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.

SODIC Brings GOCO Hospitality to The Estates

SODIC signs a Letter of Intent (LOI) with GOCO Hospitality for the operation of the GOCO Retreat at The Estates, Invest-Gate reports.

ALDAR to Invest $1.5 bn in Egypt and UAE within Months

Talal Al Dhiyebi, CEO of ALDAR Properties, says that the company is to invest an additional $1.5 bn in Egypt and the UAE, over the following few months, Invest-Gate reports.

SODIC Records EGP 6.67 bn in Contracted Sales in H1

Sixth of October Development & Investment Company “SODIC” releases its consolidated financial results for the six months ended June 30th, Invest-Gate reports.

SODIC Submits Non-Binding Offer to Acquire MNHD

Sixth of October Development and Investment Company (SODIC) submits a non-binding offer (NBO) for the potential cash acquisition of up to 100% of the share capital of Madinet Nasr Housing and Development (EGX: MNH ...

SODIC Records EGP 3.74 bn Contracted Sales in Q1 2022

Sixth of October Development and Investment Company (SODIC) releases its consolidated financial results for the three months ended March 31, 2022, Invest-Gate reports.

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