SODIC Expands North Coast Project in $636 Mn Deal

Sixth of October Development & Investment Co. (SODIC) acquires 180 feddans of land next to its Caesar project on Egypt’s north coast for EGP 10 bn ($636 million), extending the company’s flagship seaside developme ...

Aldar Reaffirms its Commitment to Egypt

SODIC’s majority shareholder Aldar has reaffirmed its commitment to being a long-term strategic investor in Egypt.

SODIC Achieves EGP 2.78 Bn Contractual Sales in Q1 2023

SODIC sells 274 units in Q1 2023 generating gross contracted sales of EGP 2.78 bn, a decrease from EGP 3.74 bn in Q1 2022, Invest-Gate reports.

SODIC Hosts Squash Tour Tournaments at Club S Allegria

SODIC hosts the SODIC Squash Tour at Club S Allegria, under the auspices of the Professional Squash Association (PSA), Invest-Gate reports.

SODIC, Tawasol Egypt Marks Decade of Cooperation in Ezbet Khairallah

SODIC and Tawasol for Developing Istabl Antar NGO celebrate 10 years of creating scalable impact in education and community development in Ezbet Khairallah district, Invest-Gate reports.

Sodic’s Contracted Sales Soar EGP 21.3 Bn in 2022

Cancellations reached a value of EGP 1.25 bn during 2022, representing 6% of the year’s gross contracted sales. This is compared to a cancellation rate of 17% during 2021.

SODIC Releases Sustainability Report, Carbon Footprint in COP27

SODIC is the first Egyptian developer to publish its GRI sustainability report.

SODIC to Sponsor COP27 in November

Sixth of October Development and Investment Company (SODIC) announces sponsoring the United Nations Climate Change Conference (COP27), to be held in the Egyptian city of Sharm El-Sheikh in November 2022, Invest-Ga ...

SODIC, Alfanar Celebrate Graduates of Education Seed Cycle 2022

SODIC celebrates Egypt’s First Education Seed Cycle 2022 graduation ceremony with Alfanar at Club S - Allegria, honoring the five graduating Social Enterprises for completing Alfanar’s Sustainable Social Enterpris ...

SODIC Relaunches Karmell Project in New Zayed

Sixth of October Development & Investment Company “SODIC” relaunches the 464-acre Karmell project in New Zayed, Invest-Gate reports.

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