Egyptian cable giant Elsewedy's investment arm exits university venture

Billionaires Africa | 08.10.2026 03:44
El Sewedy Capital Holding, the investment arm of Egypt's Elsewedy Electric group, is selling its 40% stake in a planned private university in New Damietta to Al Ahly Capital, the investment arm of state-owned National Bank of Egypt, EnterpriseAM reported, citing Al Borsa.