Categories: Real Estate News

CIB partially finances SODIC’s EDNC with 1 Billion EGP

SODIC has signed a facility with the Commercial International Bank (CIB) for a total amount of EGP 1bn to partially finance the investment cost of Eastown District New Cairo (EDNC), SODIC’s first non-residential project in East Cairo.

EDNC is the commercial subsection of Eastown. Located directly on road 90, and adjacent to the American University in Cairo (AUC), EDNC brings 90,000 sqm of commercial and retail area to the New Cairo project. It will be the cornerstone of SODIC’s recurring success catered towards the East.

If you wish to know more about what’s available in the real estate market, you can visit us on our website Nawy and take a look at our wide selection of exclusive properties.

Amany Morad

Amany Morad is a Senior SEO Specialist at www.nawy.com. With a background in hospitality, theater, and real estate; Amany enjoys writing about interesting topics. When she's not working, you'll probably find her scuba diving, acting, or travelling. Read more of her latest articles on https://www.nawy.com/blog

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