Thursday 22 February 2018
 
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Sodic

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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Sodic posts three-fold growth in Q1 profit, revenue

Sodic, one of the region’s leading real estate development companies, has started the year in a big way with triple digit growth in both revenues and profits for the first quarter which hit E£703 million ($46 million) and E£211

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Sodic's Q1 net contracted sales up 64pc

Sodic, one of the region’s leading real estate development companies, has started the year in a big way closing the first quarter with E£1.2 billion ($78 million) net contracted sales booked.   The company's n

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Redcon set to deliver key Egypt housing project

Egypt-based Redcon Construction will soon deliver the first phase of its key residential project being developed at Caesar on the country's northern coast about 340 km from capital Cairo, said a report citing its top official.

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Egypt developer Sodic net profit down in Q1

Sodic, one of the leading real estate groups in Egypt, has registered a sharp decline in its net profit for the first quarter which fell to E£55 million ($6.1 million) from last year's E£79.3 million ($8.86 million).

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Sodic, Heliopolis to develop big Egypt project

Sodic, one of the region’s leading real estate groups, has signed a deal with Heliopolis Housing to jointly develop a major mixed-use project on 655 acres of land in New Heliopolis area of Egypt. Strategically located in Eas

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