Forbes Middle East

48 Mawaad Environmen­tal Services


Founder: Ismail Fahmy

Materials processing and resource recovery company

Funding: $5 million Investors: Ahmed Sadek El Sewedy, Emanat LTD

Headquarte­rs: U.A.E.

Establishe­d in: 2018

Mawaad Environmen­tal Services is a materials processing and resource recovery company backed by Elsewedy Industries’ COO and board member of Elsewedy Electric, Ahmed Sadek El Sewedy. The company uses metal recovery technology to cut costs in heavy industries. It counts Emirates Steel and Ezz Steel as clients and operates across the GCC and Egypt.

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