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Arab Finance – Al -Suwaidi Electric is aimed at entering new markets in India and Brazil


Target Swedish Electric (SWDY)Listed on the Egyptian Stock Exchange, the entry of Brazil and India markets as part of its expansion plan, according to Ahmed Al -Suwaidi, CEO of the company, to Al -Arabiya.

The company seeks to establish specialized factories for wires, cables, electrical products and smart infrastructure in both countries this year.

The company was established in 1938 and operates in five major business sectors: wires, cables, accessories, electrical products, engineering and construction, digital solutions, and infrastructure investments. It has a strong presence in 19 countries around the world, and 31 production facilities spread in African and Asian countries, including Egypt, Algeria, Saudi Arabia, Qatar, Indonesia, Pakistan and Tanzania.

A wide range of high -quality products is exported to more than 110 countries around the world. Al -Swedish Electric follows a distinct approach in providing integrated services in the field of engineering, purchases and construction (EPC), which enables it to deliver all projects of an integrated nature ready for actual operation on time and with the highest efficiency.

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