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
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.