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

Recent Posts

Hassan Allam: The True Spirit of Entrepreneurship

From Port Said to Cairo to the whole world, Hassan Mohamed Allam's journey is quite…

2 days ago

Primary Or Resale: What’s the Difference & Which is Better

Diving into the real estate market can feel like diving into a sea of options,…

4 days ago

Best Date Places in Cairo: Flavorful Romance & Fanciness

Valentine's Day 2025 is a few days from now. If you have your gift and…

1 week ago

Discover Hacienda Blue Prices (Install Over 10 Years)

Hacienda Blue is one of the recent projects by Palm Hills Developments and it comes…

2 weeks ago

Exploring New Kairo Prices: From Villas to Apartments For Sale

Are you on the hunt for the latest information about New Kairo prices? You’ve come…

2 weeks ago

R7 or R8 at New Capital? Check Compounds, Location & Photos

If you’ve been eyeing Egypt’s New cities and asking which districts are making waves, then…

3 weeks ago