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SODIC is officially getting Emirati owners
The Aldar / ADQ takeover of SODIC is going through: SODIC shareholders have so far agreed to sell shares equivalent…
SODIC approves Aldar offer despite falling short of fair value report benchmark
SODIC’s board of directors has approved a bid from Aldar Properties and ADQ despite the offer price falling short of…
TONIGHT: We’re still at zero Omicron at home + SODIC gives Aldar-ADQ offer its blessing
It’s another Omicron-led news day, ladies and gentlemen. The new variant is still very much driving the conversation abroad on…
A final offer?
The Emirati consortium bidding to acquire upmarket developer SODIC will not up its bid again if shareholders reject the price…
TONIGHT: Booster jabs coming for high-risk individuals here at home + OC joins Ain Sokhna green hydrogen project + markets shrug at Biden’s oil dump
It’s an unexpectedly brisk news day, considering it’s been a generally calm week so far. We’re certainly not complaining —…
Aldar-ADQ acquisition of SODIC approved by FRA
Aldar-ADQ bid for SODIC is one step closer to materializing after getting regulatory green light: The UAE’s Aldar Properties and…
Earnings Watch: SODIC, IDH, Palm Hills, MM Group, Vodafone Egypt
Upmarket real estate developer SODIC saw a 75% drop in net income during 3Q2021 as revenues declined due to timing…
THIS MORNING: What’s happening with Aldar-ADQ’s play for SODIC? US inflation at 30-year high; Deadline for Anghami SPAC merger.
Good morning, wonderful people. We’ve nearly made it through another workweek together, and our reward is a blockbuster issue on…
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