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Sodic obtains EGP 1.57 bn credit facility to finance Sodic West
Upmarket real estate developer Sodic has obtained a EGP 1.57 bn credit facility from the Arab African International Bank and…
Aldar, ADQ launch bid for SODIC
The UAE’s Aldar Properties and sovereign wealth fund ADQ has submitted a mandatory tender offer for up to 90% of…
TONIGHT: Aldar and ADQ submit MTO for 90% of SODIC + Will Biden withhold some of our military aid?
Good afternoon, everyone, and welcome to the tail end of hump day. Another really busy news day has kept us…
CIB to offer mortgage finance for SODIC units
CIB will now offer financing options with up to 20-year terms to home buyers purchasing property at SODIC-owned real estate…
TONIGHT: It’s a slow afternoon for news in Egypt
Happy hump day, ladies and gents. We hope you (and the kids) are excited that we’re now on the downhill…
SODIC acquires new Zayed plot for EGP 1.24 bn
Upmarket real estate developer SODIC will purchase a 123-acre plot in Sheikh Zayed City for EGP 1.24 bn, the company…
SODIC prepares to restart sales, collections on 500-acre West Cairo plot
SODIC is looking forward to the “imminent” resumption of sales and collections on a 500-acre plot in West Cairo’s New…
SODIC net income almost triples in 2Q2021
EARNINGS WATCH- SODIC’s net income after minority interest almost tripled y-o-y in 2Q2021, reaching EGP 122 mn compared to EGP…
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