Saturday 26 September 2020
 
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Sodic

Sodic to buy top developer MNHD in swap deal

Sixth of October Development & Investment Company (Sodic) said it has won approval from the company's board to acquire a leading Egyptian urban developer through a direct share swap deal. One of the region’s leading

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Sodic acquires plot to develop West Cairo project

Sodic, one of the region’s leading real estate development companies, has acquired a 500-acre plot in an auction held by New Urban Communities Authority (NUCA). With this move, the company's undeveloped land bank has risen to 8 million

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Egyptian developer Sodic net profit up 41pc

Sixth of October Development & Investment Company (Sodic), a leading Egyptian developer, said it has begun 2018 on a solid note with exceptionally strong profitability and land bank developments shaping the first three months of the year.

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Egypt Property Show nets $110m sales

The Egypt Property Show ended on a successful note in Dubai, registering a sharp jump in property sales which soared to $110 million, more than 100 per cent over last year’s returns. The event, inaugurated by Egypt Ambassado

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Sodic wins Cityscape Award for homes project

Egypt-based real estate developer Sodic was announced as winner of “Best Low to Medium Rise Built Residential Project Category” at the recent Cityscape Awards in Dubai, UAE, for its project Forty West in Giza. Launched

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Sodic signs contract with Cairo Water Company

Sodic, one of the region’s leading real estate development companies, has signed a contract with Greater Cairo Water Company to connect 1,000 houses to the fresh water network in Ezzbet Khair Allah. The signing comes followi

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Sodic 9-month net profit up 98pc to $28m

Egypt-based Sodic (Sixth of October Development & Investment Company) has posted a net profit of EGP507 million ($28.7 million) up 98 per cent year-on-year (YoY) for the first nine months of the year. Net profit margin came in

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Sodic H1 revenue jumps 88pc to $66m

Egypt-based Sodic, a leading real estate development company, has posted a revenue of EGP1.17 billion ($65.9 million) for the first half of the year, reflecting a year-on-year (y-o-y) increase of 88 per cent. The strong performanc

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Sodic, Vodafone partner to offer smart services

Sixth of October Development & Investment Company (Sodic) and Vodafone Egypt have announced a new partnership that will offer smart solutions services across all Sodic projects. The two companies signed a partnership agreement

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Sodic, Vodafone partner to offer smart services

Sixth of October Development & Investment Company (Sodic) and Vodafone Egypt have announced a new partnership that will offer smart solutions services across all Sodic projects. The two companies signed a partnership agreement

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