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INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%

Elsewedy Electric targets EGP 5 billion investment in 2024 · Endata

◂ Announcements

May 8, 2024INVESTMENTEgypt

Elsewedy Electric targets EGP 5 billion investment in 2024

Elsewedy Electric plans to invest approximately EGP 5 billion in capital expenditures during 2024, allocated to new projects and completing existing investments. The company aims to develop new products and increase production capacities, with a focus on Saudi Arabia where it will start operations in Q3 2024.

Value

$104.0M (5.00B EGP)

Status

Announced

Productscables

CompaniesElsewedy Electric

Sectors#Electrical Equipment

“الشركة تستهدف استثمار نحو 5 مليارات جنيه كنفقات رأسمالية فى الموازنة الاستثمارية خلال العام الجارى”alborsaanews.com

1 source
alborsaanews.com"السويدى إلكتريك" تستهدف استثمار 5 مليارات جنيه خلال 2024 - جريدة البورصةفاطمة صلاحMay 8, 2024

Summarized from public sources; check the original articles before acting on it.

More from Elsewedy Electric

Nov 5, 2026CONTRACTWestern Province, Saudi Arabia, Saudi Arabia$2.20B
Elsewedy Electric JV wins $2.2B EPC contract for Rabigh 2 power plant expansion
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Jan 13, 2025NEW FACILITYIndustria Sadat, Sadat City, Monufia Governorate, Egypt$60.0M500 jobsops 2026
Kingdom Holdings to build $60M flax plant in Sadat City, Egypt
Kingdom Holding Company Elsewedy Electric investor alborsaanews.com
Nov 28, 2024CONTRACTCairo, Egypt
Elsewedy Electric wins contract to supply dry-type transformers for Cairo Metro Line 4
Elsewedy Electric for Electrical Products Orascom Construction customer almalnews.com
Sep 24, 2024NEW FACILITYRabigh, Saudi Arabia, Saudi Arabia$800.0Mops 2026
Elsewedy Electric and Siemens to build $800M power plant in Rabigh, Saudi Arabia
Elsewedy Electric Siemens partner zawya.com enterpriseam.com
Apr 12, 2023CONTRACTZliten, Libya$880.0M
Elsewedy Electric awarded €800M power plant contract in Libya
Elsewedy Electric Siemens supplier english.ahram.org.eg invest-gate.me
Apr 1, 2023CONTRACTUAE, United Arab Emirates
Elsewedy Electric secures first export order of power transformers for UAE substation
Elsewedy Electric enggpost.com

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