SODIC
UAE’s Aldar and ADQ seek to buy control of Egypt’s SODIC
Business
September 14, 2021
UAE’s Aldar and ADQ seek to buy control of Egypt’s SODIC
CAIRO, Sept 14 (Reuters) – The UAE’s Aldar Properties and ADQ have submitted a request to Egypt’s Financial Regulatory Authority…
Egypt’s SODIC reports 37 pct rise in nine-month net profit
Business
November 11, 2014
Egypt’s SODIC reports 37 pct rise in nine-month net profit
SODIC, Egypt's third-largest listed property developer, reported a 37.4 percent rise in nine-month net profit on Tuesday.SODIC, also known as…
Egyptian property developer SODIC raises $139 mn for new projects
Business
November 3, 2014
Egyptian property developer SODIC raises $139 mn for new projects
SODIC, Egypt's third-largest listed property developer, has completed a LE1 billion (US$139 million) capital increase to help finance new projects…
Egyptian developer SODIC to invest US$336 mn in 2015, sees property boom
Business
October 20, 2014
Egyptian developer SODIC to invest US$336 mn in 2015, sees property boom
SODIC, one of Egypt's largest listed real estate developers, plans to invest LE2.4 billion (US$336 million) in 2015 and is…
Former housing minister appeals 8-year sentence
Egypt
July 31, 2012
Former housing minister appeals 8-year sentence
The defense of former Housing Minister Mohamed Ibrahim Suleiman has appealed Tuesday the eight-year sentence he received for facilitating the…
SODIC sees no impact from ruling against ex-chairman Magdi Rasekh
Egypt
April 3, 2012
SODIC sees no impact from ruling against ex-chairman Magdi Rasekh
Egypt's SODIC, the country's third-biggest listed developer, said on Tuesday a court ruling that fined and sentenced its former chairman…
Since revolution, a lull in Egypt’s fast-growing private arts sector
Art news
July 25, 2011
Since revolution, a lull in Egypt’s fast-growing private arts sector
In the weeks leading up to the 25 January revolution, a number of large-scale, privately-funded art projects were on the…
A glimpse into the future of Cairo’s development: Westown and Eastown
Environment
June 9, 2011
A glimpse into the future of Cairo’s development: Westown and Eastown
In less than fifty years, Cairo, a city originally designed to host about 5 million people, has reached 20 million…
SODIC’s sculpture symposium produces art for desert road
Art news
June 8, 2011
SODIC’s sculpture symposium produces art for desert road
Thanks to Egypt’s third largest listed real-estate developer, SODIC, a slew of metal sculptures six to nine meters high will…
Egypt cabinet body denies SODIC land withdrawn
Egypt
June 6, 2011
Egypt cabinet body denies SODIC land withdrawn
Egypt's government on Monday denied a newspaper report that it had withdrawn land from SODIC (OCDI.CA: Quote), the country's third-biggest…