Latest news with #AymanAmer
Arabian Business
06-08-2025
- Business
- Arabian Business
Nobu makes Egypt debut with North Coast opening at SODIC's Ogami
SODIC has officially opened Nobu North Coast at Ogami, bringing the globally recognised Japanese lifestyle and hospitality brand to Egypt for the first time. The launch marks the start of a broader collaboration between SODIC and Nobu, with plans for hotels and residences across key developments in the country. Nobu North Coast debuts in Egypt Located in SODIC's signature 440-acre coastal development Ogami, Nobu North Coast delivers the brand's hallmark Japanese cuisine, design, and beachside ambience to one of Egypt's most popular summer destinations. The new venue features Nobu's internationally celebrated dishes alongside creations exclusive to the Egyptian location. View this post on Instagram A post shared by Nobu North Coast Egypt (@nobunorthcoast) Designed by Rockwell Group, the restaurant draws on Nobu's signature design elements, combining natural textures, light woods, and geometric accents in a setting that balances Japanese minimalism with Mediterranean influences. 'This partnership reflects our commitment to curating world-class experiences and introducing global icons to Egypt in a way that feels both thoughtful and distinctly local,' said Ayman Amer, General Manager of SODIC. 'Nobu is not just a restaurant; it encapsulates everything OGAMI stands for: intentional design, elevated hospitality, and a bold new standard for coastal living.' Nobu North Coast will host a programme of curated events and cultural experiences throughout the summer. The opening is the first phase of a larger rollout at Ogami, which recently won 'Master Plan of the Year' at the 2025 Architecture Leaders Awards by Design Middle East. Following the restaurant's debut, SODIC plans to launch Nobu Residences, with a Nobu Hotel to follow. The company said its long-term partnership with Nobu will extend to other developments, including The Estates and Eastown District New Cairo (EDNC), reinforcing its aim to redefine luxury living across Egypt.
Zawya
17-06-2025
- Business
- Zawya
Egypt's SODIC begins early delivery of VYE residential project in New Zayed
Egyptian developer SODIC announced on Tuesday that it has commenced early handovers of units at VYE, its flagship residential development in New Zayed. The 108 units being delivered in June forms part of over 1,700 units scheduled for delivery throughout 2025, the EGX-listed developer said in a press statement. VYE is positioned as a next-generation, sustainable community and is home to the largest solar-powered residential project in Africa and the second largest in the Middle East. 'Delivering VYE ahead of schedule is more than just a construction milestone; it reflects our unwavering commitment to our clients,' said Ayman Amer, General Manager at SODIC. Life style amenities scheduled for delivery include the VYE Town Centre (early 2026), the Karmell Hub (mid-2026), and a community clubhouse set for completion by end-2027. SODIC is majority-owned by the Abu Dhabi-based consortium of Aldar and ADQ with Aldar being the controlling investor (70 percent) in the consortium. (Writing by Marwa Abo Almajd; Editing by Anoop Menon) (
Zawya
17-06-2025
- Business
- Zawya
SODIC delivers VYE six months ahead of schedule
Cairo, Egypt – SODIC, Egypt's leading real estate developer, proudly announces the early delivery of VYE, its pioneering next-generation development in New Zayed. This milestone comes in line with SODIC's stellar reputation for timely and ahead of schedule delivery, which the developer has maintained for almost three decades. Designed around the pillars of innovation, sustainability, and technology-driven living, VYE is home to the largest solar-powered residential project in Africa and the second largest in the Middle East, setting a new benchmark for future-ready living. With over 108 units scheduled for handover this month, contributing to a total of 1,783 units set for delivery throughout 2025. Ayman Amer, SODIC's General Manager commented stated: 'Delivering VYE ahead of schedule is more than just a construction milestone; it reflects our unwavering commitment to our clients. We are proud to deliver the first homes in New Zayed, with VYE being exemplary for how sustainable, technology-enabled communities can be delivered with precision and purpose. This early delivery reaffirms our focus on execution, quality, and delivering real value to our customers.' Master-planned by internationally acclaimed architects, VYE is thoughtfully designed to offer a seamless, integrated living experience. The community is set to expand with key lifestyle amenities including the VYE Town Center, scheduled for completion early 2026, the Karmell Hub mid-2026, and a fully equipped community clubhouse by the end of 2027. Strategically located in the heart of New Zayed, one of Egypt's fastest-growing destinations, VYE offers direct access to major highways and is just minutes away from Sphinx International Airport, making it not only a home but a smart, connected lifestyle choice.
Zawya
13-05-2025
- Business
- Zawya
SODIC signs revenue-sharing agreement to develop 1,000 feddans in Egypt's New Sphinx City
Egypt - Sixth of October for Development and Investment Company (SODIC) has signed a revenue-sharing agreement with Rula for Land Reclamation to develop a 1,000-feddan land plot in New Sphinx City, located in West Cairo. The strategically situated plot lies at Kilometer 54 in New Sphinx City, just 15 minutes from SODIC West, the company's flagship mixed-use development in the area. The project planned for the site is expected to generate over EGP 353bn in sales. Under the terms of the agreement, Rula will receive a 21% share of the project's revenues, with the remaining 79% allocated to SODIC. Commenting on the deal, Ayman Amer, SODIC's General Manager, stated: 'The 1,000-feddan plot is an exciting addition to SODIC's portfolio in West Cairo, a market where SODIC has always held a strong fort as a distinguished developer of upscale homes. The newly acquired plot has doubled SODIC's undeveloped land bank from 4 million sqm to over 8 million sqm.' The agreement reinforces SODIC's position as a key player in the West Cairo real estate market and underscores the company's strategy to expand its land portfolio in high-growth areas.
Daily News Egypt
13-05-2025
- Business
- Daily News Egypt
SODIC signs revenue-sharing agreement to develop 1,000 feddans in New Sphinx City
Sixth of October for Development and Investment Company (SODIC) has signed a revenue-sharing agreement with Rula for Land Reclamation to develop a 1,000-feddan land plot in New Sphinx City, located in West Cairo. The strategically situated plot lies at Kilometer 54 in New Sphinx City, just 15 minutes from SODIC West, the company's flagship mixed-use development in the area. The project planned for the site is expected to generate over EGP 353bn in sales. Under the terms of the agreement, Rula will receive a 21% share of the project's revenues, with the remaining 79% allocated to SODIC. Commenting on the deal, Ayman Amer, SODIC's General Manager, stated: 'The 1,000-feddan plot is an exciting addition to SODIC's portfolio in West Cairo, a market where SODIC has always held a strong fort as a distinguished developer of upscale homes. The newly acquired plot has doubled SODIC's undeveloped land bank from 4 million sqm to over 8 million sqm.' The agreement reinforces SODIC's position as a key player in the West Cairo real estate market and underscores the company's strategy to expand its land portfolio in high-growth areas.
