Sixth of October for Development and Investment Company (SODIC) announced that it has signed a financial lease agreement with EFG Financial Solutions S.A.E. for a total value of EGP 2.94 billion
Updated 11/10/2025 10:24:00 AMSixth of October Development and Investment Company (SODIC) recorded 150.92% higher net profits attributable to the parent company at EGP 2.345 billion in the first nine months of 2025
Updated 10/26/2025 10:26:00 AMSixth of October Development and Investment Company (SODIC) reported a 107.48% year-on-year (YoY) surge in consolidated net profits attributable to the parent company during the first half (H1) of 2025 to EGP 1.297 billion from EGP 625.535 million.
Updated 7/23/2025 9:55:00 AMSixth of October for Development and Investment Company (SODIC) announced the early delivery of VYE, its next-generation development in New Zayed
Updated 6/19/2025 10:42:00 AMSixth of October for Development and Investment Co. (SODIC) has signed a revenue share agreement with Rula for Land Reclamation for the development of a 1,000 feddan plot in New Sphinx City, located in West Cairo.
Updated 5/12/2025 10:18:00 AMSixth of October Development and Investment Company (SODIC) recorded an annual leap of 143.68% in consolidated net profit attributable to the equity holders of the parent company during the first quarter (Q1) of 2025.
Updated 4/29/2025 7:47:00 AMSixth of October Development and Investment Company (SODIC) plans to develop an integrated urban project in partnership with MIDAR
Updated 4/16/2025 10:14:00 AMTabrok for Development Co., a fully owned subsidiary of SODIC, has signed a bridge facility agreement with the Commercial International Bank (CIB) for EGP 2.45 billion.
Updated 3/11/2025 9:10:00 AMBeltone Holding has acquired SODIC Securitization Company in a transaction valued at EGP 8.587 million.
Updated 2/18/2025 10:09:00 AMThe Egyptian economy witnessed major events during the second week of February, topped by the Financial Regulatory Authority’s (FRA) new investment rules for insurance and reinsurance companies
Updated 2/13/2025 12:10:00 PMSixth of October Development and Investment Company (SODIC) is planning to expand in the hotels sector over the coming period by launching 550 rooms in five new hotels.
Updated 2/10/2025 7:59:00 AMSixth of October Development and Investment Company (SODIC) generated 82% year-on-year (YoY) higher net profits attributable to the equity holders of the parent company in 2024
Updated 2/9/2025 10:47:00 AMSherif El-Sherbini, Egypt's Minister of Housing, Utilities, and Urban Communities, inspected the progress of construction works at SODIC’s The Estates project in New Zayed City.
Updated 12/23/2024 9:20:00 AMSixth of October Development and Investment Company (SODIC) reported a 70.67% year-on-year (YoY) hike in consolidated profit attributable to the parent company during the first nine months of 2024.
Updated 10/29/2024 9:55:00 AMSODIC, a leading real estate developer in Egypt, has opened of its latest commercial project, EDNC, in East Cairo.
Updated 10/9/2024 3:52:00 PMThe 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 4.41 billion.
Updated 9/9/2024 9:28:00 AMSixth of October Development and Investment Company (SODIC) has finalized an agreement to sell its entire stake in SODIC Securitization to Beltone Holding.
Updated 8/8/2024 9:55:00 AMSixth of October Development and Investment Company (SODIC) reported an 86.7% year-on-year (YoY) surge in consolidated net profits attributable to the parent company during the first half (H1) of 2024 to EGP 625.535 million from EGP 335.083 million.
Updated 7/28/2024 11:17:00 AMAct Financial is planning to raise EGP 1.04 billion in a private placement of 300 million shares on the Egyptian Exchange (EGX) from July 9th to 18th, and an initial public offering (IPO) of 60 million shares until 23rd, Managing Partner and Co-Founder Mostafa Abdelaziz said in a press conference on July 2nd.
Updated 7/3/2024 11:37:00 AMSODIC and Marriott International, Inc. have announced an agreement to introduce the Tribute Portfolio brand to two of SODIC’s premier hotels in Egypt, as per a statement.
Updated 6/12/2024 8:10:00 AM