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Sodic appoints new financial officerLeading Egyptian real estate developer Sodic that Salah Shafei has resigned from his position as chief financial officer, to be succeeded by Omar El-Hamawy, effective May 31. El-Hamawy succeeds Shafei after almost six years with S More… |
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Sodic eyes stable sales, ups investmentsSodic, one of Egypt's largest real estate developers, hopes to maintain last year's sales momentum as demand for upmarket residential units remains strong despite a weak economy, its managing director said. "We are ho More… |
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Sodic names new MDThe Board of Directors of Sodic, a leading Egypt property developer, has approved the appointment of Ahmed Badrawi, currently chief business development officer, as the new managing director of th More… |
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Sodic delivers key Egypt projectSodic, one of Egypt’s top real estate development companies, said it has handed over the first of nine buildings in Westown’s Forty West neighbourhood to Dar Al Handasah, a leading design and architectural consultan More… |
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Egypt's Sodic swings to Q3 profitEgypt's Sodic, the country's third-biggest listed property developer, reported a third-quarter net profit of 46.8 million Egyptian pounds ($7.67 million), the firm said in a statement carried by the stock exchange on Wednesday. More… |
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HC Brokerage cuts price target on SodicEgyptian luxury real estate developer Sodic's profit is likely to be hurt by the cancellation of a land deal by a government authority, HC Brokerage said, cutting its price target on the stock by 6 per cent. Sodic said in April that th More… |
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Sodic swings to 2011 net lossEgyptian real estate developer Sodic said on Tuesday it fell to a net loss last year, when the industry was thrown into turmoil by challenges to state land sales and a mass uprising. Sodic, the country's third-biggest listed developer, rep More… |
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Egypt ex-housing minister gets 8 years jailA Cairo court sentenced former Housing Minister Ibrahim Soliman to eight years in jail on Thursday and fined him 2.18 billion Egyptian pounds ($360.9 million) for squandering public funds in two separate real estate deals. The court also s More… |
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Sodic to develop top Cairo project in 3 yearsEgypt's Sodic, the country's third-biggest listed developer, has agreed with the authorities to develop projects on its land bank in West Cairo within three years, in a move that protects the assets from possible legal challenge. Sodic, a More… |
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Sodic to develop Cairo project in three yearsEgypt's Sodic, the country's third-biggest listed developer, has agreed with the authorities to develop projects on its land bank in West Cairo within three years, in a move that protects the assets from possible legal challenge. Sodic, a More… |
