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About SODIC
Building on a history of almost two decades of successful operations in Egypt, SODIC is one of the country's leading real estate development companies. Headquartered in Cairo and listed on the Egyptian stock exchange, SODIC brings to the market award-winning large scale developments, meeting Egypt’s ever growing need for high quality housing, commercial and retail spaces. We pride ourselves on our passion for excellence and commitment to fostering long-term relationships with our clients, shareholders, business partners and employees, which has helped us grow to the corporation we are today.
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NEWS & DISCLOSURES
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Share information
Historical Stock Quote
Open
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Volume
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Dividends
COUPON NO.1
Dividend Value
EGP 4
Type
Cash
Ex-Div Date
09/05/2011
Payment Date
12/05/2011
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Analyst Coverage
Arqaam Capital
Emad El-Hage
Beltone
Adham Hesham
Blom Bank
Malak Hawa
CI Capital
Jan P. Hasman
Deutsche Bank
Athmane Benzerroug
EFG Hermes
Mai Attia
HC
Nemat Choucri
HSBC
Patrick Gaffney
JP Morgan
Muneeza Hasan
Prime Holding
Mohamed Marie
Pharos Holding
Mayar El Ashry
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Corporate Governance
Governance Overview
SODIC is committed to sound principles of corporate governance, high ethical conduct and good corporate citizenship. We firmly believe that there is a real connection between these principles and our performance as a company, and that shareholder value is enhanced by our commitment to and practice of these principles.
This section of our website is intended to provide insight about, among other things, our management team and board of directors, and the composition and responsibilities of our board and its committees.
Board Of Directors
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Hani Sarie El Din
Chairman (Non-Executive)
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Hani Sarie El Din
Chairman (Non-Executive)
Dr. Hani Sarie El Din is a prominent legal practitioner in Egypt and the Middle East with over 25 years of experience in corporate, banking, and capital market. In addition to his private professional career, Dr. Sarie El Din has served in executive and non-executive public positions including, Chairman of Capital Market Authority, Board Member of the Central Bank of Egypt, General Authority for Investment, and the first official US-Egyptian Fund to promote investment in Egypt. Dr. Sarie El Din holds a Ph.D. in International Business Law from Queen Mary and Westfield College, University of London.
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Magued Sherif
Board Member (Executive)
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Magued Sherif
Board Member (Executive)
Magued Sherif is SODIC’s Managing Director, appointed September 2015. Sherif enjoys almost 30 years of professional experience, including several leadership positions with prominent companies in the industry. Past positions include Egypt Country Head and Properties Chief Executive Officer at Majid Al Futtaim Properties Egypt as well as General Manager and Senior Vice President at Palm Hills Developments for a 10-year period starting from the company’s inception. More recently Sherif was Chief Executive Officer and Managing Director at Hyde Park Properties for Development from 2012-14. Sherif was most recently the co-founder and managing director of The Venturers LLC in Orlando, Florida, as well as the co-founder of AA Investments LLC, Orlando. Earlier in his career Sherif worked as the Head of Privatization Unit at Arthur Anderson, in addition to spending 7 years at Bechtel Egypt and Bechtel Limited. He began his career as a Site Engineer with Orascom Construction Industries in 1986. Sherif holds a Bachelor’s degree in Architecture from Cairo University, Egypt, in addition to an MBA from the American University in Cairo.
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Walid Abanamay
Board Member (Non-Executive)
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Walid Abanamay
Board Member (Non-Executive)
Dr. Walid Sulaiman Abanamay has been the Managing Director of Al-Mareefa Al –Saudia Company since 1997. Prior to this, he served in the Treasury and Corporate Banking Departments of SAMBA Financial Group. Dr. Abanamay has been serving the Board of Directors of several listed companies, private equity and equity funds including, Joussour, Beltone Financial, UGIC, Mena Capital Fund and GB Auto. He also served in the Boards of SAFCO, Nasr City, Al-Inmaia, Al Raya Holdings and Al Masafi. Dr. Abanamay holds a B.Sc. degree in Computer Science from Southern Illinois University, a Master’s degree in Management Information Systems from the University of Illinois and a Ph.D. in Business Administration majoring in Finance from Southern Illinois University.
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Sabah Barakat
Board Member (Non-Executive)
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Sabah Barakat
Board Member (Non-Executive)
Sabah Taysir Barakat is the Vice President of Olayan Financing Company, based in Riyadh, and is responsible for overseeing a portfolio of wholly owned and joint venture companies in the fields of energy, construction, and real estate development. From 2003-2008, Barakat was Vice President of Bechtel Group. From 1998-2003, Barakat was the Regional Vice President of National Grid Plc. From 1986-1998, Sabah worked for the Costain Group Plc., a leading international contracting firm, specialising in infrastructure, energy, and building construction. Barakat graduated in 1986 with an Engineering degree from London University as a Chartered Engineer, and a member of the UK’s Institute of Civil Engineers. Barakat holds an MBA in Engineering Management and is a member of the UK’s Chartered Institute of Management.
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Yezan Haddadin
Board Member (Non-Executive)
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Yezan Haddadin
Board Member (Non-Executive)
Yezan Haddadin is currently the Chief Investment Officer of the Capital Bank Group, a financial services group with operations in Jordan, Iraq and UAE. Haddadin has over 15 years of investment and investment banking experience. In 2013, he co-founded HCH Partners, a private equity investment company focused on East Africa, where he currently serves on the Board and is a member of the investment committee. Prior to that, Haddadin acted as Advisor at Ripplewood Holdings LLC., following his post of Managing Director at Perella Weinberg in New York from 2007 to 2012 and his work with JPMorgan's M&A group in New York from 2000 to 2007. Haddadin received a Bachelor of Science degree from Georgetown's School of Foreign Service and a Juris Doctor from Northwestern University School of Law. He was admitted to the New York bar and is a licensed pilot. Throughout his career, Haddadin has developed an extensive experience across a range of industries and advised on approximately $100 billion in M&A transactions in North America, Latin America, Europe, the Middle East and Africa.
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Omar El Hamawy
Board Member (Executive)
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Omar El Hamawy
Board Member (Executive)
Omar Elhamawy is the Chief Financial Officer of SODIC, as well as, the Managing Director of SODIC’s fully owned company SOREAL for Real Estate Investment. Since joining SODIC in May 2013, Elhamawy has overseen the successful completion of SODIC’s EGP 1 billion capital increase, as well as, the signing of several medium term facilities. Prior to joining SODIC, Elhamawy spent eight years as a Director within Beltone’s Investment Banking Division, where he highly focused on the real estate sector through his close involvement in both M&A and Capital Market transactions. His most notable transactions include advising Mena for Touristic and Real Estate Investments on a capital increase, advising Beltone Private Equity on the tender offer and acquisition of Nasr City Housing and Development, and advising Amer Group on its IPO, among many others. Elhamawy holds a bachelor’s degree of Business Administration from the American University in Cairo and is a CFA Charterholder.
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Omar Salah Bassiouny
Board Member (Non-Executive)
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Omar Salah Bassiouny
Board Member (Non-Executive)
Omar S. Bassiouny is the co-founder and Executive Partner of Matouk Bassiouny and the head of the company’s Corporate and M&A group. Bassiouny has a strong track record in the areas of corporate law and mergers and acquisitions, most recently representing Emirates NBD on the acquisition of BNP Paribas S.A.E. and representing Abraaj in the acquisition of Al Mokhtabar in 2012. Bassiouny is a prominent member of several chambers of commerce and business associations including the American Chamber of Commerce, the Egyptian Malaysian Business Council and the British Egyptian Business Association. Bassiouny’s achievements have been recognised with numerous awards such as Leading Lawyer in Mergers & Acquisitions in Egypt in 2014 by IFLR 1000 and leading lawyer in Egypt in 2013 by Chambers & Partners. Bassiouny received a B.A in Public and International Law from the American University Cairo and a Licence en Droit from the faculty of Law at Cairo University.
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Hussein Choucri
Board Member (Non-Executive)
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Hussein Choucri
Board Member (Non-Executive)
Hussein Choucri is the Chairman and Managing Director of HC Securities & Investment. Choucri is also a Board Member of the Holding Company for Tourism and Cinema (HOTAC), Edita Food Industries, Integrated Diagnostics Holdings (IDH), and the Egyptian British Business Council (EBBC). In addition, Choucri is the Chairman of the Board of Trustees of Shefaa Charity Foundation. Choucri held the position of Managing Director at Morgan Stanley, New York from 1987 to 1993, before serving as an Advisory Director until December 2007 where he was responsible for business activities in the emerging markets of the Middle East and the Indian Subcontinent as well as taking part in a number of privatization projects in Turkey, India and Argentina. Prior to joining Morgan Stanley, Choucri worked with Abu Dhabi Investment Company and participated in arranging several Euroloan and Eurobond financings for sovereigns and private sector companies. Choukri received a Management Diploma from the American University in Cairo and a B.A. from the Faculty of Commerce, Ain Shams University.
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Hisham El-Khazindar
Board Member (Non-Executive)
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Hisham El-Khazindar
Board Member (Non-Executive)
Hisham El-Khazindar is the Managing Director and Co-Founder of Qalaa Holdings. El-Khazindar also serves on the board of several leading regional companies including El Sewedy Electric and Magrabi Retail, and on the Advisory Committee of the Emerging Markets Private Equity Association. He also serves as a Trustee of the American University in Cairo, a Trustee of the Cairo Children’s Cancer Hospital, and as a Fellow of the Aspen Institute’s Middle East Leadership Initiative. Prior to co-founding Qalaa Holdings in 2004, El-Khazindar held the position of Executive Director of Investment Banking at EFG Hermes where he advised on landmark M&A and IPO transactions in the region. During the period 1999-2000, Al-Khazindar was on secondment to Goldman Sachs in London. El-Khazindar holds a BA in Economics from the American University in Cairo and an MBA from Harvard Business School.
Management
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Magued Sherif
Managing Director
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Magued Sherif
Managing Director
Magued Sherif is SODIC’s Managing Director, appointed September 2015. Sherif enjoys almost 30 years of professional experience, including several leadership positions with prominent companies in the industry. Past positions include Egypt Country Head and Properties Chief Executive Officer at Majid Al Futtaim Properties Egypt as well as General Manager and Senior Vice President at Palm Hills Developments for a 10-year period starting from the company’s inception. More recently Sherif was Chief Executive Officer and Managing Director at Hyde Park Properties for Development from 2012-14. Sherif was most recently the co-founder and managing director of The Venturers LLC in Orlando, Florida, as well as the co-founder of AA Investments LLC, Orlando. Earlier in his career Sherif worked as the Head of Privatization Unit at Arthur Anderson, in addition to spending 7 years at Bechtel Egypt and Bechtel Limited. He began his career as a Site Engineer with Orascom Construction Industries in 1986. Sherif holds a Bachelor’s degree in Architecture from Cairo University, Egypt, in addition to an MBA from the American University in Cairo.
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Ahmed Labib
Chief Commercial Officer
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Ahmed Labib
Chief Commercial Officer
Ahmed Labib is the Chief Commercial Officer of SODIC. Labib is responsible for setting and achieving company-wide commercial objectives, as well as, setting and overseeing the execution of SODIC’s marketing strategy. In his capacity, Labib collaborates with the development team, heavily contributing to the creation, positioning and pricing of SODIC’s products. Labib joined SODIC in 2007 as a Sales Manager whose success quickly earned him the title of Sales Director and later Executive Sales Director. His previous experience includes working in the Marketing Department at McDonalds and spending seven years in the Marketing and Consumer Relations Platform at British American Tobacco (BAT) where he held various positions, the last of which was Multiple Category Brand Manager. Alongside his professional experience Labib co-founded several successful ventures in the entertainment industry. Labib holds a bachelor degree in Psychology with a minor in Mass Communication from the American University in Cairo.
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Hatem ElHalwagy
Chief Projects Officer
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Hatem ElHalwagy
Chief Projects Officer
Hatem ElHalwagy is the Chief Projects Officer of SODIC. ElHalwagy joined SODIC in 2006, since then he has been entrusted with managing several of the core departments during different periods. He has also established and set up several support departments aimed at aligning the company’s direction with its mission, including the departments’ recruitment, policies, procedures and systems before handing them over to their selected Directors. His previous experience includes holding the post of Director of Development for Orascom Tourism and Development and Cairo Financial Center, as well as, managing two telecommunication companies. ElHalwagy holds a Master's degree in Finance from the University of Reading, UK, and a bachelors' degree in Construction Engineering from The American University in Cairo.
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Hazem El Tawil
Chief Planning and Compliance Officer
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Hazem El Tawil
Chief Planning and Compliance Officer
Hazem El-Tawil is SODIC’s Chief Planning and Compliance Officer. He is responsible for the planning, technical monitoring and compliance of SODIC’s future, current and delivered projects. In his capacity, El Tawil creates risk-based compliance formulas and protocols for the follow-up and tracking of projects’ progress from different aspects. El Tawil joined SODIC in 1998 as Director of Design and Technical Affairs where he oversaw the creation and the direction of the design process for a number of SODIC’s projects. Prior to joining SODIC, El Tawil worked for the Architecture/Engineering firms of Dewberry and Davis in Raleigh, NC and Skidmore, Owings and Merrill in Chicago, USA for a period of 5 years and later returned to Egypt to join Dar Al-Handasah. El Tawil holds a bachelor of Architectural Engineering degree from Cairo University, as well as, a Master's of Architecture in Urban Design degree from North Carolina State University, NC, USA.
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Omar Elhamawy
Chief Financial Officer
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Omar Elhamawy
Chief Financial Officer
Omar Elhamawy is the Chief Financial Officer of SODIC, as well as, the Managing Director of SODIC’s fully owned company SOREAL for Real Estate Investment. Since joining SODIC in May 2013, Elhamawy has overseen the successful completion of SODIC’s EGP 1 billion capital increase, as well as, the signing of several medium term facilities. Prior to joining SODIC, Elhamawy spent eight years as a Director within Beltone’s Investment Banking Division, where he highly focused on the real estate sector through his close involvement in both M&A and Capital Market transactions. His most notable transactions include advising Mena for Touristic and Real Estate Investments on a capital increase, advising Beltone Private Equity on the tender offer and acquisition of Nasr City Housing and Development, and advising Amer Group on its IPO, among many others. Elhamawy holds a bachelor’s degree of Business Administration from the American University in Cairo and is a CFA Charterholder.
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Mohamed El Garhy
Chief Development Officer
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Mohamed El Garhy
Chief Development Officer
Eng. Mohamed El Garhy is SODIC’s Chief Development Officer, appointed December 2015. El Garhy has 30 years of international experience in real estate, mixed use development and project management, during which, he held several senior executive positions within prestigious real estate investment companies and hospitality groups. El Garhy excelled in managing mega projects for the likes of Palm Hills Development, The Egypt Emirates Malls Group, Accor Group and Dar Al Handasah. Prior to joining SODIC, El Garhy worked as the CTO for Katara Hospitality, managing large portfolios of mixed use multi-billions development projects, where he put his global expertise into use in the development and launch of several market leading properties in Europe, Middle East, Asia and Africa. Mohamed holds a degree in architecture from the Faculty of Fine Arts, Helwan University and he has won numerous awards for special merits throughout his wide career.
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Sherif El-Abd
Chief Business Development and Government Relations Officer
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Sherif El-Abd
Chief Business Development and Government Relations Officer
Sherif El-Abd is SODIC’s Chief Business Development and Government Relations Officer. El-Abd brings over 20 years of diversified experience; where he has contributed to the growth of all the business he was part of; through developing, and managing business strategies as well as incubating new business models as a tool to successful turnarounds. In 1993, El-Abd joined Coca-Cola Atlantic Industries, and throughout his 11 years tenure; he walked a thriving pass of business achievements, holding different positions, highlighting it as Senior General Manager-Kalioub Plant (TCCBCE) from 1999 till 2004. He has been awarded the third quality award for 3 consecutive years for the first time in MENA Division history. On another career high; El-Abd joined Americana Group as Unit General Manager from August 2004 till May 2010. El-Abd underlined his deep industry knowledge through leading the business development from concept to execution, amongst many other functions implementing and developing new business units thought out M&A (merge and acquisitions), turnaround strategies for companies facing business constraints, defining potential growth and integrating various business opportunities. During his most recent five-year tenure in the cotton trading & yarn manufacturing business (May 2010 to October 2015), as the MD of Almatex, a subsidiary of Alkan Group of Companies – one of Egypt’s leading business conglomerates with presence in the ME, Europe & USA– El-Abd had managed to play the lead in the Egyptian market, accomplishing a major turnaround in the company strategy, implementing systems & procedures enabling the highest market penetration reached since the company was established in 1998, especially during the turmoil the country witnessed during this tough political times.
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Hisham Salah
Chief Information Officer
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Hisham Salah
Chief Information Officer
Hisham Salah is the Chief Information Officer of SODIC. Salah has 25 years of professional experience in the areas of information technology and corporate systems including founding the first in-house residential fiber-to-the-home project in Egypt in 2009. Salah’s previous experience includes serving for eight years as Vice President of Technology at Palm Hills Developments, in addition to spending seven years with Microsoft as the Head of Communications sector and later, the Head of Government sector in Egypt, where he was responsible for sales and key strategic initiatives supporting the company’s growth. Before joining Microsoft, he contributed in establishing the Commercial International Life Insurance Company (CIL) as Head of Information Technology. Salah began his career in Commercial International Bank (CIB), where he held various positions in Information Technology and Operations. Salah holds a Master of Science degree in Information Technology from Middlesex University in London.
COMMITTEES OF THE BOARD
Audit Committee
The Audit Committee assists the Board of Directors in fulfilling its responsibility for oversight of the quality and integrity of the accounting, auditing, and reporting practices of the Company, and to fulfil the responsibilities set forth in the Committee Terms of Reference.
Compensation Committee
The Compensation Committee’s role is to discharge the Board’s responsibilities relating to compensation of the Company’s Managing Director, the adoption of policies that govern the Company’s compensation and benefit programmes, and to fulfil the responsibilities set forth in the Committee Terms of Reference.
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Corporate Governance Reports
BOD Reports
BOD Decisions
GENERAL ASSEMBLY
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Media Centre
Take a look at our accomplishments over the years, shown through many mediums – from feature articles to photos of our events and exhibitions. Keep up to date with all our latest news, and watch as we roll up our sleeves and turn our vision into a reality.
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About Sodic
Profile
Building on a history of almost two decades of successful operations in Egypt, SODIC is one of the country's leading real estate development companies. Headquartered in Cairo and listed on the Egyptian stock exchange, SODIC brings to the market award-winning large scale developments, meeting Egypt’s ever growing need for high quality housing, commercial and retail spaces. We pride ourselves on our passion for excellence and commitment to fostering long-term relationships with our clients, shareholders, business partners and employees, which has helped us grow to the corporation we are today.
Mission & Vision
Vision
To transform the way people live and work through encouraging innovation and challenging convention.
Mission
We endeavor to create meticulously planned and designed human developments that redefine the real estate market by constantly pushing the envelope with regards to quality of life, customer satisfaction and return on investment
SODIC Developments
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SODIC West
SODIC West is the largest planned mixed-use development in Egypt's Sheikh Zayed. SODIC West boasts 6,000 residents today and has a catchment area of 60,000 people. Located on Km 38 of the Cairo-Alexandria desert road, SODIC West is made up of several developments interwoven together to create an Egyptian destination like no other.
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Allegria
Allegria is a residential project developed over 2.4 million square metres of land, including beautifully landscaped green areas surrounding a signature 18-hole Greg Norman golf course managed by Troon, the world’s leading golf Management Company. The project contains over 1,250 villas and townhouses which are almost fully delivered and a clubhouse covering 32,000 square metres.
Allegria’s master plan was designed by New York-based firm EDAW, which won an award of merit from the American Society of Landscape Architects (ASLA) for their work on the project, making SODIC the first Egyptian company to receive this award. The project has also received the 2013 Cityscape award for Best Residential Project, the CNBC Arabia Property Awards 2008 recognising Allegria as Best Development and Best Golf Development and a third Arabian Property Award in 2009 for Best Architecture.
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Beverly Hills
Beverly Hills was one of the first ever large scale residential compounds to be developed in Sheikh Zayed City, offering over 2,000 villas and apartments. Beverly Hills is developed over 1.75 million square metres as a mixed-use residential and commercial development and has generated over EGP 1 billion in revenue for the company.
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The Strip
With stores arranged side by side and linked by a walkway, The Strip offers mixed retail shops and personal services over seven zones in a relaxed and contemporary environment. Delivery of The Strip started in 2012.
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Westown
At the heart of SODIC West is Westown, designed as a mixed-use city centre, and bringing together a long list of prestigious architects.
Westown is comprised of 1.2 million square metres of land and has a built up area (BUA) of 1.8 million square metres including an array of residential units, 'Class A' offices, boutiques and retail outlets and hotels.
Westown’s neighbourhoods include Forty West, The Polygon Business Park, Westown Residences, westown Hub and The Courtyards.
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Forty West
Forty West is an exclusive mixed-use development comprised of 119 fully-finished apartments at the highest international standards, offices, boutiques, restaurants, open spaces and a luxurious hotel, all surrounding a 2,500 square metre piazza.
Designed by internationally acclaimed Boston-based Machado and Silvetti Architects, Forty West's residences comprise 119 fully-finished apartments. The spacious interiors are designed by renowned interior designer Eklego who won the ZIMMER + ROHDE INTERIOR CONTRACT AWARDS 2013 in the residential category for their work in Forty West. SODIC began delivering the first of its fully-finished exclusive Forty West apartments in 2013.
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The Polygon
Designed by multiple-award-winning UK-based architects Wilkinson-Eyre, The Polygon consists of 9 ‘Class A’ office buildings. In the middle of this bustling business park will be The Central Building, or the Mountain.
The Polygon offers over 70,000 m2 of state-of-the-art office space, designed to accommodate both smaller and larger businesses.
The Polygon enjoys a prime location in the heart of West Cairo, close to the new Rod El Farag Mehwar, which will directly link Westown to central Cairo. The Polygon has earned SODIC several awards such as the Euromoney award for Best Office/Business Developer in Egypt in 2014, and the Best Future Commercial and Mixed Use Project Award from Cityscape in 2013. Delivery of the Polygon Business Park began in 2013.
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Westown Residences
Westown Residences is Westown’s first gated residential neighbourhood, offering townhouses, twin-houses, city villas, duplexes and apartments with stunning architectural. The residential development is designed around themed gardens, parks, and open green spaces, set in a secure, gated community. The project is developed around the pedestrian Green Spine, which acts as a recreational facility and a gateway to the rest of Westown.
All ten phases launched to date have been almost completely sold out. The delivery of the first phase of Westown Residences began in November 2013, a record breaking two years since launch and a full year ahead of schedule.
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Westown Hub
Westown Hub is home to some of Cairo's finest restaurants and cafés. Set among a pedestrian-friendly, landscaped square and embellished with serene fountains and beautiful greenery.
Designed by leading Egyptian architectural firm, Hassan Abu Seda, the arrangement of five multi-levelled buildings around one central piazza creates a truly unique retail space.
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The Courtyards
Launched in 2014 and located in the heart of Westown, The Courtyards offer a variety of living spaces in buildings arranged around courtyards, offering green views and private parks for all its residents.
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Eastown
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Eastown is strategically located in New Cairo on Road 90, adjacent to The American University in Cairo and just a short drive from Cairo International Airport. With an area of 860,000 square metres, Eastown will provide premium residential, retail and office space all set in a secure, gated community.
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Eastown Residences
Eastown Residences is Eastown’s purely gated residential neighbourhood offering homes overlooking tree-lined streets, parks and courtyards. This gated neighbourhood has its own distinctive charm and character, while providing its residents with contemporary living spaces that are safe, functional, and attractive and within easy reach of urban essentials.
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Kattameya Plaza
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Kattameya Plaza is comprised of 474 apartments, and is strategically located in the heart of New Cairo, five minutes away from Eastown and the American University in Cairo.
Kattameya Plaza is designed and master-planned by ArchGroup - the distinguished firm that designed the Grosvenor House in Dubai, and landscaped by Evergreen. Kattameya Plaza is almost fully delivered.
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Villette
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Villette was launched in December 2014, a mere six months after acquiring the 301 acre plot of land. The project is strategically located in the heart of New Cairo, off Road 90 and was master-planned by the renowned American firm SWA. Villette is made up of several neighbourhoods organised around a village centre offering approximately 2,000 units, ranging from stand-alone villas to apartments. Villette aims to offer residents the benefits of a luxurious suburban development space, outdoor activities and relative tranquillity while at the same time offering a very active and social town centre.
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Caesar
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Located at km 82 on the Alexandria-Matrouh Road, Caesar captures the original essence of the North Coast - the nostalgic meaning of a summer holiday, enjoying life’s simplest pleasures. Caesar will take residents back in time, to the days of Agamy and Montazah, bringing back the simplicity and authenticity of the good old days.
With delivery planned starting 2018 and promising a community of homes built on terraced levels with unobstructed sea views and a beachfront of over 1km, Caesar will offer one of the most exclusive residential communities on the North Coast.
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Corporate Information
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Company Information
Year Founded 1996 Commercial Registeration Number 625 Fiscal Year 01 December : 31 January Law of Governance Law No. 159 of 1981 Legal Form of Company Egyptian Joint Stock Company (S.A.E) Auditor Name KPMG Hazem Hassan Auditor Contact Pyramids Heights, km 22 Cairo Alex Desert Rd., Giza Purpose of Company • The acquisition of land for the purpose of extending it with utilities, developing it for construction and sub-dividing and selling land plots
• Turnkey construction and contracting work and complementary business activities
• The urban planning and development of land in adherence with modern construction standards
• The construction, sale and rental of diverse types of real estate unitsHeadquarters SODIC
Km.38 Cairo-Alexandria Desert Road Sheikh Zayed City, Giza, Egypt P.O Box: 119 Sheikh Zayed
Phone:+202 3854 0100/200
Fax: +202 3857 0060
Email: ir@sodic.comSales Centres Sixth of October City Km.38 Cairo –Alexandria Desert Road, Sheikh Zayed
Tel: 16220Zamalek 3 Abou El Feda Street, 6th floor Abou El Feda Commercial Tower
Tel: +202 2737-6010Heliopolis 46 El Thawra Street
Tel: +202 2290-3491/2290-3597 -
Subsidiaries
SODIC Garden City for Development and Investment Co. - S.A.E Egypt Beverly Hills for Management of Cities and Resorts Co. - S.A.E Egypt Sixth of October for Development and Real Estate Projects Company “SOREAL” - S.A.E Egypt El Yosr for Projects and Agriculture Development Co. - S.A.E Egypt SODIC for Development and Real Estate Investment Co. - S.A.E Egypt SODIC Polygon for Real Estate Investment Co. - S.A.E Egypt SODIC for Golf and Tourist Development Co. - S.A.E Egypt Fourteen for Real Estate Investment Co. - S.A.E Egypt La Maison for Real Estate Investment Co. - S.A.E Egypt Tegara for Trading Centers Co. - S.A.E Egypt Edara for Services of Cities and Resorts Co. - S.A.E Egypt Tabrook Development Company - S.A.E Egypt Soreal for Real Estate Investment - S.A.E. Egypt Sodic for Securitization - S.A.E. Egypt SODIC Syria L.L.C (C) Syria
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Corporate Social Responsibility
Our commitment to our Corporate Social Responsibility projects stems from our true belief that running a company is about more than just commercial success, but about conducting responsible business and achieving social benefit. Our contribution does not stop at funding projects, we take pride in our involvement in the everyday happenings on the ground, with an objective of integration and eventual sustainability.
It is our responsibility as a developer to play a role in the effective human development of Egypt’s impoverished communities. We ensure our projects offer their beneficiaries a real chance at an improved quality of life and the hope of a better future.
Our CSR programmes impact over 5,000 families every year with a focus on youth and women empowerment, early childhood education and schooling, home rehabilitation and culture and arts programmes.
Know more... CSR Brochure -
IR Contacts
Heba Makhlouf
Head of Investor Relations
(+202) 3854 0100/200
hmakhlouf@sodic.comSODIC
Km. 38 Cairo-Alexandria Desert Road,
Sheikh Zayed City, Giza, Egypt
P.O. Box 119 Sheikh Zayed
ir@sodic.com
www.sodic.com
