company definition Saudi Egyptian Developer SED
The Egyptian Saudi Development Company (SED) is one of the largest companies in the field of construction and real estate. Since its inception, it has swept the Egyptian market strongly and succeeded very quickly in ascending the throne of major companies in this huge field. The Egyptian Saudi Development Company has also succeeded in owning a large segment of customers. And investors have great confidence in them due to its keenness to deliver all units on time and without any delay, and it also carries out finishing and the finest designs for all its projects with the use of the best materials in construction and adding all important services to the owners, which increases confidence in it and makes it one of the surest companies for investment and contracting Since the year 1975 was the beginning of the launch of this ancient company in the field of real estate investment in major tourism and residential real estate projects.
SED is a partnership between the Egyptian government and the Kingdom of Saudi Arabia, with a huge capital of 1.9 billion Egyptian pounds. It also succeeded in delivering about 24 thousand housing units and 114 thousand independent units, and also succeeded in establishing 7 new projects that are now based on them within the borders of the Republic of Egypt. Arab Egypt, 4 of them last year only.
It was founded in 1975 AD and provided a leading position in the huge Egyptian and Saudi real estate field through powerful innovative projects through which it achieved an unprecedented percentage of sales, and it also gained a huge customer segment and as a result made it one of the best companies to occupy the throne of this field with every entitlement.
Board of Directors of the Egyptian Saudi Development Company
The Saudi Egyptian Developers SED has a team of Ali Ali Mitsui in the board of directors, which elevated it to that prestigious position in the huge Egyptian real estate market and also at the level of the Middle East with the rest of the real estate companies, and they are:
Mr. Mohamed Al-Taher, who is the CEO of the company
Who previously stated that the company has committed itself to follow a strategy aimed at improving and maximizing the value of projects and the company through its human capital, which is its strongest factor for continuous excellence.
He also added that the establishment of the company and its long history spanning more than 45 years has resulted in the launch of the largest projects that exist in various industries and are characterized by unique features with a distinct touch that makes them unique from other projects. This comes within the company’s keenness to build the legacy to shape the best future for customers While keen to provide the best real estate experience for customers that is characterized by the slogan “Value for Money” in order to remain your trusted partner for you and your family.
The rest of the long-standing names that come to the board of directors for the Egyptian Saudi Development Company are as follows:
Mr. Yasser Salah, Financial Manager.
Mr. Mohamed Abdel Hafez, Commercial Director.
Also present in the position of Project Manager is Mr. Ahmed Hindi.
Mr. Mohamed Nabil, Asset Manager.
And also Mr. Mohamed Taleb, Director of Tenders and Procurement.
Mr. Diaa El Din Omar, Head of Governance, Risk and Compliance Department.
In addition to Mr. Tariq Jalal, who holds the position of Legal Director.
And also Ms. Shaima Hafez, Executive President for Development Affairs, and Ms. Heba Al-Amin, Director of Personnel and Organization.
Advantages and objectives of the Egyptian Saudi Development Company
The Egyptian Saudi Development Company (SUD) has many ingredients that made it among the leading companies in this huge field, which makes it worthy of occupying its throne, which is evident in all its projects in achieving a large percentage of unprecedented sales in addition to a large customer segment with high levels of confiden