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.
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