Managing Director: Ahmed El-Sewedy
Market value: $878 million
The Elsewedy family started Elsewedy Electric as an electrical components manufacturer and trader 80 years ago. It has since grown to become a global integrated energy, digital, and infrastructure solutions provider. The company has a presence in Egypt, Africa, the GCC, Europe, Asia, the U.S., Australia, and New Zealand. The company has been listed on the Cairo stock exchange since 2006. Subsidiaries include EgyTech Cables, SEDCO for petroleum Services, and Rowad Modern Engineering. In 2021, Elsewedy Electric acquired PT CG Power Systems Indonesia and Validus Engineering Pakistan. It also began developing the Egyptian Industrial Park in Tanzania.