Arab Finance: Sixth of October Development and Investment Company (SODIC) has unveiled SPLANADA, its latest retail destination in New Cairo, which is set to be inaugurated by the end of the year, as per an emailed release on July 10^th.

Inspired by the European style, SPLANADA is the retail component of a larger development comprising SODIC’s mixed-use development Eastown District New Cairo (EDNC) and Eastown residential neighborhood.

SPLANADA extends over a gross leasable area (GLA) of 14,765 square meters.

It will feature specialty restaurants, fashion stores, entertainment outlets, a first-of-its-kind theater, and SODIC’s latest sales centers, in addition to a gym, kids area, outdoor restaurants, and 750 underground parking lots.

“We are excited to introduce our newest SODIC retail experience at New Cairo. SPLANADA is destined to be New Cairo’s go-to destination with everything you need in one place,” SODIC’s General Manager Ayman Amer commented.

Egypt signs $140M financing deal for metallic silicon production complex in New Alamein Updated 12/31/2025 1:35:00 PM

SCZONE, Pitcairn Group to build $8M food industries project Updated 12/23/2025 10:03:00 AM

SCZONE, MDC to develop EGP 1B ready-built factories in Qantara West Updated 12/23/2025 8:44:00 AM

Banque Misr-led consortium provides EGP 8.9B in Islamic financing for Al Marasem Updated 12/18/2025 11:55:00 AM

TBK International, Minor Hotels launch Oaks in Saudi Arabia, expand NH Collection in Egypt Updated 12/14/2025 2:35:00 PM