Egypt’s El Sewedy Electric unit inks $484.5mn Angola power stations deal
A subsidiary of El Sewedy Electric has sealed a $484.5 million contract to build three power stations in Angola but…
Browsing Tag
El Sewedy Electric
Egyptian cable maker El-Sewedy announces dividend for first nine months of 2015
Egyptian cable maker El Sewedy Electric’s shareholders agreed to issue one Egyptian pound ($0.1277) in dividends…
Egypt to sign €238mn Siemens power transformer deal today
Egyptian Ministry of Electricity is to sign Tuesday a €238 million (US$260.7 million) contract with German…
Ten Egyptian banks sign $1.2bn loan deal for Siemens power plants
A group of 10 major banks has signed one of the biggest financing deals in Egypt’s energy sector, amounting to 10…
10 banks to sign multi-billion Egyptian pounds loan for power projects today
A consortium of Egyptian and Arab banks will sign Sunday a 10 billion Egyptian pounds (US$1.27 billion) finance…
Siemens signs financial closure agreement for Egyptian power projects
Egyptian government has signed Sunday a financial closure agreement with German industrial giant Siemens, Orascom…
Three German banks to sign €4.1bn contracts for Siemens’ Egypt power projects
Egypt is to sign Sunday landmark contracts with a consortium of German banks for electricity production…
El Sewedy Electric records Q2 net profit of $68.63mn
Egyptian cable maker El Sewedy Electric lifted second-quarter net profit to 537.38 million Egyptian pounds…
Siemens, ElSewedy build Suez’s 650-MW Power Plant in Record Time
German industrial group Siemens and its local partner El-Sewedy Electric announced Thursday that they had built a…
El Sewedy Electric develop to 50MW solar PV Power Plant in Upper Egypt
Egyptian cable maker El Sewedy Electric announced today that it had signed an agreement to develop a 50 megawatt…
El Sewedy Electric wins €785 mln Portion of Siemens Power Plant Deal
Egyptian cable company El Sewedy Electric said on Thursday it had won a 785 million euro portion of a 2 billion…
Egyptian-Chinese Business Council Formed Today
Egyptian Minister of Industry and Trade Mounir Fakhry Abdel Nour issued a decree Monday stipulating the formation…
El Sewedy to Complete Gebel El-Zeit Wind Energy Project within 3 Years
Egypt’s El Sewedy Electric plans to finalise Gebel El Zeit project to build a network of 600-megawatt wind farms…
El Sewedy Electic wins bid for 6 Land Plots for Wind Farms
Egypt's El Sewedy Electric (SWDY.CA), the Arab world's biggest listed cable maker, announced that the New &…
Beltone: El Sewedy 4Q-13 Profit below Expectations
Beltone Financial said on Wednesday El Sewedy Electric’s 4Q2013 financial results are below expectations, in…
HC Raises El Sewedy Electric TP To LE 33.7/Share
HC Securities raised, in a recent study, El Sewedy Electric (SWDY) TP c24% to LE 33.7/share on a lower risk?free…
El-Sewedy Electric Gains EGP225.67 mln in 9 Months
El-Sewedy Electric (SWDY.CA), the leading Wire & Cable and Integrated Energy Solution Provider in the Middle…
Elsewedy Electric H1 Profits Rise to EGP166 Mln
El Sewedy Electric (SWDY.CA), the leading Wire & Cable and Integrated Energy Solution Provider in the…
Egypt Finalizes Periodic Review of Indices, OCI Removed From Benchmark
The Egyptian Exchange (EGX)’s management has ratified the amendments that were endorsed by the Indices Committee…
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…
El Sewedy Says Business Goes Normally Unaffected By Workers’ Sit-in Outside High Court
El Sewedy Electric (SWDY.CA), the leading Wire & Cable and Integrated Energy Solution Provider in the Middle…
ELSEWEDY Says Work Resumed In Siag Plant, Talks Ongoing With Workers
El Sewedy Electric (SWDY.CA), the leading Wire & Cable and Integrated Energy Solution Provider in the Middle…
El Sewedy Says Work Resumed In Siag Plant, Talks Ongoing With Workers
El Sewedy Electric (SWDY.CA), the leading Wire & Cable and Integrated Energy Solution Provider in the Middle…
El Sewedy Electric Says SIAG Towers Shuts Plant For 4 Days
El Sewedy Electric (SWDY.CA), the leading Wire & Cable and Integrated Energy Solution Provider in the Middle…
EGX Benchmark Jumps 5.4% In Week Ahead Of 2nd Round Referendum
During the week which witnessed referendum on Egypt's new constitution, the Egyptian Exchange has managed to gain…
El Sewedy, Arab Contractors JV To Build $169 Mln Iraqi Power Plant
El Sewedy Electric (SWDY.CA), the leading Wire & Cable and Integrated Energy Solution Provider in the Middle…
El Sewedy Electric’s 9-Month Net Profit Falls 68%
El Sewedy Electric (SWDY.CA), the Arab world's biggest listed cable maker, reported a decline of 68.7% in its…
El Sewedy Electric Denies Exit From Syrian Market
El Sewedy Electric (SWDY.CA), the Arab world's biggest listed cable maker, has negated on Sunday that it…
Islamist Businessmen Challenge Egypt’s Old Money
A business association founded by a financier for Egypt's new Islamist rulers says it can democratize an economy…
NBK Capital Sets El Sewedy’s Fair Price At EGP 23, Recommends ‘Hold’
NBK Capital issued a report on El Sewedy Electric, fixing the stock's 12-month fair value at EGP 23.0 with 'Hold'…
EGX 30 Ends At 5510 Pts; Wednesday
During Wednesday closing session, the Egyptian Exchange (EGX) has trimmed its early losses to eventually reach EGP…
El Sewedy Electric Signs $56 Mln Deal With Iraqi Electricity Ministry
Egypt's El Sewedy Electric (SWDY.CA) , the Arab world's biggest listed cable maker, has announced that it signed a…
EGX 30 Ends Above 5459 Pts Ahead of PM Kandil’s Visit
During Monday closing session, the Egyptian Exchange (EGX) has tripled its early gains to eventually reach EGP 3…
Egypt’s Sewedy Q2 Profit Slides 82 Pct
Egypt's El Sewedy Electric (SWDY.CA) , the Arab world's biggest listed cable maker, reported an 82-percent drop in…
El Sewedy Electric Says H1 Net Profit 62.2% Down
El Sewedy Electric (SWDY.CA) , the Arab world's biggest listed cable maker, reported Monday a consolidated net…
EGX 30 Soars 5.11% This Week As New President Takes Office
Egyptian Exchange benchmark EGX30 index jumped 5.11 % this week, representing an increase of 240.98 points, ending…
EGX30 Falls 1.57% In Week Amid Political Instability, Big Events
Egyptian Exchange (EGX) benchmark EGX30 index dipped by 1.57 % this week, representing a retreat of 70.51 points,…
‘People Of Egypt Forum’ Seeks Egyptian Economy Upgrade
On Saturday, ‘People of Egypt Forum’ has been launched by a group of businessmen, economists, and media figures…
EGX30 Falls 5.7% In week Amid Controversial Election Results
Egyptian Exchange benchmark EGX 30 index dipped by 5.73 % this week, representing a retreat of 285.3 points, ending…
El Sewedy Electric Q1 Net Profit Falls 43.8%
Egypt's El Sewedy Electric (SWDY.CA) , the Arab world's biggest listed cable maker, on Wednesday reported a…