CLD Developments, whose full name is Channel Locations Developments, operates in Egypt as a Saudi-Egyptian real estate investment collaboration. The company’s official website features Vasto Plaza Mall in the New Administrative Capital as its principal publicly presented real estate project, offering commercial, administrative and medical units.
CLD presents its mission around developing real estate investment destinations for investors and business operators while drawing on the participating parties’ broader business experience. Its official website states more than 67 years of experience across different business sectors and more than 20 years in the real estate market; these figures describe background experience and are not published as CLD’s own founding year.
About CLD Developments
The initials CLD stand for Channel Locations Developments. According to the official About page, the company was established through collaboration between Saudi and Egyptian investors to invest in Egypt and the Middle East. Its Saudi history is associated with the Channel name and the Al-Obaid family, while the Egyptian side is described as bringing prior investment experience in locations including New Cairo, Sheikh Zayed, 6th of October City, Maadi and El Gouna.
The company positions itself around development opportunities in emerging urban areas, supported by experience across engineering, marketing consultancy, construction, financial consultancy and real estate. Its stated corporate values include credibility, performance drive, integrity, team respect, entrepreneurial thinking and investor focus.
Formation of CLD and Published Experience
The available official website does not state a specific incorporation year for CLD Developments as an independent real estate company. Mentions of since 1956 and 67+ years appear in the context of the participating business interests and their background across various sectors, while 20+ years is presented as real estate market experience. None of these figures is therefore entered as a verified CLD foundation date.
The company states that Saudi and Egyptian investors established Channel Locations Developments to invest in Egypt and the Middle East. Its About page also includes a chairman’s message under the name Moahmed AL Obaid, focusing on long-term relationships with investors and partners and on raising real estate development standards.
- Identity: a Saudi-Egyptian investment collaboration operating as Channel Locations Developments.
- Published cross-sector background: more than 67 years of experience.
- Published real estate experience: more than 20 years.
- Officially featured project: Vasto Plaza Mall in the New Administrative Capital.
Vasto Plaza Mall New Administrative Capital
Vasto Plaza Mall is the development given a dedicated project page on CLD’s official website. It is located in the New Administrative Capital on El Wezarat Axis, between residential districts R2 and R3, close to the Central Business District CBD and the monorail station, with a view toward the Iconic Tower as described by the developer.
The official project text states that Vasto Plaza Mall is developed over 10,000 square metres at plot H15 and targets investors looking for commercial, medical and administrative units. This mix positions the mall as a workplace and service destination close to residential catchment areas and the business and governmental activity of the New Administrative Capital.
Unit Uses at Vasto Plaza Mall
- Commercial units: premises intended for retail and service activities serving visitors and surrounding districts.
- Administrative units: offices and business spaces located near the CBD and Ministries Axis.
- Medical units: spaces for healthcare-related activities within the mall’s announced use mix.
Facilities Presented by CLD
The project page lists facilities including a co-working space, customer service, ATM machines, central air conditioning, high-speed internet, valet parking, a mosque, VIP lounge, security systems and a kids area. The published amenity set is designed to support both unit users and visitors in a multi-activity business destination.
CLD Developments in Numbers
| Full company name | Channel Locations Developments |
| Published business identity | Saudi-Egyptian investment collaboration |
| Cross-sector experience shown | 67+ years according to the official website; this is partners’ background, not CLD’s age |
| Real estate experience shown | 20+ years within the participating experience |
| Project featured officially | Vasto Plaza Mall |
| Project location | New Administrative Capital, Ministries Axis between R2 and R3 |
| Vasto Plaza Mall area | 10,000 sqm according to the official project description |
| Unit uses | Commercial, administrative and medical |
| CLD founding year | Not clearly published in the available official material |
| Delivered-unit count | Not published in the available official material |
These details distinguish verified information about CLD and its featured project from time spans relating to the partners’ prior experience. The official material available for this profile does not publish a verified number of delivered units, so no estimated handover total is used.
Vision and Specializations of Channel Locations Developments
CLD’s stated vision is to remain a valuable development company benchmarking real estate projects and concepts across market verticals in order to satisfy investors. Its mission emphasizes professional service from its team and enabling investors to pursue their real estate investment expectations.
Based on the project officially presented online, the company’s published current specialization is investment-focused mixed-use development, particularly commercial, administrative and medical property in the New Administrative Capital. Vasto Plaza Mall’s position near R2, R3, the CBD and Ministries Axis supports that focus on accessible business and service activity.
Information for Investors Considering CLD
As CLD’s available official project information centres on Vasto Plaza Mall, a prospective investor can begin by evaluating its location and choosing the appropriate unit purpose: commercial, administrative or medical. Buyers should consult the company’s latest official information for currently offered spaces, prices, payment terms and delivery progress before making a final decision, since these commercial details can change during sales and development stages.
The company website remains the primary reference for new portfolio announcements or updates. At present, its available published information does not state a verified delivered-unit total or a separate establishment year for CLD as a real estate entity.
Frequently Asked Questions About CLD Developments
What does CLD Developments stand for?
The company’s full name as published on its official website is Channel Locations Developments, commonly presented as CLD Developments.
What type of company is CLD?
CLD describes itself as a Saudi-Egyptian investment collaboration targeting real estate development and investment in Egypt and the Middle East.
Which CLD project is published on its official website?
The official website presents Vasto Plaza Mall in the New Administrative Capital, offering commercial, administrative and medical units.
Where is Vasto Plaza Mall located?
The project is situated on El Wezarat Axis in the New Administrative Capital between districts R2 and R3, near the CBD and monorail station.
When was CLD Developments founded?
The available official material does not clearly state a foundation year for CLD itself. Its published time spans relate to the participating parties’ business and real estate experience.
How many units has CLD delivered?
The available official website does not publish a verified total of residential or commercial units delivered by CLD.