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Sewedy Cables bullish on Europe, eyes BrazilEgyptian group El Sewedy Cables said it is increasing output this year and the next on the back of growing demand for its products in Europe, the Middle Eastern and Africa. The Arab world's biggest maker by market value More… |
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Sewedy plans power investment in PakistanEgypt's El Sewedy Cables said on Tuesday it was negotiating for a 50-megwatt power generation project in Pakistan, in a bid to open a new market in Asia. The firm, the largest Arab cable maker by market value, did not provide further d More… |
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El Sewedy Cables sees 25pc profitEgypt's El Sewedy Cables, the largest Arab cable maker by market value, said it expected net profits to rise 20-25 per cent in 2010, up from an expected 10 per cent rise in 2009. The firm said in April it expected its 2009 net profit to ri More… |
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El Sewedy plans cable plant in YemenEgypt's El Sewedy Cables said on Tuesday it would establish a $42 million low-voltage cable plant in a joint-venture in Yemen, making it the first cable producer in the country. The plant would produce a maximum of 12,000 tonnes of copper More… |
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El Sewedy signals go ahead for copper smelterEl Sewedy Cables has chosen HSBC to study financing for the $850 million copper smelter it is planning in Egypt. The move signals that the project is likely to go ahead, a company executive said. The company signed an agr More… |
