{"id":326163,"date":"2022-09-11T13:28:19","date_gmt":"2022-09-11T13:28:19","guid":{"rendered":"https:\/\/egy-africa.com\/en\/?p=326163"},"modified":"2022-09-11T13:28:19","modified_gmt":"2022-09-11T13:28:19","slug":"elsewedy-electrics-subsidiary-signs-3-deals-worth-egp-2-2bn","status":"publish","type":"post","link":"https:\/\/egy-africa.com\/en\/2022\/09\/11\/elsewedy-electrics-subsidiary-signs-3-deals-worth-egp-2-2bn\/","title":{"rendered":"Elsewedy Electric\u2019s subsidiary signs 3 deals worth EGP 2.2bn"},"content":{"rendered":"<p>Elsewedy Electric Co announced that its 99.80%-owned subsidiary, El Sewedy Electric for Trading and Distribution, has signed three contracts to execute the South Valley development project in Toshka.<\/p>\n<p>&nbsp;<\/p>\n<p>Hence, the subsidiary will reclaim 375,000 feddans on sub 4 and dash 4 for loads in O2, O5, and O8, according to a stock exchange filing on Sunday.<\/p>\n<p>&nbsp;<\/p>\n<p>The projects are valued at EGP 2.20 billion and will be implemented during a period of six months starting from the site receiving date.<\/p>\n<p>&nbsp;<\/p>\n<p>In August 2022, El Sewedy Electric for Trading and Distribution signed two new contracts worth over EGP 1 billion with the Egyptian Electricity Transmission Company.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Elsewedy Electric Co announced that its 99.80%-owned subsidiary, El Sewedy Electric for Trading and Distribution, has signed three contracts to execute the South Valley development project in Toshka.<\/p>\n","protected":false},"author":2,"featured_media":321098,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[26,33],"tags":[],"class_list":["post-326163","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-invest","category-main"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.3 - 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