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Saudi Egyptian Developers — known by its acronym SED — is one of Egypt's oldest real estate developers, founded in 1975 as a 50-50 joint venture between the Saudi and Egyptian governments.
Over 50 years, the company has delivered more than 24,000 housing units across more than 50 projects in Cairo, Alexandria, the North Coast, and the New Administrative Capital. النسخة العربية · English version.
Founded in 1975 as a joint real estate investment arm of the Saudi and Egyptian governments, SED is headquartered in Cairo and led today by CEO Eng. Mohamed Taher.
The company works across four verticals: residential (apartments, villas, townhouses, duplexes), commercial, retail, and coastal resorts, with a current inventory of 2,465 units available for sale.
Since 1975 SED has delivered more than 24,000 housing units — a figure very few Egyptian developers can substantiate. That accumulation places the company in the small group of developers that have crossed more than one full economic cycle.
Active projects include Jayd New Cairo on 70 acres near Ninetieth Street, and Bleu Vert in the New Administrative Capital on 70 acres near the Mohammed Bin Zayed Axis.
On the North Coast, IL Latini in New Alamein is one of the larger projects launched under the state's New Alamein masterplan. In New Cairo the company also operates Mall Central.
SED's portfolio is geographically broad: New Cairo compounds, New Capital compounds, New Alamein, plus Alexandria, Maadi, and Old Cairo.
In New Cairo, Jayd is the company's current flagship — an open master plan that allocates roughly 80 percent to green and water features. Nile Pearl Tower represents the move into luxury high-rise.
In the New Administrative Capital, Bleu Vert sits on 70 acres near the Mohammed Bin Zayed Axis and targets the upper-middle segment. Mall Central adds a retail component to the New Cairo portfolio.
On the North Coast, IL Latini sits in New Alamein and forms part of the state's master plan to reposition the city as a year-round coastal hub.
First, joint government ownership (Saudi plus Egyptian). That makes operational and financial risk meaningfully lower than at most private developers, especially during economic pressure cycles.
Second, 50 years of actual delivery and more than 24,000 handed-over units. Any buyer signing a 10-year installment plan needs that kind of evidence before committing.
Third, geographic diversity — from New Cairo to the New Capital, to New Alamein, to Alexandria and the coast. That reduces single-area concentration risk and gives buyers a real choice.
When was Saudi Egyptian Developers founded and who owns it? Founded in 1975 as a 50-50 joint venture between the Saudi and Egyptian governments, headquartered in Cairo.
How many units has SED delivered to date? More than 24,000 housing units across more than 50 projects since the company was founded 50 years ago.
What are SED's main projects in Egypt? Jayd, Nile Pearl Tower, and Mall Central in New Cairo; Bleu Vert in the New Capital; and IL Latini in New Alamein.
Does SED offer installment plans? Yes. Most of its projects are available with payment plans of up to 8 years and down payments starting at 5 to 10 percent. Terms vary by project.
Is SED a trusted developer? Yes. Joint government ownership (Saudi and Egyptian), 50 years of operating history, and a delivery record of over 24,000 units — a level of security rare in the Egyptian market.
