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SODIC launches and sells “Allegria Residence”
Real estate developer SODIC has launched its upscale apartment complex “Allegria Residence,” achieving EGP 500 million in booked sales, the…
SODIC aims to invest EGP 3.7 bn in construction projects in 2019
Upmarket real estate developer SODIC aims to invest EGP 3.7 bn in construction projects in 2019, up from EGP 2.4…
Earnings Watch: SODIC, Ibnsina Pharma report 2018 results
EARNINGS WATCH- SODIC reported 37% y-o-y growth in its adjusted bottom line to EGP 815 mn in 2018, the company…
SODIC appoints new commercial and operations manager
MOVES- SODIC has appointed Nabil Amasha (LinkedIn) as Commercial and Operations Manager, Al Mal reported. Amasha previously served as manager…
SODIC looking to invest c.EGP 5.17 bn in 2019
INVESTMENT WATCH- SODIC aims to invest about EGP 5.17 bn in 2019, the upmarket real estate developer said in an…
SODIC’s land has no real exposure to presidential decree
Real estate developer SODIC’s total land bank currently sits at 15.9 mn sqm, the company said, according to Al Mal.…
SODIC calls off all-share acquisition of MNHD
M&A WATCH- SODIC calls off all-share acquisition of MNHD: Upmarket real estate developer SODIC will not submit a mandatory tender…
FRA grants SODIC grace period to submit MTO for MNHD acquisition
M&A WATCH- FRA grants SODIC 60-day grace period to submit MTO for MNHD acquisition: The Financial Regulatory Authority (FRA) has…
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