Egyptian billionaire Ahmed El-Sewedy meets prime minister to map out billions in new factories and car production

Billionaires Africa | 26.05.2026 23:10
Ahmed El Sewedy, president and CEO of Elsewedy Electric, sat down with Egyptian Prime Minister Mostafa Madbouly on Sunday May 24 to lay out the company's expansion plans across several sectors, with automotive manufacturing emerging as the most significant new announcement from the meeting.