SODIC Signs 1.3 bn Deal with AAIB to Finance SODIC West Project
Egypt’s real estate developer SODIC announces that it has signed a medium term facility package worth EGP 1.3 bn with the Arab African International Bank to expedite construction works at its mixed-use development in ...
SODIC: Property Sector Employs 14% of Egypt’s Manpower
Major real estate developers say that the country’s property sector employs 14% of the country’s manpower and accounts for 15% of the gross domestic product along with the contracting sector, Invest-Gate reports.
Several Developers Recognized at Cityscape Egypt Awards
The winners of the annual Cityscape Conference and Exhibition awards were announced at a glamorous ceremony held at the Royal Maxim Palace Kempinski Cairo on March 28, Invest-Gate reports.
“Maadi View” Units To Be Offered End Of March
Egyptian real estate developer Maadi Company for Development and Construction will offer units of the first phase of its latest residential project “Maadi View” in Shorouk City during Cityscape’s real estate exhibiti ...
SODIC Reports Net Profit of EGP 429 mn in 2016
Egypt's leading real estate developer SODIC reported a net profit after tax of EGP 429 mn, up by 38% y-o-y for the full year ending on December 2016 compared to a year earlier, according to a report sent to Invest-Ga ...
SODIC Denies Delaying Plan to Develop Project with HELI to September
SODIC corrected rumors concerning delaying the submission of the general plan for project development with Heliopolis Company for Housing & Development (HELI) to September, stating that they only pushed the deadline ...
HHD and SODIC to Postpone Project Development in Heliopolis
Heliopolis for Housing & Development (HHD) and SODIC agreed to postpone their partnership project aiming to develop 655 acres of lands until next September due to economic challenges following the float of the EGP, A ... SODIC Waiting on Tenders for Land in Sheikh Zayed
SODIC plans to compete for the development of 410 acres of land located in Sheikh Zayed, part of the second phase of projects offered by the New Urban Communities Authority (NUCA).
