Egyptian tycoon Sadek El-Sewedy sees $55 million gain from company shares

Key Points

• Sadek El-Sewedy’s stake in Elsewedy Electric surged $39.91 million in a month, driven by a 4.82% rally in the company’s share price. 
• Elsewedy Electric’s market cap now exceeds $3.4 billion, as the firm expands into renewable energy and smart infrastructure across Africa and the Middle East. 
• Year-to-date, Elsewedy Electric shares are up 5.40%, rewarding investors amid emerging market volatility and signaling sustained growth momentum.

Egyptian businessman Sadek El-Sewedy, non-executive chairman of Elsewedy Electric, has seen the value of his stake in the company rise by nearly $40 million over the past month, following a steady climb in the firm’s share price on the Egyptian Exchange (EGX).

El-Sewedy owns 546.5 million shares, representing a 25.53-percent stake in the Cairo-based energy and infrastructure firm. As of May 15, the market value of his holdings has increased from EGP41.7 billion ($827.49 million) to EGP43.71 billion ($867.40 million).

This latest gain adds to a $63.97 million increase earlier in the year, between Feb. 11 and Mar. 23, when El-Sewedy’s holdings rose from $833.37 million to $897.34 million. Together, the gains underscore another strong year so far for both the company and its shareholders.

Confidence builds as shares climb

Founded in 1938 by the El-Sewedy family, Elsewedy Electric started as a small electrical shop and has grown into a multinational manufacturer of cables, transformers, meters, and infrastructure solutions. Over the years, it has taken on a central role in power projects across Africa and the Middle East.

The company’s performance this year reflects not just favorable market conditions, but also strategic decisions taken under El-Sewedy’s leadership. He has supported the group’s push into renewables, industrial automation, and green infrastructure, areas that align with Egypt’s energy goals and broader climate commitments.

In the past 36 days alone, Elsewedy Electric’s stock has gained 4.82 percent, moving from EGP76.30 ($1.51) on April 9 to EGP79.98 ($1.58) on May 15. That rise has lifted the company’s market capitalization to over $3.4 billion, rewarding investors and reinforcing its status as one of the region’s major players in the electrical sector.

Focus on growth and shareholder value

Elsewedy Electric is stepping up its investments in solar, wind, and smart grid technologies, aiming to support long-term growth and deepen its presence across key markets in the MENA region. As demand for cleaner, more reliable energy continues to grow, expansion in these areas is helping Elsewedy Electric stay competitive while meeting the region’s power needs.

So far in 2025, the company’s shares have climbed 5.4 percent. A $100,000 investment in the company at the start of the year would now be worth around $105,400, a solid return over just four months, especially in a year marked by uncertainty across emerging markets.