El Sewedy Says Syria Plants Working With Low Production Capacities

El Sewedy Electric (SWDY.CA), the leading Wire & Cable and Integrated Energy Solution Provider in the Middle East and Africa, announced that the company’s factories in Syria are working with low production capacities driven by the current situation in Syria.

The company added in a release to the Egyptian Exchange on Wednesday that it is studying all the available solutions and options to handle the situation. Accordingly the EGX management has resumed trading on El Sewedy’s shares.