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ADIB achieves AA ESG rating upgrade from MSCI

ADIB, Aldar Properties close AED 1 billion sustainability-linked financing deal

The transaction underscores both entities’ commitment to supporting environmentally beneficial projects aligned with the UAE Net Zero by 2050 strategic initiative
SODIC continues to maintain a strong liquidity position

Egypt’s SODIC posts EGP 187 million in Q1 profit

The Egyptian developer’s revenues jumped 26% to EGP 1.50 billion in the quarter from EGP 1.20 billion in Q1 2022

Abu Dhabi-owned SODIC seeks to acquire Orascom Real Estate for $125 million

Egyptian property giant Sixth of October for Development and Investment Company (SODIC) has submitted a non-binding offer to fully acquire Orascom Real Estate for...

Egyptian property firm MNHD asks SODIC to bump up takeover offer

Egyptian property developer Madinet Nasr for Housing and Development’s (MNHD) board has rejected a takeover bid by its rival Sixth of October for Development...