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SODICSix of October Development and Investment Co. (Egypt)
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"The Estates" will boast circa 500 units of upscale single-family homes ranging from exclusive one-story villas to townhousesand builds on SODIC's success in catering to the luxury housing market in Allegria.
The company is currently installing solar powered parking sheds in its 8,000-sq-m neighbourhood mall, Westown Hub, providing shade for visitors and generating clean energy at the same time, said a statement from Sodic.
The project intended to be developed on the plot is expected to comprise over 5,000 units generating an estimated total sales of circa EGP 43 billion over a period of eight years, and is set to be SODIC's second largest development in West Cairo.
Egypt-based real estate company, Sodic has announced that its headquarters (HQ), located at the Polygon Business Park will be powered by solar energy by 2020.
Soil reaction (pHs): The pHs is generally [greater than or equal to] 8.0 even in normal calcareous arid region irrigated soils while pHs of sodic soils may approach 10.0 as a result of Na2CO3 formation.
Mahmoodabadi M, Yazdanpanah N, Sinobas LR, Pazira E, Neshat A (2013) Reclamation of calcareous saline sodic soil with different amendments (I): redistribution of soluble cations within the soil profile.
The signing comes following a protocol agreement that is already in place between Sodic, Holding Company for Water and Wastewater, Cairo Governorate, the GIZ and under the auspices of The Egyptian Ministry of Housing, Utilities and Urban Development, according to Trade Arabia.
"When building our Video over IP platform, we looked for best-of-breed leading Video Technology providers that would enable us to deploy a superior entertainment experience to our customers and Minerva was always on top of our list," said Hisham Salah, Chief Information Officer at SODIC. "Not only Minerva provided us with the latest Android TV technologies, they also allowed our customers to access an outstanding feature set: Minerva 10 provides scalable, reliable, personalized video services based on Enriched Metadata, Recommendations, Trending, Advanced Analytics, Voice Recognition, Artificial Intelligence and leverages the power of the Cloud.
Flamingo is an all-in-one modular solution that captures TV and radio signals from various sources such as satellite, DTT, cable, fibre and HDMI, to stream video content directly to Sodic West homes.
Therefore, there were big variations in ESP values due to salt accumulation before the start of the leaching treatment; this is a normal heterogeneity of saline sodic soil matrix in such an arid environment.
When SODIC announced its capital raising plans in June, it said it would raise about 1 billion pounds over 250 million shares, suggesting a discount of almost 90 percent on its share price of around 34 pounds at the time.
Sodic, Egypt's third-largest listed property developer, has completed a 1 billion pound ($139 million) capital increase to help finance new projects as the country's real estate market begins to recover.