Interview with Ahmed A. El Sewedy, President and Chief Executive Officer of El Sewedy Electric

Biography

Subsequent to attaining his B.sc degree in Electrical Engineering from Cairo University in 1986, Ahmed joined his family’s business of manufacturing cables. Being an apprentice to the industry, he was assigned and assumed a diversity of roles, proceeding from one to another, in preparation for the business’s new leader. In 1997, he was appointed as the CEO of the company and initiated corporate strategies that shifted El Sewedy to a new horizon.

Starting with ONE cables factory, Ahmed master minded the current massive expansions of El Sewedy Cables and drove a 30% per annum growth of capacity, revenues and manufacturing plants to reach 30 factories by 2010. In May 2006, he led El Sewedy Cables IPO, and the private placement of shares on the Cairo and Alexandria stock exchange amounted to 1.29 billion Egyptian pounds representing 25% of the share capital of El Sewedy Cables. In November 2010, Ahmed changed Elsewedy Cables name to Elsewedy Electric in order to reflect current business expansions and diversification as an integrated energy solutions provider serving and reaching customers in five main markets – energy, infrastructure, industrial, building and residential – by operating in eight diversified sectors: cables and accessories, electrical products, energy measurement and management, transformers, communication, wind energy generation, solar energy, and EPC operations.

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El Sewedy Cables launch new state-of-the-art IBS website

El Sewedy Cables, the largest Middle East cable manufacturer by market value, has launched its new state-of-the-art Internet Business Solution (IBS) website (www.elsewedycables.com). The IBS is a product oriented website, built to enhance and provide a 24/7 online communication channel between El Sewedy Cables companies and their customers covering all sectors.
Continue reading El Sewedy Cables launch new state-of-the-art IBS website

El Sewedy eyes local controlling stakes, gets US$70 million loans

Monday, Oct 05, 2009
EL SEWEDY CABLES (SWDY), the largest Arab cable maker by market value, has injected L.E 750 m new investments in wind energy generation to get the lions’ share in such field due to governmental plans to produce 5000 MW by 2020.
Company CEO, Ahmed El Sewedy revealed that his company recently acquired 30% stake of Spanish company “M.Torres” (one of pioneering companies in Turbines field) at investments of $ 300 million.
Continue reading El Sewedy eyes local controlling stakes, gets US$70 million loans

Ahmed El Sewedy to be a key speaker at CRU’s 2nd World Wire and Cable Conference

The Chief Executive Officer of El Sewedy Cables, Mr Ahmed El Sewedy, will be a key speaker at the CRU’s 2nd World Wire and Cable Conference, in Barcelona from the 1-3 June 2008.

El Sewedy is a Co-host of the event and Ahmed El Sewedy’s presentation will be on the Structure of the Cable Market and Cable Distribution in North Africa.
Continue reading Ahmed El Sewedy to be a key speaker at CRU’s 2nd World Wire and Cable Conference