Established in 1996, SODIC is a mixed-use developer with a land bank of more than 17 million square meters across three geographies in Egypt, delivering more than 13,000 units from its establishment to September 2023. In May 2023, SODIC acquired 180 acres south of the Caesar Island. In July 2023, it signed a revenue share deal to develop 440 acres on the North Coast. In March 2024, SODIC approved the sale of 100% of its subsidiary, SODIC Securitization, to Belton Financial Holdings Company. Aldar Properties and ADQ own 85.52% of SODIC as of March 2024.