Fire at Elsewedy factory causes $10,000 in losses

Cairo – Mubasher: Elsewedy Electric Company said Sunday that a limited fire broke out in a store of one of its factories in the 10th of Ramadan is a city, Sharqia Governorate, causing about $10,000 worth of damages.

The factory was not affected by the fire and is working at its full capacity, according to a bourse statement.

At Thursday’s close, the stock rose 2.06% to EGP 84.41.

Mubasher Contribution Time: 05-Feb-2017 08:18 (GMT)
Mubasher Last Update Time: 05-Feb-2017 09:24 (GMT)