Tag: Elsewedy Electric

Elsewedy Electric, Arab Contractors secure $500m credit facility from Afreximbank

The African Export-Import Bank (Afreximbank) has provided a credit facility of $500m…

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Huawei, Elsewedy Electric sign MoU in solar energy, EV charging 

“Huawei strongly supports the Egyptian government's efforts to expand reliance on green…

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Elsewedy Electric to obtain EGP 2bn in syndicated loan from 7 banks

The seven banks’ contributions in the loan came as follows: EGP 100m…

Fatma Salah Fatma Salah

Elsewedy Electric secures EGP 2bn in Islamic financing

ADI Capital acts as financial advisor, marketer of financing

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Elsewedy Electric launches its transformers factory in Tanzania

Factory’s investment will exceed $50m

Fatma Salah Fatma Salah

Elsewedy Electric signs 3 contracts to establish EGP 2.2bn worth transformer stations in South Valley project

The company stated that the contracts shall be implemented within six months…

Fatma Salah Fatma Salah

Elsewedy Electric earns EGP 2bn in 1H 2022

The company has been focusing on developing digital capabilities to enhance its…

Fatma Salah Fatma Salah

Afreximbank supports Elsewedy Electric to establish industrial zone in Tanzania

The industrial zone, established by ElSewedy Industrial Development Company, a subsidiary of…

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Elsewedy Electric launches first busway dielectric epoxy insulation system facility in Africa

The busway system is a prefabricated electrical distribution system consisting of bus…

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Elsewedy Electric signs business contract worth EGP 440m in Kuwait

The contract involves the supply, extension, and maintenance of ground cables (132…

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