{"id":1860,"date":"2020-01-06T16:15:25","date_gmt":"2020-01-06T16:15:25","guid":{"rendered":"https:\/\/www.nawy.com\/blog\/?p=1860"},"modified":"2026-08-20T13:41:00","modified_gmt":"2026-08-20T11:41:00","slug":"cib-partially-finances-sodics-ednc-with-1-billion-egp","status":"publish","type":"post","link":"https:\/\/www.nawy.com\/blog\/1860-cib-partially-finances-sodics-ednc-with-1-billion-egp","title":{"rendered":"CIB partially finances SODIC&#8217;s EDNC with 1 Billion EGP"},"content":{"rendered":"<p><img decoding=\"async\" class=\"aligncenter size-medium wp-image-1861\" src=\"https:\/\/www.nawy.com\/blogwp-content\/uploads\/2020\/01\/Eastown-District-New-Cairo-Eastown-District-Business-Park-Eastown-Offices-Sodic-Offices-Sodic-Eastown-District--300x271.png\" alt=\"\" width=\"300\" height=\"271\" srcset=\"https:\/\/www.nawy.com\/blog\/wp-content\/uploads\/2020\/01\/Eastown-District-New-Cairo-Eastown-District-Business-Park-Eastown-Offices-Sodic-Offices-Sodic-Eastown-District--300x271.png 300w, https:\/\/www.nawy.com\/blog\/wp-content\/uploads\/2020\/01\/Eastown-District-New-Cairo-Eastown-District-Business-Park-Eastown-Offices-Sodic-Offices-Sodic-Eastown-District-.png 346w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/p>\n<p><a href=\"https:\/\/www.nawy.com\/developer\/8-sodic\">SODIC\u00a0<\/a>has signed a facility with the\u00a0Commercial International Bank\u00a0(CIB) for a total amount of EGP 1bn to partially finance the investment cost of Eastown District New Cairo (<a href=\"https:\/\/www.nawy.com\/compound\/215-eastown-commercial\">EDNC<\/a>), SODIC\u2019s first non-residential project in East Cairo.<\/p>\n<p>EDNC is the commercial subsection of <a href=\"https:\/\/www.nawy.com\/compound\/22-eastown-residence\">Eastown<\/a>.\u00a0Located directly on\u00a0road 90, and adjacent to the American University in Cairo (AUC), EDNC brings 90,000\u00a0sqm of commercial and retail area to the New Cairo project. It will be the cornerstone of SODIC\u2019s recurring\u00a0success catered towards the East.<\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"NjuBsJtY7d\"><p><a href=\"https:\/\/www.nawy.com\/blog\/33781-sodic-master-plan\">Sodic Master Plan:7+ Brilliant Compounds&#8217; Design<\/a><\/p><\/blockquote>\n<p><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; visibility: hidden;\" title=\"&#8220;Sodic Master Plan:7+ Brilliant Compounds&#8217; Design&#8221; &#8212; Nawy\" src=\"https:\/\/www.nawy.com\/blog\/33781-sodic-master-plan\/embed#?secret=IZR0JHq3lw#?secret=NjuBsJtY7d\" data-secret=\"NjuBsJtY7d\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<p>&nbsp;<\/p>\n<p>If you wish to know more about\u00a0what\u2019s available in the real estate market, you can visit us on our website\u00a0<a href=\"https:\/\/www.nawy.com\/\">Nawy<\/a>\u00a0and take a look at our wide selection of exclusive properties.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SODIC\u00a0has signed a facility with the\u00a0Commercial International Bank\u00a0(CIB) for a total amount of EGP 1bn to partially finance the investment cost of Eastown District New Cairo (EDNC), SODIC\u2019s first non-residential project in East Cairo. EDNC is the commercial subsection of Eastown.\u00a0Located directly on\u00a0road 90, and adjacent to the American University in Cairo (AUC), EDNC brings [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":1861,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"_lmt_disableupdate":"no","_lmt_disable":"","footnotes":""},"categories":[336],"tags":[],"class_list":{"0":"post-1860","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-real-estate-news"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>CIB partially finances SODIC&#039;s EDNC with 1 Billion EGP - Nawy<\/title>\n<meta name=\"description\" content=\"CIB partially finances SODIC&#039;s EDNC with 1 Billion EGP -\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.nawy.com\/blog\/1860-cib-partially-finances-sodics-ednc-with-1-billion-egp\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CIB partially finances SODIC&#039;s EDNC with 1 Billion EGP - Nawy\" \/>\n<meta property=\"og:description\" content=\"CIB partially finances SODIC&#039;s EDNC with 1 Billion EGP -\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.nawy.com\/blog\/1860-cib-partially-finances-sodics-ednc-with-1-billion-egp\" \/>\n<meta property=\"og:site_name\" content=\"Nawy\" \/>\n<meta property=\"article:published_time\" content=\"2020-01-06T16:15:25+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-08-20T11:41:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.nawy.com\/blog\/wp-content\/uploads\/2020\/01\/Eastown-District-New-Cairo-Eastown-District-Business-Park-Eastown-Offices-Sodic-Offices-Sodic-Eastown-District-.png\" \/>\n\t<meta property=\"og:image:width\" content=\"346\" \/>\n\t<meta property=\"og:image:height\" content=\"313\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Amany Morad\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Amany Morad\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.nawy.com\/blog\/1860-cib-partially-finances-sodics-ednc-with-1-billion-egp#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.nawy.com\/blog\/1860-cib-partially-finances-sodics-ednc-with-1-billion-egp\"},\"author\":{\"name\":\"Amany Morad\",\"@id\":\"https:\/\/www.nawy.com\/blog\/#\/schema\/person\/be7b7c2f3ffb778fc5539538c3739abc\"},\"headline\":\"CIB partially finances SODIC&#8217;s EDNC with 1 Billion EGP\",\"datePublished\":\"2020-01-06T16:15:25+00:00\",\"dateModified\":\"2026-08-20T11:41:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.nawy.com\/blog\/1860-cib-partially-finances-sodics-ednc-with-1-billion-egp\"},\"wordCount\":135,\"publisher\":{\"@id\":\"https:\/\/www.nawy.com\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.nawy.com\/blog\/1860-cib-partially-finances-sodics-ednc-with-1-billion-egp#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.nawy.com\/blog\/wp-content\/uploads\/2020\/01\/Eastown-District-New-Cairo-Eastown-District-Business-Park-Eastown-Offices-Sodic-Offices-Sodic-Eastown-District-.png\",\"articleSection\":[\"Nawy News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.nawy.com\/blog\/1860-cib-partially-finances-sodics-ednc-with-1-billion-egp\",\"url\":\"https:\/\/www.nawy.com\/blog\/1860-cib-partially-finances-sodics-ednc-with-1-billion-egp\",\"name\":\"CIB partially finances SODIC's EDNC with 1 Billion EGP - 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