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09-Dec-2018

Elsewedy Electric, Arab Contractors expected to ink USD3bn contract this week

Elsewedy Electric and Arab Contractors consortium is expected to ink the USD3bn final contract of a 2.1GW hydroelectric dam in Tanzania this week.  
 
Elsewedy Electric: EGP14.07 as of 6 Dec. 2018, Rating: Buy, TP: EGP23.00/share, MCap: USD1,711mn, SWDY EY/SWDY.CA
 
 

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