Latest in Tag: SODIC Highlight

Advertising Area



Latest in Tag: SODIC


SODIC

SODIC achieves Q1 gross contracted sales of EGP 3.74bn

Gross contracted sales for the first quarter of the year grew 102% YoY, carrying over the strong momentum of Q4 2021, and recorded EGP 3.74bn, representing 573 units sold across all projects, to set a new record for contracted sales during any first quarter in terms of both number and value of units sold.

Daily News Egypt

sd1

SODIC announces completion of first securitisation bonds issuance

The Sixth of October Development and Investment Company (SODIC) has announced the success of its subsidiary, SODIC Securitisation, in completing the first issuance of securitisation bonds worth EGP 343m. In a statement to the Egyptian Exchange (EGX), on Monday, the company said that the securitisation bonds were insured through a portfolio of notes worth EGP …

Alyaa Stohy

sd1

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

SODIC has signed a partnership agreement with the Arab African International Bank (AAIB) to provide its clients with e-payments solutions accessed through the developer’s website. The agreement entails that the AAIB provides a payment gateway that allows clients an e-payment option for their home installments and any other payments against services or products offered by …

Daily News Egypt

sd1

SODIC records over EGP 5bn in sales in 10M 2020

The company’s projects in west Cairo accounted for 60% of total gross contracted sales during the period driven by the strong performance on the next generation projects. VYE contributed 37% of sales, and the Estates contributed 10%. East Cairo made up 39% of the period’s gross contracted sales, with Villette generating 24% and SODIC East contributing 10%.

Daily News Egypt