Six of October Development and Investment (SODIC) News - Mubasher Info
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19 January 05:02 AM

Six of October Development and Investment (OCDI)

Last update: 18 January 02:28 PM market time.
17.57
0.42
2.45%
Open 17.15
Previous Close 17.15
High 17.64
Low 17.16
Stock Statistics
Volume 157,555
Turnover 2,741,544.75
All data are 15 minutes late during market session

News

Photo Archive
26 October 2025 06:31 PM SODIC logs higher consolidated net profits at EGP 2.3bn in 9M-25
Cairo - Mubasher: Six of October Development and Investment (SODIC) reported EGP 2.35 billion in consolidated net profits as of 30 September 2025, an annual leap from EGP 941.67 million. Operating revenues surged to EGP 10.62 billion in the first …
Financial Results
Photo Archive
13 October 2025 02:44 PM SODIC, MIDAR team up for EGP 110bn development project
Cairo - Mubasher: Sixth of October Development and Investment Company (SODIC) has signed an EGP 110 billion revenue share agreement with MIDAR for Investment and Urban Development. The agreement aims to develop a fully integrated residential …
Companies Investments
Photo Archive
24 July 2025 09:44 AM SODIC generates EGP 1.3bn consolidated profits in H1-25
Cairo – Mubasher: Six of October Development and Investment (SODIC) posted 107% year-on-year (YoY) higher net profits after tax at EGP 1.30 billion in the first half (H1) of 2025, according to the financial results. The registered net profits were …
Financial Results
Photo Archive
29 April 2025 09:36 AM SODIC’s net profits leap 143% in Q1-25; revenues cross EGP 2.7bn
Cairo – Mubasher: Six of October Development and Investment (SODIC) registered 143% higher consolidated net profits after tax at EGP 953.31 million in the first quarter (Q1) of 2025. The generated net profits were compared to EGP 392.05 million in …
Real estate
Photo Archive
10 February 2025 00:05 PM SODIC records EGP 2.5bn net profits in 2024
Cairo – Mubasher: Six of October Development and Investment (SODIC) logged net profit after tax and non-controlling interests valued at EGP 2.53 billion in 2024, marking an 84% year-on-year (YoY) leap. The company sold 1,270 units sold last, …
Real estate
Photo Archive
30 October 2024 09:58 AM SODIC records higher consolidated profits in 9M-24; sales cross EGP 4.7bn
Cairo – Mubasher: Six of October Development and Investment (SODIC) generated higher consolidated net profits after tax at EGP 941.67 million in the first nine months (9M) of 2024. The recorded net profits were compared with EGP 557.05 million in …
Real estate
Photo Archive
10 September 2024 03:22 PM SODIC obtains EGP 4.1bn facility from Banque Misr, CIB
Cairo – Mubasher: Six of October Development and Investment (SODIC) has announced a long-term syndicated facility with the amount of EGP 4.14 billion with Banque Misr and the Commercial International Bank-Egypt (CIB). SODIC will use the loan to …
Banking and Finance
Photo Archive
28 July 2024 02:11 PM SODIC’s consolidated profit nears EGP 630m in H1-24
Cairo – Mubasher: Six of October Development and Investment (SODIC) logged a consolidated net profit of EGP 629.56 million in the first half (H1) of 2024, up from EGP 341.71 million in H1-23. Total real estate revenues rose to EGP 3.51 billion in …
Real estate
Photo Gallery
12 June 2024 09:57 AM SODIC inks deal With Marriott International for two Egypt hotels
Cairo – Mubasher: Six of October Development and Investment (SODIC) has signed an agreement with Marriott International to bring the latter's Tribute Portfolio brand to two upcoming hotels. The first property, with 170 rooms, will be located …
Companies Investments
Photo Archive
28 April 2024 11:54 AM SODIC’s consolidated profit hits EGP 392m in Q1-24
Cairo – Mubasher: Six of October Development and Investment (SODIC) posted a consolidated net profit after tax of EGP 392.05 million in the first quarter (Q1) of 2024, up from EGP 191.02 million in the same quarter of the previous year. Total …
Real estate
Photo Archive
7 February 2024 11:49 AM SODIC posts 164% higher consolidated profits in 2023
Cairo – Mubasher: Six of October Development and Investment (SODIC) registered net profits after tax and non-controlling interest valued at EGP 1.37 billion in 2023, an annual leap of 164% from EGP 520.05 million. Total revenues amounted to EGP …
Real estate
Photo Gallery
21 November 2023 02:53 PM SODIC, Infinity to implement EV charging station network
Cairo – Mubasher: The Six of October Development and Investment (SODIC) penned a global agreement with Infinity, Egypt's renewable energy and electric vehicle (EV) charging provider. The deal covers the establishment of a comprehensive EV charging …
Companies Investments
Photo Archive
30 October 2023 02:37 PM SODIC delivers positive performance in 9M-23; gross contracted sales hit EGP 19.8bn
Cairo – Mubasher: The consolidated net profits attributable to the shareholders of the Six of October Development and Investment (SODIC) hit EGP 547.57 million in the first nine months (9M) of 2023. The generated net profits were up year-on-year …
Real estate
Photo Archive
1 October 2023 03:19 PM Beltone’s shareholders approve sale deal with SODIC’s unit
Cairo – Mubasher: Beltone Financial Holding obtained the approval of its shareholders to buy an administrative building from the Six of October Development and Investment (SODIC). Belton will ink the EGP 1.11 billion purchase deal with the Sixth …
Companies Investments
Photo Archive
3 September 2023 02:38 PM Aldar unveils SODIC’s expansion plans in Egypt
Cairo – Mubasher: Aldar Properties-backed Six of October Development and Investment (SODIC) plans to expand the Nobu brand in Egypt, according to a press release. SODIC will establish two hotels, branded residences, and a restaurant across two of …
Companies Investments
Photo Archive
31 July 2023 00:47 PM SODIC registers nearly EGP 342m consolidated profits in H1-23
Cairo – Mubasher: Six of October Development and Investment (SODIC) posted consolidated net profits after tax worth EGP 341.71 million in the first half (H1) of 2023. The recorded profits were higher than EGP 295.71 million in H1-22, including …
Financial Results
Photo Archive
16 July 2023 03:02 PM SODIC unveils EGP 1.11bn sale deal with Beltone
Cairo – Mubasher: The ordinary general meeting (OGM) of Six of October Development and Investment Company (SODIC) agreed to sell EDNC Building No 1 at Eastown Project in New Cairo at a value of EGP 1.11 billion. Development and Real Estate …
Companies Investments
Photo Archive
12 July 2023 11:18 AM SODIC eyes EGP 80bn sales from new development project
Cairo – Mubasher: Six of October Development and Investment Company (SODIC) signed a revenue-sharing agreement to develop a residential tourism project on the North Coast. SODIC highlighted that the project’s contracted sales are expected to reach …
Companies Investments
Photo Archive
3 May 2023 09:48 AM SODIC posts lower consolidated profits in Q1-23 initial financials
Cairo – Mubasher: Six of October Development and Investment Company (SODIC) registered EGP 187.31 million in consolidated net profit attributable to the owners during the first quarter (Q1) of 2023, an annual drop from EGP 226.23 million. Earnings …
Financial Results
Photo Archive
12 February 2023 11:33 AM SODIC logs EGP 525m consolidated profits in 2022; contracted sales hike 87%
Cairo – Mubasher: Six of October Development and Investment Company (SODIC) achieved consolidated net profits after tax worth EGP 525.15 million in 2022, down from EGP 865.10 million in 2021, including non-controlling equity. Revenues hit EGP 7.81 …
Financial Results
Photo Archive
23 January 2023 11:06 AM SODIC’s unit inks EGP 2.75bn facility with AAIB
Cairo – Mubasher: Al Yosr for Projects and Real Estate Development, a fully-owned subsidiary of Six of October Development and Investment (SODIC), signed a medium-term facility of EGP 2.75 billion with the Arab African International Bank (AAIB). …
Real estate
Photo Archive
27 October 2022 04:08 PM SODIC’s consolidated profits leap to EGP 439m in 9M-22
Cairo – Mubasher: The consolidated net profits after tax of Six of October Development and Investment (SODIC) increased to EGP 438.74 million in the first nine months (9M) of 2022, versus EGP 346.95 million in 9M-21, including minority …
Financial Results
Photo Archive
27 October 2022 02:15 PM SODIC generates EGP 11.8bn in gross contracted sales during 9M-22
Cairo – Mubasher: Six of October Development and Investment (SODIC) has sold 1,735 units during the first nine months (9M) of 2022, generating EGP 11.80 billion in gross contracted sales, up 119% from EGP 5.39 billion in the year-ago period.   …
Financial Results
Photo Archive
25 October 2022 10:26 AM Orascom Development Egypt to hire advisors to evaluate SODIC's offer to acquire unit
Cairo – Mubasher: The board of directors of Orascom Development Egypt (ODE) met on Monday, 24 October to discuss the non-binding offer submitted by Six of October Development and Investment (SODIC) to acquire 100% of Orascom Real Estate.  The …
Companies Investments
Photo Archive
22 September 2022 10:05 AM Aldar Properties eyes new acquisitions in Egypt
Cairo – Mubasher: Aldar Properties has a strategy to expand in Egypt that includes new acquisitions after failing to acquire Madinet Nasr Housing and Development (MNHD), CEO of Six of October Development and Investment (SODIC), Magued Sherif, told …
Macroeconomics