Cred Developments

About Cred Developments

Cred Developments is a relatively recent real estate arm founded in 2018, but backed by long-standing heritage. The company emerged from the expansion of ABC Construction, a Saudi enterprise founded in 1982 — roughly 40 years of regional construction experience.

The company was initially known as Castle Development before rebranding to cred. This commercial identity change came as part of an aggressive expansion strategy in the Egyptian market.

The company is led by Eng. Taha Mansour as Chairman, alongside Eng. Ahmed Taha Mansour as CEO, and Eng. Mohamed Edrees as Managing Director. This family leadership ties Cred to the Saudi ABC legacy extending since 1982.

Cred Track Record

The company's most distinctive feature is the backing of Saudi ABC Construction. ABC was founded in 1982 and has a strong reputation in the Gulf region, and its 40-year construction expertise translates directly into the execution standards of Cred projects in Egypt.

Since its founding in 2018 and rebranding to cred, the company has executed an expansion plan in the Egyptian market with major projects in the New Administrative Capital and Greater Cairo. The company combines regional experience with the youthful dynamism of its new identity.

The company's flagship project is Castle Landmark in the New Administrative Capital, spanning 41.5 acres in the R7 district, serving buyers seeking integrated residence in the new administrative city, just 30 minutes from New Cairo.

Areas Where Cred Operates in Egypt

Cred projects are distributed across three primary regions: the New Administrative Capital, New Cairo, and 6th of October. This relatively broad geographic spread serves the company's strategy of reaching multiple buyer segments.

You can browse New Administrative Capital compounds to see the flagship Castle Landmark, plus New Cairo compounds for the Ever East project.

The company also operates in 6th of October compounds through Ever West, serving West Cairo buyers. This presence in East and West Cairo plus the New Capital reflects a multi-axis expansion strategy.

Cred Project Portfolio

The Cred portfolio includes 3 projects available through CompoundGate, evenly distributed between the New Capital, New Cairo, and 6th of October. This balanced distribution serves a multi-market strategy.

In the New Administrative Capital, the portfolio includes Castle Landmark New Administrative Capital, spanning 41.5 acres in R7, and is the company's flagship in the new administrative city.

In New Cairo, the portfolio includes Ever East New Cairo, serving East Cairo buyers within the company's Ever commercial series.

In 6th of October, the portfolio includes Ever West 6th of October, the western wing of the Ever series. This symmetric naming between east and west creates a consistent commercial identity across both regions.

Why Buy from Cred Developments

The most distinctive advantage of Cred is its backing from Saudi ABC Construction. This regional construction legacy extending since 1982 gives Cred execution capabilities and financial resources unavailable to companies starting from scratch. The company is new by name but backed by 40 years of regional expertise.

The second advantage is strategic positioning in R7 of the New Capital. R7 is among the most sought-after districts in the New Administrative Capital and closest to New Cairo (just 30 minutes away). This positioning makes Castle Landmark a logical choice for buyers who prefer staying near Cairo.

The third is multi-axis expansion. The company does not concentrate on a single region; it operates across 3 diverse regions, serving a wide buyer segment and reducing the risk of single-region concentration.

Frequently Asked Questions about Cred Developments

When was Cred Developments founded?
Cred Developments was founded in 2018 as an expansion of Saudi ABC Construction (founded 1982). It was previously known as Castle Development before rebranding to cred.

Is Cred a trusted developer to invest with?
Yes. The company is backed by Saudi ABC Construction, which has operated since 1982 with a strong reputation in the Gulf region. This regional backing provides strong execution and financial capabilities in the Egyptian market.

Where are Cred projects located in Egypt?
Cred projects span 3 regions: the New Administrative Capital (Castle Landmark), New Cairo (Ever East), and 6th of October (Ever West) — totaling 3 active projects.

What is the relationship between Cred and Saudi ABC Construction?
Cred is an expansion of Saudi ABC Construction into the Egyptian market. ABC was founded in 1982 and has 40 years of regional construction expertise, and it backs Cred financially and operationally.

What are Cred's flagship projects?
The company's flagship project is Castle Landmark in the R7 district of the New Capital, spanning 41.5 acres. The portfolio also includes Ever East in New Cairo and Ever West in 6th of October.