Tag: SODIC

SODIC targets sales of EGP 5.6bn in 2017 

Company obtained credit facilities of EGP 2.2bn, 55% of which was utilised

Hamada Ismail

SODIC achieves total revenues of EGP 2.1bn in 2016

The company achieves 40% growth and aims to allocate EGP 600m for…

Mahmoud Hashem

SODIC, Atletico Madrid Foundation to launch football academy in Sheikh Zayed

The academy will be launched in January 2017; company seeks to develop…

Daily News Egypt

Mubarak-era housing minister’s prison verdict upheld

Cassation Court upholds three-year imprisonment sentence against former housing minister Ibrahim Soliman

Daily News Egypt

Real estate bubble does not exist in Egypt: developers

80% of lands are not developed and the growth in the sector…

Shaimaa Al-Aees

SODIC records net profit of EGP 97m in Q2 2016

New phases in both SODIC East and West projects to be launched…

Daily News Egypt

SODIC targets 10% increase in net profits by year’s end

Eastown to generate up to 80% of the recurring income by 2020

Mohamed Samir

EGX targets breaking last week’s resistance level of 7,650 points

The EGX kept moving upwards during last week, registering a 1.76% rise…

Mohamed Ahmed

Despite a slight decrease in Q1 profits, SODIC is set for expansion and higher profits

SODIC announced the completion of a number of major projects, such as…

Nicholas Mehling