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…
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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…