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El Sewedy Group
Elsewedy Electric Co S.A.E. is an Egyptian multinational electrical company. It was founded in 1938 by the Elsewedy family. The company manufactures and sells integrated energy products and services in seven energy segments: Electrical cables and accessories, electrical products, telecommunications, transformers, wind energy generation, energy measurement and management, engineering, procurement and contracting. History In 1938, Elsewedy family started their business as a trader in electrical equipment. From 1960–1995, the family changed the company from just trading in electrical equipment to being a distributor for the sole cable manufacturer in Egypt at that time (1960).During this period, it was focused on selling cables to the Egyptian market, until the Elsewedy family established the first private sector cable factory in Egypt (Arab Cables) in 1984. At that time, all other cable manufacturers in Egypt were solely owned by the Egyptian government. The company was locat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Egyptian Exchange
The Egyptian Exchange (EGX), Egypt's stock exchange, comprises two exchanges, Cairo and Alexandria, both governed by the same board of directors and sharing the same trading, clearing and settlement systems. Presently, the chairman of the Egyptian Exchange is Ahmed Abdelrahman. Transactions taking place in the stock exchange are not subject to capital gains tax. Dividends distributed by companies listed on the exchange to shareholders are also not subject to income tax. However, in 2013, a 0.001 percent tax on all stock market transactions was imposed. In 2013, the Ministry of Finance announced that the government intended to repeal a 10 percent capital gains tax imposed on mergers and acquisitions the year earlier, as well as a planned tax on cash dividends, and refund investors who paid it. The Egyptian Exchange is a member of the Federation of Euro-Asian Stock Exchanges. History The origins of Egypt's stock exchange can be traced back to 1883 with the establishment of the fi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vertical Integration
In microeconomics, management and international political economy, vertical integration, also referred to as vertical consolidation, is an arrangement in which the supply chain of a company is integrated and owned by that company. Usually each member of the supply chain produces a different Product (business), product or (market-specific) service, and the products combine to satisfy a common need. It contrasts with horizontal integration, wherein a company produces several items that are related to one another. Vertical integration has also described management styles that bring large portions of the supply chain not only under a common ownership but also into one corporation (as in the 1920s when the Ford River Rouge complex began making much of its own steel rather than buying it from suppliers). Vertical integration can be desirable because it secures supplies needed by the firm to produce its product and the market needed to sell the product, but it can become undesirable wh ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Electrical Energy Measurement
North American domestic analog ( Ferraris disk) electricity meter. Electricity meter with transparent plastic case (Israel) Electricity meter in West Bengal, IndiaAn electricity meter, electric meter, electrical meter, energy meter, or kilowatt-hour meter is a device that measures the amount of electric energy consumed by a residence, a business, or an electrically powered device over a time interval. Electric utilities use electric meters installed at customers' premises for billing and monitoring purposes. They are typically calibrated in billing units, the most common one being the kilowatt hour (''kWh''). They are usually read once each billing period. When energy savings during certain periods are desired, some meters may measure demand, the maximum use of power in some interval. "Time of day" metering allows electric rates to be changed during a day, to record usage during peak high-cost periods and off-peak, lower-cost, periods. Also, in some areas meters have rela ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
