Tag: SODIC

Egypt’s Financial Regulator extends Aldar Properties’ MTO deadline for SODIC acquisition

Extension will apply for additional 30 days starting from 14 June

Alyaa Stohy Alyaa Stohy

SODIC records strong growth across operational, financial KPIs for Q1 2021

Strength of Q4 2020 carried over, helping company deliver best Q1 on…

Alyaa Stohy Alyaa Stohy

SODIC eyes EGP 8.8bn gross contracted sales in 2021

Company’s gross contracted sales in 2020 amounted to EGP 7.4bn, up 2%…

Daily News Egypt Daily News Egypt

SODIC may appoint IFA to assess its stock fair value following acquisition offer

UAE’s Aldar Properties presents preliminary non-binding offer for majority stake in SODIC

Alyaa Stohy Alyaa Stohy

UAE’s Aldar Properties presents preliminary non-binding offer for majority stake in SODIC

Offer for 51% minimum stake in SODIC is subject to due diligence,…

Alyaa Stohy Alyaa Stohy

SODIC records EGP 7.4bn in gross contracted sales during 2020

Residential sales grew by 19% driving y-o-y sales growth despite challenging year

Shaimaa Al-Aees Shaimaa Al-Aees

SODIC eyes securitising receivables, keeps New Capital on radar to expand land bank

About 40,000 sqm of commercial BUA are expected to come on line…

Alyaa Stohy Alyaa Stohy

SODIC, AAIB sign partnership agreement to provide e-payment solutions

SODIC has signed a partnership agreement with the Arab African International Bank…

Daily News Egypt Daily News Egypt

SODIC sells out Karmell’s first phase in New Zayed

Inspired by the Californian town Carmel-by-the-sea, Karmell is designed as a small…

Daily News Egypt Daily News Egypt

SODIC, Mobica introduce Work-Plex 

This plug and play concept enables clients to start their business with…

Daily News Egypt Daily News Egypt