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Egyptian businessman Ahmed El-Sewedy gains $36 million from company shares

Summary by Billionaires.Africa
Key PointsAhmed El-Sewedy’s stake in Elsewedy Electric has surged to $866.5 million as shares rose 3.55% over the past 48 days.Elsewedy Electric's stock is up 4.12% in 2025, outperforming peers and boosting investor confidence amid Egypt’s economic recovery. The company’s focus on energy infrastructure and green projects positions it as a top industrial performer on the Egyptian Exchange.Egyptian businessman Ahmed El-Sewedy, CEO of Elsewedy Elec…
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Billionaires.Africa broke the news in on Tuesday, May 27, 2025.
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