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SODIC’s bottomline rises 144% y-o-y in 1Q 2025
The company’s revenues rose 50% y-o-y to EGP 2.76 bn in 1Q 2025.
Another Hassan Allam subsidiary secures Neom contract
PLUS- Finance in Motion plans to invest USD 100 mn in Egypt this year
SODIC reports record sales in 2024
SODIC reports record sales in 2024 fueled by Ogami project: Our friends at SODIC logged record gross contracted sales of…
Halliburton to bring four wells online by December. PLUS: News from Medcom Aswan, FRA, Q Developments,
The company is also reportedly rolling out well-stimulation technologies across key fields
SODIC reports highest ever quarterly sales + Mashreq reports 9M earnings
Earnings o'clock: It was a busy day for earnings with both our friends at real estate developer SODIC and UAE-based…
SODIC launches latest flagship commercial destination: New Cairo’s EDNC
The real estate developer say the project will “redefine New Cairo’s retail and leisure landscape”
Ora Developers secures EGP 7 bn from banking consortium. PLUS: SODIC signs EGP 4.1 bn loan agreement with CIB, Banque Misr
CIB contributed some EGP 4 bn to the overall funding
Auto distributors push for more locally-assembled vehicles to make up for import restrictions. PLUS: Somabay + Redcon, SODIC, TMG, Mass Developments, EFG Hermes, Kima
A group of companies that assemble vehicles led by GB Auto have agreed to increase their allocations to accredited distributor
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