36. Six of October Development & Investment Company (SODIC)
Sector: Real Estate & Construction
General Manager: Ayman Amer
Market Value: $193 million
Sales: $252 million
Profits: $17 million
Assets: $982 million
SODIC is a mixed-use developer with a land bank of 16 million square meters across three geographies in Egypt. In 2022, SODIC sold 2,873 units, generating gross contracted sales of $688.2 million, an increase of 87% compared to 2021. SODIC's total backlog of unrecognized revenue stood at $1.1 billion as of March 2023. Aldar Properties and ADQ own 85.5% of SODIC.