Founders: Ismail Fahmy

The Middle East's 50 Most-Funded Startups
Rank: #49

Mawaad Environmental Services

Country: U.A.E.
Funding: $5 million
Investors: Ahmed Sadek El Sewedy, Emanat LTD
Founded In: 2018
Materials processing and resource recovery company
Mawaad Environmental Services is a materials processing and resource recovery company backed by Elsewedy Industries’ COO and board member of Elsewedy Electric, Ahmed Sadek El Sewedy. The company uses metal recovery technology to cut costs in heavy industries. It counts Emirates Steel and Ezz Steel as clients and operates across the GCC and Egypt.