El Sewedy Electric Company(CASE:SWDY) dropped from FTSE All-World Index

El Sewedy Electric Co S.A.E. is the Egyptian leader of production of cables. Net sales break down by family of products as follows: - energy and special cables (46.5%): energy network cables, industrial equipment special cables, umbilical cables for oil and petrochemical operators, low voltage cables for buildings, telecoms cables, conductor wires, etc.; - electric equipment and accessories (7%): transformers, connectors, adaptors, copper cables accessories and fiber optic, etc.; The remaining sales (46.5%) concern a development of turnkey solutions activity. At the end of 2021, the group had more than 30 production sites throughout the world.