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Aldar Properties

SODIC moves away from MNHD acquisition plan and looks to alternatives

In a separate interview with Al Arabiya, Sherif mentioned that Aldar Properties, which owns the majority stake of SODIC, has a strategy to expand in Egypt that includes new acquisitions

Aldar Properties to boost investment in Egypt and UAE by $1.5B | CEO

“We are in a number of discussions with various parties about expanding our land portfolio,” according to Al Dhiyebi

FRA accepts Aldar Properties’ offer for majority stake of SODIC

Aldar aims to purchase 90% of SODIC’s shares, around 320.6 million shares, at a price of EGP 20 per share, totaling at around EGP 6.4 billion