Egypt - Tabrok for Development Co., a fully owned subsidiary of SODIC, has signed a bridge facility agreement with the Commercial International Bank (CIB) for EGP 2.45 billion, as per a disclosure.

2014 witnessed Ripplewood Holding acquiring a 9.4% stake in SODIC, sending a strong signal of confidence in the Egyptian real estate market and SODIC's future prospects. SODIC's EGP 1 billion rights ...