El Sayad Group has an outstanding track record and a longstanding presence, due to its major role in both the commercial and the industrial sectors in Egypt since its establishment in 1935 as a family business of medium size. Now, it has grown to cover several commercial, industrial and social fields through direct investments either in joint stock companies that are 100% owned by El Sayad family, or as anchor investors in huge recently privatized companies, or in private companies and non-governmental companies.
The group started as a simple partnership represented in "Tredco El Sayad" department store handling retail sales as well as some imports and exports. Upon the inception of Egypt's open-door policy that took place in the early seventies, the founders were ready to cope with the new economic structure.
They urged the business development plans for expansion in marketing, distribution, and gaining the exclusive agency of many reputable international firms that have been supplying a wide range of products, equipment, and machinery to the Egyptian and Arab markets.
Apparently, over the last two decades, the group has grown to become one of the largest economic bodies in Egypt especially upon its participation in a number of investment consortiums of strategic investors in the privatization process for many of the giant manufacturing firms operating in different industries in Egypt e.g. fertilizers , chemicals , cables, textile and construction. This reflects the group strategy towards the diversification of its investments.
Plus other diversified investments with moderate stakes and board representation in a variety of fields whether through joint stock companies or non government organizations (NGO’s).
Finally, El Sayad Group is sustaining a growing reputation through its continued market-focused strategies, integrated investments, and concentration on customer satisfaction.