahmed El-Sewedy, has signed a contract worth QAR1 billion ($274.7 million) with […]

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 Elsewedy Electric Achieves $261 Million Profit in 9 months
Business & Opportunities

Egypt’s Elsewedy Electric Achieves $261 Million Profit in 9 months

November 15, 2023

Elsewedy Electric, an international cable and electrical equipment maker owned by Egyptian billionaire Ahmed El-Sewedy, has declared a […]

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