Egyptian billionaire Sadek El-Sewedy’s Elsewedy Electric stake nears $1 billion
Billionaires Africa | 18.11.2025 16:34
Egyptian billionaire Sadek El-Sewedy, the non-executive chairman of Elsewedy Electric, is edging toward a major personal milestone as the value of his holdings in the Cairo-based group approaches the $1 billion mark. The rise follows a steady climb in the company’s share price on the Egyptian Exchange (EGX), extending a stretch of gains that began earlier in the year.
