Atlas 0.881 6.53 %

International Agricultural Products 18.74 -4.29 %

Al Khair River For Development Agricultural Investment&Envir 0.54 -0.37 %

Egypt for Poultry 4.52 2.73 %

Mansoura Poultry 1.48 -1.99 %

Cairo Poultry 15.5 0.26 %

Ismailia Poultry 9.68 0.41 %

General Co for Land Reclamation 49.77 0.91 %

Wadi Kom Ombo 91.7 1.49 %

Foodico 64.49 1.66 %

Fitness Prime 1.49 -0.67 %

Al Moasher 4.03 -5.84 %

City Lab 0.721 -1.23 %

Arab For Development and Real Estate Development 1.08 -0.92 %

First Investment 1.97 -2.96 %

Meatello 2.67 9.88 %

Utopia 31.09 7.21 %

Barbary Investment Group 0.137 4.58 %

International Business Corp 3.22 9.9 %

Rekaz Holding 2.1 -0.47 %

Union Pharmacist 2.84 -4.7 %

ICMI 1.92 -0.52 %

Integrated Engineering Group 0.185 9.47 %

El Badr Investment and Development-BID 1.51 -2.58 %

Al Fanar Construction 3.18 -5.07 %

Rights Issue Of Arabian Rocks Plastic Industries-1 0 0 %

Egyptian Warehouses 0 0 %

Arabian Rocks 0 0 %

Heibco for commercial investments & real estate development 0 0 %

Arab Land Direct Mutual Fund 0 0 %

Orascom Construction 288.51 -2 %

Macro Group Pharmaceuticals - Macro Capital S.A.E 2.42 1.26 %

Act Financial 3.21 -1.83 %

Trans Oceans Tours 0.039 0 %

Media Production City 24.3 -1.42 %

M T I 7.19 -0.55 %

Digitize for Investment And Technology 3.72 -2.11 %

Fawry 8.4 -1.18 %

E-finance 20.34 -0.34 %

Raya Contact Center 6.85 -5.52 %

Suez Canal Co for Technology Settling 86 -1.88 %

Speed Medical 0.354 -0.28 %

Marseilia 4.14 -0.48 %

Contact Financial Holding 4.67 -0.64 %

Qalaa Holdings 2.27 1.34 %

Arab Co. for Asset Management And Development 0.982 -0.3 %

Cleopatra Hospital 8.21 -1.91 %

Egyptian Modern Education Systems 0.342 1.18 %

Cairo Educational Services 27.67 -1.91 %

Alexandria New Medical Center 20.1 -0.64 %

Nozha International Hospital 8.49 0.24 %

El Wadi International 0.65 2.69 %

Marsa Marsa Alam 0 0 %

Golden Coast 1.14 4.59 %

Sharm Dreams 18.06 2.32 %

Egyptian Resorts 5.69 0.35 %

Pyramisa 129.45 -0.02 %

Orascom Development Egypt 16 1.27 %

Al Rowad 31.55 -5 %

Remco 3.31 -3.22 %

Misr Hotels 29.42 0.31 %

A Capital Holding 2.64 3.13 %

Orascom Financial Holding 0.363 0.55 %

Egyptians Real Estate Fund Certificates 10.23 -5.71 %

ARAB Developers Holding 0.325 0 %

EGX 30 INDEX ETF 34.13 -0.41 %

Orascom Investment Holding 0.421 -2.32 %

Grand Investment Capital 8.84 0.11 %

B Investments Holdings 24.84 -1.74 %

TMG Holding 56.88 -1.28 %

Aspire Capital 0.273 -0.73 %

Beltone Financial Holding 2.86 -0.69 %

CI Capital Holding 5.88 -1.01 %

Prime Holding 0.606 -3.81 %

Reacap 6.75 -1.46 %

Naeem Holding 0.152 0.66 %

EFG Hermes 20.75 -1.24 %

Raya 3.16 -0.32 %

Egypt Kuwait Holding 0.775 -0.13 %

Egyptian Kuwaiti Holding-EGP 32.4 -0.55 %

Al Ahly for Development and Investment 31.57 -0.13 %

El Kahera El Watania Investment 26.01 -13.16 %

El Orouba Securities Brokerage 0 0 %

EAC 4.01 -1.96 %

Osool Brokerage 0.725 -1.09 %

AT Lease 4.43 -0.23 %

Amer Group 1.14 -0.87 %

Emaar Misr 8 1.27 %

GB Auto 14.5 -0.68 %

Alexandria National for Financial Investment 20.7 -4.65 %

Arafa Holding 0.13 1.56 %

Arab Moltaqa Investments 2.77 1.84 %

International Co for Investment & Development 3.59 1.13 %

Odin Investments 1.95 0 %

Saudi Egyptian Investment and Finance 62.5 -3.58 %

SODIC 60.7 -0.49 %

El Arabia for Land Reclamation 51.99 -5.97 %

PHDC 6.18 4.57 %

Heliopolis Housing 9.65 -1.23 %

Madinet Nasr Housing 4.08 0.74 %

El Obour Real Estate Investment 8.81 1.38 %

Cairo For Investment And Real Estate Development 14.05 -1.06 %

National Real Estate Bank for Development 0.397 0.51 %

Gharbia Islamic Housing Development 24.39 0.41 %

Mena Touristic Investment 4.32 -1.14 %

Egyptians for Housing 0.359 1.13 %

Real Estate Egyptian Consortium 0.666 -0.75 %

Gulf Canadian Real Estate Investment 34.08 4.99 %

National Co for Housing 68.44 0.62 %

Al Shams Housing 6.41 2.56 %

Development & Engineering Consultants 52.4 0.96 %

El Kahera Housing 1.95 -1.52 %

United Co for Housing 5.86 0.34 %

ALICO 1.74 6.1 %

Mohandes Insurance 21 -2.6 %

Delta Insurance 0 0 %

Faisal Islamic Bank of Egypt 1.02 0 %

Faisal Islamic Bank of Egypt 39.15 -0.18 %

Housing & Development Bank 52.58 -0.7 %

Export Development Bank of Egypt 18.89 4.89 %

Suez Canal Bank 24.52 3.85 %

Egyptian Gulf Bank 0.273 0.37 %

CIB 81.49 0.31 %

Abu Dhabi Islamic Bank 42.5 -1.12 %

Al Baraka Bank 13.59 2.18 %

QNB Alahli 34.29 -0.67 %

Credit Agricole 21.6 2.47 %

GTEX For Commercial And Industrial 0.039 2.63 %

Taaleem Management Services 10.11 0 %

Egypt Free Shops 29.85 2.4 %

El Dawlia Fertilizers 10.37 -0.67 %

NUDAP 2.35 -1.67 %

Ibnsina Pharma 6.51 -3.84 %

EGYFERT 81.73 -1.41 %

Taqa Arabia 12.97 1.25 %

Telecom Egypt 32.93 -0.09 %

GMC 0.96 1.05 %

Canal Shipping Agencies 25.48 19.96 %

Maridive 0.375 0.81 %

Alex Cont 22.88 6.27 %

Egytrans 5.71 17.49 %

Gadwa for Industrial Development 4.9 -0.2 %

Electro Cable 2.86 0.7 %

Arab Engineering Industries 1.47 3.52 %

Elsewedy Electric 89.1 -0.58 %

ICON 26.42 0.84 %

Arab Valves 4.09 -0.49 %

Egypt Aluminum 112 0 %

Acrow Misr 72.04 4.69 %

Ataqa 5.26 -2.23 %

Egyptian Iron & Steel 50.22 2.45 %

Arab Aluminum 14.74 0.2 %

Medical Packaging 1.25 -1.57 %

Sinai Cement 32.8 1.05 %

Misr Cement - Qena 26.65 0.83 %

Misr Beni Suef Cement 58.25 -0.82 %

South Valley Cement 3.51 1.15 %

Ezz Steel 102.8 -3.38 %

Lecico 28.91 -0.99 %

Remas 0.907 -1.41 %

Sheeni 11.25 -0.79 %

ACC 15.02 0.13 %

Gemma 25.4 -0.2 %

Rubex 6.51 -0.46 %

MOPCO 41 0.27 %

Egypt Gas 41.99 -0.28 %

Misr Oils & Soap 68.8 10.79 %

Kafr El Zayat Pesticides 13.3 -1.63 %

Kahira Pharmaceuticals 113.74 2.23 %

Egyptian Financial & Industrial 145.99 -0.02 %

Memphis Pharmaceutical 51.74 -4.06 %

Alexandria Pharmaceuticals 303.7 2.91 %

Nile Pharmaceuticals 52.29 3.24 %

ADCO 115 2.43 %

Sabaa 1.37 -1.44 %

Extracted Oils 3.08 0.33 %

Misr Chemical Industries 29.61 0.95 %

Kima 7.98 -0.37 %

Rameda 3.49 -2.51 %

Abu Qir Fertilizers 53.5 -0.83 %

Glaxo SmithKline 40.27 -0.81 %

Unipack 0.578 2.66 %

Sidi Kerir Petrochemicals 20.65 -0.48 %

October Pharma 104.5 -4.25 %

AMOC 7.73 0.65 %

Minapharm Pharmaceuticals 180 -4.41 %

EIPICO 45.58 0.11 %

Delta for Printing & Packaging 76.5 -7.59 %

Eastern Co 29.49 5.62 %

El Ahram for Packing 8.06 -3.7 %

Rakta 18.85 0 %

Dice 2.28 7.04 %

Kabo 3.65 10.27 %

Oriental Weavers 25.61 -1.88 %

Arab Polvara 8.3 1.59 %

Arab Cotton Ginning 8.32 4.92 %

Goldentex 26.5 4.87 %

SPINALEX 8.86 -0.34 %

Obour Land for Food Industries 18.25 -0.54 %

Juhayna 33.29 -0.57 %

Edita 28.27 -0.42 %

Cairo Oils & Soap 0.259 -3 %

Alexandria Flour Mills 25.89 0.23 %

Upper Egypt Flour Mills 308 -0.01 %

General Co for Silos & Storage 198.85 0.15 %

Middle & West Delta Flour Mills 299.2 1.79 %

South Cairo & Giza Flour Mills 35.1 -1.49 %

Middle Egypt Flour Mills 46.78 -1.27 %

North Cairo Mills 39.19 -1.61 %

East Delta Flour Mills 241.11 -0.78 %

Sharkia National Food 4.86 7.05 %

Arab Dairy 3.46 0 %

Ajwa 78.96 14.47 %

Delta Sugar 58.73 -0.29 %

El Nasr for Manufacturing Agricultural Crops 18.3 1.5 %

Domty 26.97 -0.04 %

Lift Slab Misr 0.295 0 %

Nasr Company for Civil Works 3.9 0.78 %

MB 2.34 -2.09 %

Industrial and Engineering Projects 0.258 -1.53 %

Pioneers Properties 3.3 -0.9 %

Tanmiya for Real Estate Investment 3.3 -0.3 %

Giza General Contracting 0.45 -1.32 %

Elsaeed Contracting 0.95 -1.55 %

New Ismailia Urban Development 14.5 -1.63 %

Egyptians for Investment 0.235 -4.08 %

Arabia Investments Holding 0.502 -0.2 %

Zahraa Maadi 7 -0.43 %

Iron And Steel for Mines and Quarries 4.2 -0.47 %

ASCOM 37.91 -0.71 %

Lotus For Agricultural Investments And Development 0.61 0.16 %

El-Nile Co.For Pharmaceuticals And Chemical Industries–Nile1 0 0 %

Rights Issue Of Aspire Capital Holding for Financial Invest 0 0 %

Rights Issue Of Memphis Pharmaceuticals &Chemical Industries 0 0 %

Rights Issue Of Sinai Cement -2 0 0 %

National Drilling 0 0 %

Qalaa for Financial Investments LLC 0 0 %

El Shams Pyramids 2.55 0 %

Golden Pyramids Plaza 0 0 %

Catalyst Parteners Middle East –CPME 0 0 %

Certificates Of Odin Egyptian Equity Investment Fund-KASAB 0 0 %

Saudi Egyptian Investment & Finance 0 0 %

Incolease 0 0 %

SAIB 2.53 19.91 %

The United Bank 0 0 %

Banque Du Caire 0 0 %

Damietta Containers & Cargo 0 0 %

Port Said Container and Cargo Handling 0 0 %

Middle East Glass 0 0 %

National Printing 0 0 %

Gogreen for Agricultural Investment 0 0 %

Al – Ahly Group For Modern Agriculture 0 0 %

Heidelberg Materials - Suez Cement - 1 2.5 -16.67 %

Global Telecom 2.02 -0.49 %

Rowad Misr 0 0 %

Egyptian Company for International Touristic Projects 11 9.34 %

Lakah Group 2.98 9.56 %

Egysacom 0.09 -10 %

United Arab Stevedoring 0.56 0 %

Modern Company for water proofing (Bitumode) 6 -7.69 %

Alexandria Cement 14.7 0 %

Al Ezz Dekheila Steel 0 0 %

Tourah Cement 67.65 -5.38 %

Suez Cement 9.6 -26.1 %

Modern Shorouk Printing & Packaging 0 0 %

Advanced Pharmaceutical Packaging 1.38 -0.72 %

Nile Cotton Ginning 0 0 %

DIFCO2 10.5 -8.7 %

Sohag National 5.9 0 %

Delta Construction & Rebuilding 0 0 %

SODIC inks EGP 4.14B syndicated facility deal to fund development costs

Updated 9/9/2024 9:28:00 AM

SODIC inks EGP 4.14B syndicated facility deal to fund development costs

Arab Finance: The Sixth of October Development and Investment Company (SODIC) has signed a long-term syndicated facility agreement with Banque Misr and the Commercial International Bank (CIB) valued at EGP 4.14 billion, the company stated.

The facility will be used to partially fund the remaining development cost of SODIC’s 464-feddan project in New Zayed, as well as cover the project’s other related expenses.

The deal comes in line with SODIC’s objectives to boost its leverage to increase revenues.

It is worth noting that SODIC maintains low levels of leverage, with EGP 3 billion of outstanding debts as of June 30^th, 2024, marking a debt-to-equity ratio of 0.32x.

Tags

Agreement Banque Misr CIB Sixth of October Development and Investment Facility

Related News

Banque Misr leads consortium to provide EGP 2.8B for Landmark Developments Updated 11/20/2024 8:22:00 AM

CIB’s consolidated profits climb 89% YoY in 9 months Updated 11/4/2024 10:45:00 AM

SCZONE, Pearl Group to implement polyurethane project in Sokhna Industrial Zone Updated 10/30/2024 2:42:00 PM

SODIC’s consolidated profit climbs 70.67% YoY in 9 months Updated 10/29/2024 9:55:00 AM

Town Gas, Banque Misr partner to facilitate gas delivery payment Updated 10/24/2024 1:58:00 PM

Watch Now

CBE Expected to cut Interest Rates in 2025

Egypt in Brics: Paving The Way for Local Currency Trade

Stay tuned for our interview with Ahmed Osman, Co-Founder of Technobit