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Channel Location Development (CLD)

It is a Saudi-Egyptian partnership

Channel Company is owned by the Al-Obaid family, who have been investing since 1967. They started building factories in the Kingdom of Saudi Arabia with areas ranging from 5,000 meters to 20,000 meters. Then they expanded more and took the Saudi industrial zone in the Kingdom to build a factory on an area of 150,000 meters. After that, they moved to expand internationally, which made them actually build a factory in China. From here, they established an import and export company called the Regional Channel to facilitate trade, import and export between Saudi Arabia, China and the Gulf countries. After that, the trend was towards real estate investment. They built commercial malls to market and display their products, other than the cyber that they built inside the Kingdom of Saudi Arabia under the name of Namaa Company.

They then decided to enter the field of real estate development in Egypt, and it was not possible to go under their name because they were not already known in Egypt. Their entry into Egypt was through the Locations Company because it has the Know How real estate Especially in the administrative capital, which owns projects in the capital

Marvel in the Mu23 area

Vida Mall & Vida West in the Downtown area

Vida B.C. In the Administrative District

After merging Channel Company and Locations Company, they owned a land portfolio with areas larger than 10,000 meters and announced their first project, Vasto Plaza
On an area of 10,000 meters in the MU23 area, first row on the Ministries Axis, plot No. H-15, the second plot from the Hope Axis
The first plot on Hope Square
With a direct view of the CBD area and the iconic tower
In the middle of the largest residential neighborhoods (R2 & R3)

Details : 01222122015

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