الوسم: ELSEWEDY ELECTRIC

 Madinet Masr (EGX: MASR.CA), a leading Egyptian urban community developer, has entered into

a strategic partnership with ELSEWEDY ELECTRIC S.A.E. (EGX: SWDY.CA), a global leader in

integrated energy, infrastructure, and digital solutions The two companies have signed a Memorandum

of Understanding (MoU) with ELSEWEDY ELECTRIC Infrastructure, a specialized subsidiary of ELSEWEDY

ELECTRIC, to execute advanced infrastructure works for the “Elan” project, located within the Sarai

development in East Cairo This collaboration, valued at EGP 400 million, aligns with Madinet Masr’s

commitment to creating sustainable urban communities, supported by smart infrastructure to improve

the quality of life and deliver long-term value

Strategic Partnership to Enhance Infrastructure at “Elan” in Sarai

The MoU signing ceremony was attended by Eng Abdallah Sallam, President and CEO of Madinet Masr

Eng Ahmed El Sewedy, President and CEO of ELSEWEDY ELECTRIC and Eng Mohamed Lashien

Senior Vice President of Product Development at Madinet Masr, along with other senior executives

from both companies According to the agreement, ELSEWEDY ELECTRIC Infrastructure will carry

out the infrastructure works for the “Elan” project, with a target completion date of 2027

Madinet Masr’s Vision for Sustainable Urban Development

Eng Abdallah Sallam, President and CEO of Madinet Masr, commented on the collaboration,

stating”This MoU with ELSEWEDY ELECTRIC Infrastructure is a testament to Madinet Masr’s

dedication to developing integrated, sustainable urban communities The partnership represents

a critical step in accelerating construction progress, adhering to timelines, and delivering projects

that combine modern design with top-tier infrastructure quality This approach helps solidify Madinet

Masr’s position as a leading real estate developer, meeting customer needs and supporting Egypt’s

urban development goals

Elsewedy Electric’s Role in Transforming Urban Communities

Eng Ahmed El Sewedy, President and CEO of ELSEWEDY ELECTRIC, highlighted the importance

of the partnership”This MoU signifies a significant milestone in our collaboration with Madinet Masr,

reinforcing our shared commitment to innovation and excellence Drawing on our extensive experience

in infrastructure networks and utility systems, ELSEWEDY ELECTRIC Infrastructure will deliver advanced,

high-quality solutions for the ‘Elan’ project Our work will ensure the efficient and timely execution of

infrastructure, contributing to the creation of sustainable urban communities that align with global

development trends

Delivering Excellence in Urban Infrastructure

Eng Mohamed Lashien, Senior Vice President of Product Development at Madinet Masr,

emphasized the importance of the partnership in executing the project’s infrastructure:

“Through this collaboration with ELSEWEDY ELECTRIC Infrastructure, we are ensuring

that the ‘Elan’ project’s infrastructure is developed with precision and high standards.

Our focus on disciplined project management, streamlined construction workflows, and

continuous progress ensures that the project will result in a well-planned, high-performing

community that meets the evolving demands of Egypt’s urban market.”

Ensuring Future-Ready Infrastructure for Sustainable Communities

Eng Ahmed Ouda, Chairman of ELSEWEDY ELECTRIC Infrastructure, expressed

confidence in the partnership’s success: “This MoU reflects the strength of our

collaboration with Madinet Masr and our commitment to delivering reliable,

future-ready infrastructure. By leveraging our expertise in utility networks and

infrastructure systems, we aim to ensure the timely and high-quality delivery of

the ‘Elan’ project, playing a key role in developing sustainable urban communities

About Sarai: A Flagship Project by Madinet Masr

Sarai is one of Madinet Masr’s premier developments in East Cairo, a project that embodies

over 65 years of experience in the Egyptian real estate market. Spanning 5.5 million square

meters, Sarai is designed with an innovative concept that personalizes the living experience

to cater to each resident’s unique needs The project merges modern living with the serenity

of suburban life, offering a range of unit types including apartments, S-Villas, and townhouses,

all surrounded by expansive green spaces. Sarai’s strategic location along the Cairo–Suez Road

and Al Amal Axis places it just 5 minutes from the New Administrative Capital, 10 minutes from

the American University in Cairo, and 15 minutes from the Ring Road, ensuring convenient

accessibility for residents

Conclusion: Shaping the Future of Sustainable Urban Communities

This strategic partnership between Madinet Masr and ELSEWEDY ELECTRIC

demonstrates a shared vision for creating modern, sustainable urban communities

that contribute to Egypt’s broader urban development With a focus on smart infrastructure

and innovative design, the collaboration will deliver a high-quality, future-ready living

experience for residents of the “Elan” project in Sarai, setting new benchmarks for real

estate development in Egypt