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SODIC secures EGP 7.5bn CIB facility to finance June North Coast project
Egypt real estate brief

SODIC secures EGP 7.5bn CIB facility to finance June North Coast project

Key takeaways
  • SODIC has signed a medium-term facility agreement worth EGP 7.5bn with Commercial International Bank – Egypt (CIB) to finance the development and construction of its June project on the North Coast.
  • The financing forms part of CIB’s strategy to support leading companies and value-added projects through integrated financing solutions that underpin growth and expansion plans […]
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