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Founded in 1975, since its establishment, SED has presented leading real estate projects for the Egyptian market nationwide which made it one of the most renowned real estate developers The Egyptian joint stock company is equally owned by the Saudi government and the Egyptian government with a capital of 1.9 billion Egyptian pounds. The company has a proven history of accomplishments, it delivered around 24K housing units, inhabited by more than 114K individuals and is currently working on establishing 7 new projects in Egypt.