25 October 2015
Cairo, Egypt - SODIC, the leading Egyptian real estate developer, is pleased to announce that Eng. Magued Sherif has assumed his duties as the company's new Managing Director at SODIC's Cairo headquarters. Sherif brings to SODIC 30 years of professional experience, a deep knowledge of the real estate sector, a proven international outlook, and an entrepreneurial passion for delivering growth.
Prior to joining SODIC, Sherif held several leadership positions with prominent companies in the industry including Egypt Country Head and Properties Chief Executive Officer at Majid Al Futtaim Properties as well as General Manager and Senior Vice President at Palm Hills Developments for a 10-year period. More recently Sherif held the position of Chief Executive Officer and Managing Director at Hyde Park Properties for Development from 2012-2014. Sherif began his career as a Site Engineer with Orascom Construction Industries in 1986.
SODIC is one of the region's leading real estate development companies and is currently developing a number of large and diversified projects in Egypt. SODIC's developments range from residential projects of different types to retail, commercial and large scale mixed-use city centers in east and west Cairo. SODIC is listed on the Cairo Stock Exchange (Ticker OCDI). For more information please visit www.sodic.com.