SODIC’s net profit surges 77% in 2025
Sixth of October Development and Investment Company (SODIC) delivered a strong set of consolidated financial results for 2025, posting sharp growth in revenues, profitability, and operational performance. The results were driven by robust demand across the company’s portfolio and the
Egypt’s real estate market enters phase of structural correction, global repositioning
Senior executives from Egypt’s leading real estate developers say the sector is entering a new phase—one defined by structural correction, stronger fundamentals, and growing global relevance—driven by economic stabilization, rising foreign investment, tourism expansion, and evolving urban development models. Ayman
SODIC achieves record EGP 31bn in gross sales for Q3 2024
Sixth of October Development and Investment Company (SODIC) has released its consolidated financial results for the first nine months of 2024. SODIC reported robust financials with gross contracted sales reaching EGP 39.8bn, marking a 101% year-over-year increase and a
SODIC records 87% YoY growth in net profit, 35% increase in revenues, and 34% rise in gross sales – Dailynewsegypt
Company's hospitality portfolio expands after adding three more hotels
SODIC, Marriott International to debut Tribute Portfolio brand in Egypt with 2 new hotels – Dailynewsegypt
SODIC, a leading Egyptian real estate developer, and Marriott International have signed an agreement to introduce the Tribute Portfolio brand to Egypt with two new hotels. The hotels, slated to open in West Cairo in 2027 and on the