
30. Sixth of October Development and Investment Company (SODIC)
Sector: Real Estate & Construction
General Manager: Ayman Amer
Market Value: $439 million
Sales: $191 million
Profits: $50 million
Assets: $1.1 billion
SODIC developed a diverse portfolio of mixed-use communities in West Cairo, East Cairo, and the North Coast. In 2024, it generated gross contracted sales of $994 million—a 66% increase compared to 2023—and sold 1,270 units. SODIC’s total backlog of unrecognized revenue stood at $1.7 billion as of March 2025. In September 2024, it launched its Japanese-inspired coastal project, Ogami, spanning 440 acres in Ras El Hekma. The company’s net profit jumped by 84% in 2024. Aldar Properties and ADQ own 85.5% of SODIC.