Company News

SODIC Adds a 500-Feddan East Cairo Project Through New MADA Partnership
SODIC has agreed to develop a 500-feddan plot inside MIDAR's MADA community in New Cairo, extending its East Cairo presence beyond Villette and SODIC East.

Nobu Opens Inside SODIC's Ogami, Adding a Global Dining Name to the North Coast
SODIC's 440-acre Ogami development now hosts Nobu's first North Coast restaurant, another lifestyle draw for buyers and renters weighing the recently-launched project.

SODIC's 2024 Results: What the Numbers Signal for Buyers
SODIC closed 2024 with higher sales and profit than 2023 — a useful data point for anyone weighing the developer's ability to fund and deliver on schedule.

SODIC Secures EGP 2.45 Billion Facility to Keep June on Schedule
A new bridge loan from CIB is earmarked for construction costs at June, SODIC's 280-acre North Coast project, ahead of handovers starting in the second half of 2025.

Egypt's First Nobu Hotel Is Coming to SODIC's Eastown
SODIC has partnered with Rockwell Group to bring Nobu's first Egyptian hotel and restaurant to Eastown District New Cairo, with the restaurant due in autumn 2025 and the hotel in early 2027.

Portugal's Cavalaría Opens Its First International Location at June
Cavalaría, the Michelin-recognized Portuguese dining concept, has opened its first outpost outside Portugal at June, SODIC's North Coast development.

First Homes Handed Over at June — Ahead of Schedule
SODIC has delivered the first 204 homes at June on Egypt's North Coast ahead of schedule, with the Surf Club, Cavalaría and a Tribute Portfolio Hotel by Marriott set to follow.

Ogami Named Master Plan of the Year — What the Award Means for Buyers
SODIC's 440-acre Ogami has won 'Master Plan of the Year' at the 2025 Architecture Leaders Awards, recognition for a plan that reserves 24% of the site for green space.

VYE Delivers First Homes Six Months Early — Here's What's Still to Come
SODIC has handed over the first 108+ units at VYE in New Zayed six months ahead of schedule, with 1,783 units due across the project in 2025.

SODIC Partners with AUC's Innovation Hub on Real Estate Tech
SODIC has partnered with the AUC Innovation Hub to work on sustainability and proptech, building on initiatives like its Sakneen sales platform and recycled-plastic Tile Green product.