Upmarket real estate developer Sodic will now have an online payment gateway available for its clients after signing an agreement yesterday with AAIB, according to a company press release (pdf). Under the agreement, AAIB will set up the gateway to allow Sodic clients to pay for their home installments and other services online. Sodic subsidiary Soreal had signed a medium term facility package worth EGP 2.57 bn with AAIB earlier this year for the development of its Villette project in New Cairo.
More from Enterprise
The CBE is taking a tougher stance on regulation
Last summer, HSBC paid the CBE a EGP 1.4 bn…
Farmers aren’t borrowing to survive anymore — they’re investing
Medium-term loans rose more than 1k% to EGP 22.6 bn…
The GCC IPO party took a breather in 2025
The region recorded 40 IPOs during the year, down from…
Valu gets regulatory green light to start operations in Jordan
Former Jordanian Investment Minister Mothanna Gharaibeh will serve as chairman…