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

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

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 Elsewedy Electric Achieves $261 Million Profit in 9 months

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