Sodic Q3 2016 Net Profit up 38% y-o-y

Sixth of October Development and Investment Company (Sodic) has recorded EGP 108 mn in net profit, marking a 38% year-on-year increase in the third quarter of 2016, according to an earnings release from the company o ...

Sodic Predicts Delivery of 900 Units, 15% Price Increase Next Year

Sodic projects that it will deliver 900 residential units by the end of the year, and that property prices will increase by 15%, but that this will not impact stable demand on real estate in the market.

Sodic Appoints US-based Sasaki for East Cairo Project Master Plan

Sodic has assigned US-based design firm Sasaki to develop the master plan for its new project in east Cairo, set to be built on 655 acres.

Phase One of Caesar Project to Launch This Month

Redcon Construction will be delivering the first phase of Caesar North Coast in to weeks.

SODIC Records Net Profit of EGP 158M in H1 2016

Sixth of October Development & Investment Company (SODIC), an Egypt-based real estate developer, recorded a net profit of EGP 97 million for the second quarter of 2016.

Heliopolis Company Set to Sign EGP 100M Contract for Water Plant

Heliopolis Company for Housing and Development, Egypt-based construction company, plans to sign a contract within two weeks to implement water tertiary treatment plant in New Heliopolis City, said Khaled Marasi, its ...

Sodic Delivers Phase 2 of Eastown Units in July

Six of October Development and Investment (Sodic) announced that it will deliver phase II units of Eastown projects in New Cairo in July 2016.

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