The launch marks the start of a broader collaboration between SODIC and Nobu, with plans for hotels and residences across key developments in the country
SODIC
Latest in SODIC
Abu Dhabi
Abu Dhabi’s Aldar reports 27 percent net profit growth in Q1 2022 following Egyptian acquisition
Property developer’s first-quarter group sales stood at $598.9m, driven by continued momentum in the capital’s real estate market
Abu Dhabi
Abu Dhabi consortium completes $386m deal for Egyptian construction giant
Aldar Properties and ADQ announce completion of the acquisition of 85.52% of The Sixth of October for Development and Investment
Abu Dhabi
Abu Dhabi’s Aldar, ADQ to take over Egyptian developer SODIC
Consortium set to buy over 85% stake in developer with plans to grow company at home and in overseas markets
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ADQ
Abu Dhabi consortium seeks takeover of Egyptian construction giant
Aldar Properties and ADQ has submitted an all-cash mandatory tender offer for up to 90% of SODIC
Abu Dhabi real estate
Abu Dhabi’s Aldar considering more deals in Egypt real estate
Earlier this year, Aldar submitted a preliminary non-binding offer to buy a minimum 51 percent stake in Sodic in a deal that values the Egyptian company at about $420 million
Aldar Properties
Aldar offers to buy stake in Egypt’s Sodic; shares climb
Aldar, which primarily operates in Abu Dhabi, has been looking to expand abroad
