Elsewedy Electric (SWDY) has submitted documents to the Egyptian Exchange (EGX) to list its EGP 1.42 million issued and paid-in capital cut.

Seven Egyptian investors have signed memoranda of understanding (MoUs) to allocate industrial land for building factories producing strategic products at Elsewedy Industrial City in Tanzania.

Elsewedy Electric confirmed that it still studying plans to establish a factory for producing electrical wiring harnesses

Egypt's Cabinet approved proceeding with contracting procedures with Elsewedy Electric to establish a manufacturing project for all types of electrical wiring harnesses and their components on a 22.6-feddan plot in the Manshaat Kamal area of Fayoum Governorate.

Karim Badawi, Minister of Petroleum and Mineral Resources, met with Ahmed El Sewedy, CEO and Managing Director of Elsewedy Electric Group, to review the final implementation plans for the phosphate industries complex in Ain Sokhna, describing the project as a key step toward expanding value-added mining industries in Egypt.

Elsewedy Electric has expanded its power generation portfolio with the launch of a new range of generators in the Egyptian market, targeting the needs of industrial, commercial, and infrastructure projects across the country.

Elsewedy Electric has launched three strategic industrial projects in Egypt, with an expected total investment exceeding $200 million.

Rowad Modern Engineering, a subsidiary of Elsewedy Electric’s (SWDY), has signed, as part of an Alstom-led consortium, an agreement with the Egyptian National Railways to execute a series of railway and logistics infrastructure projects across Egypt.

Elsewedy Electric’s (SWDY) extraordinary general meeting (EGM) has agreed to cut the company’s issued shares by writing off the employee stock ownership plan (ESOP).

Elsewedy Electric (SWDY) announced a cash dividend distribution of EGP 1.850 per share for 2025.

Elsewedy Electric (SWDY) reported a 16.86% year-on-year (YoY) increase in consolidated net profit attributable to the parent company for the first quarter (Q1) of 2026.

Minister of Electricity and Renewable Energy Mahmoud Esmat met with Elsewedy Electric (SWDY) Chairman Ahmed Elsewedy and company representatives to review the progress of electricity generation and transmission projects, while exploring expanded cooperation in distribution, energy efficiency, and loss reduction.

Elsewedy Electric (SWDY) reported a 0.75% year-on-year (YoY) decrease in consolidated net profits attributable to the parent company in 2025 to EGP 17.330 billion, compared to EGP 17.464 billion.

Elsewedy Electric Power Systems Projects (Elsewedy Electric PSP) has a financing and partnership agreement with the Commercial International Bank Egypt (CIB) to obtain a €58 million ($62.9 million) credit facility to support its 500-650 megawatt (MW) combined-cycle power plant in Hungary.

Madinet Masr For Housing and Development (MASR) has signed a memorandum of understanding (MoU) with Elswedy Electric (SWDY) and its subsidiary Elswedy Electric Infrastructure to carry out advanced infrastructure works at the Elan project within the Sarai development in East Cairo.

Egypt Cables Company, a subsidiary of Elsewedy Electric, has signed a KWD 18.7 million contract valued with Kuwait’s Public Authority for Housing Welfare.

Elsewedy Electric, a Cairo-based integrated energy and infrastructure solutions provider, announced that it has been awarded a $51 million contract in Angola.

Elsewedy Electric intends to establish new factories in Saudi Arabia across the energy and infrastructure sectors, with investments exceeding SAR 1.5 billion.

The National Authority for Tunnels (NAT) has signed an operations and maintenance contract with a joint venture between Deutsche Bahn International Operations and Elsewedy Electric for Egypt’s high-speed rail network, as per a disclosure.

Elsewedy Electric announced that it has entered into a partnership agreement with E-Point Zero to develop a solar energy project in Zambia with a capacity of up to 300 megawatts.