Saudi Egyptian Developers

Key Information About Saudi Egyptian Developers

Saudi Egyptian Developers entered the Egyptian real estate market from a position that is difficult to overlook: an Egyptian-Saudi governmental partnership established in 1975. Over time, the company moved from an institutional foundation into a developer with a visible presence across several urban directions in Egypt. Its projects extend across New Cairo, the New Administrative Capital, Maadi, New Alexandria, New Alamein, the North Coast, and Downtown Cairo. This footprint reflects more than location diversity; it shows the company’s ability to address different layers of real estate demand.

Saudi Egyptian Developers does not build market trust through one project alone. Its record is based on a portfolio exceeding 50 projects and more than 24,000 residential units, housing over 114,000 residents. These figures make the company easier to assess through a long operating history rather than through a short sales campaign or a new project still trying to prove itself in the market.

About Saudi Egyptian Developers

Saudi Egyptian Developers was established in 1975 as a partnership between the Egyptian government, represented by the Ministry of Housing, and the Saudi government, represented by the Ministry of Finance. The most widely used official name is the Saudi Egyptian Construction Company, while Saudi Egyptian Developers also appears frequently in property searches. This foundation makes its evaluation more connected to institutional trust than to the biography of one founder or a limited sales campaign.

History and Journey of Saudi Egyptian Developers

Saudi Egyptian Developers passed through several clear milestones after its establishment. In 2008, its capital reached USD 75 million, then increased in 2014 to USD 318 million according to market data. In 2023, the company received recognition for a diversified portfolio that included 50 projects over 50 years. In this case, time works as a real trust factor, not just an old date in a company profile.

Vision and Mission of Saudi Egyptian Developers

Saudi Egyptian Developers operates with a vision centered on building communities and real estate landmarks with measurable value. Its mission does not stop at handing over a unit. It extends to execution quality, contractual confidence, and value for money. Its philosophy can be read through three clear tracks: an influential location, a product suitable for living or operation, and management that protects the asset after the actual sale for longer years.

• The company received real estate recognition in 2023 for a diversified portfolio that included 50 major projects over 50 years.
• The company’s portfolio reached more than 24,000 residential units, a figure that reflects operational scale, not only sales volume.
• The company’s projects extended to 7 main areas across Egypt, from New Cairo to the North Coast and Downtown Cairo.
• Engineer Mohamed Al Taher leads the executive management, placing responsibility before a declared leadership structure, not just a commercial name.
• The company’s capital rose to USD 75 million in 2008 before reaching USD 318 million in 2014.
• The company maintained clear diversity across residential, commercial, and touristic projects, reducing its dependence on one market segment.

Projects by Saudi Egyptian Developers

• Tierra New Cairo
• Central New Cairo
• Bleu Vert New Administrative Capital
• Arabesque Downtown Cairo
• Khan Arabesque Downtown Cairo
• Marina 8 North Coast
• Latin District New Alamein
• Nile Pearl Maadi
• Jayd New Cairo
• Sawari New Alexandria
• Mayadin New Administrative Capital
• Riyadh Secon New Cairo
• Nile Towers
• Dorra and Zahra New Assiut
• Hilton New Damietta
• Lake Dream 6 October