SODIC and AAIB sign partnership agreement to provide e-payment solutions

ArabFinance: Six of October Development and Investment (SODIC) has signed a partnership agreement with Arab African International Bank (AAIB) to provide its clients with e-payments solutions accessed through the developer’s website, according to SODIC's statement released on December 20th.

The agreement entails that AAIB provides a payment gateway that allows clients an e-payment option for their home installments and any other payments against services or products offered by SODIC, ensuring a convenient, safe and secure payment alternative.

Earlier in the year SOREAL For Real Estate Investment, SODIC’s fully owned subsidiary, signed a medium-term facility package in the amount of EGP 2.57 billion with AAIB to finance the development of SODIC’s signature project “Villette” in New Cairo.

SODIC and Mobica the office furniture manufacturer are partnering to introduce a new office solution.

Established in 1996 and listed on EGX in 1998, SODIC operates within the real estate sector, focusing on development projects and operations.

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