Egypt’s gold funds assets hit EGP2b, investors reach 210k by May
The Financial Regulatory Authority (FRA) reported that the total net assets of licensed gold investment funds in…
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Beltone
Egypt’s Beltone, BOA Group enter collaboration deal
Beltone Holding, a rapidly growing financial institution, has entered into a multidimensional collaboration…
Beltone Asset Management to manage Sabayek gold fund
Beltone Financial Holdingfully owned subsidiary Beltone Asset Management has been given management authority over…
Egypt’s Beltone increases cap of Cash for Microfinance to EGP500mln
Beltone Financial Holding is set to increase the capital of its affiliate Cash for Microfinance to 500 million…
Egypt’s Beltone unveils BelCash is rebranded to seven
Egypt’s Beltone Financial Holding announced on Sunday the strategic rebranding of its consumer finance subsidiary…
Matouk Bassiouny completes advisory on 56% sale of Egypt’s Beltone to UAE’s Chimera
Cairo-based law firm Matouk Bassiouny & Hennawy (MBH) has successfully completed on Tuesday advisory UAE…
UAE’s Chimera officially acquires 56% of Egypt’s Beltone
UAE-based investment company Chimera Investments is now the official majority shareholder of the Egyptian…
Egypt’s Beltone launches new SME venture capital arm
Egyptian investment bank Beltone Financial Holding has launched on Sunday a new venture capital arm to finance…
Egyptian billionaire’s investment bank Beltone narrows six-month losses by 69.5%
Beltone Financial Holding, the Egyptian investment bank owned by billionaire Naguib Sawiris, reported on Sunday a…
Beltone to establish new company for SMEs with EGP30M capital
Beltone Financial Holding to set up a new company ‘Beltone SME’ with an initial capital of 30 million Egyptian…
Egypt’s Beltone to launch two subsidiaries to provide leasing, mortgage services
Egyptian investment bank Beltone Financial Holding said on Monday its board approved to launch two 98 percent-owned…
Beltone: Egypt central bank likely to keep rates steady at Jan. 16 meeting
Egyptian investment bank Beltone Financial said on Thursday the country’s central bank is set to hold interest…
Egypt’s FDIs jump to $2.4bn in Q1
Beltone Financial said the foreign direct investments (FDIs) in Egypt increased to $2.4bn in the first quarter (1Q)…
Beltone says Egypt’s real estate sector may decelerate by 2020
Egyptian investment bank Beltone Financial said in recent report that it expects the country’s real estate sector…
Beltone vying to win mandate on Egypt state-owned Enppi’s IPO
Egypt’s investment bank Beltone Financial Holding has submitted a formal proposal to NI Capital to win a mandate on…
Beltone holds Cairo Investment Conference to allure foreign investment to Egypt
Beltone Financial Holding is to host Monday its four-day investment conference in Cairo in cooperation with…
Beltone completes microfinance unit takeover, looks for more deals
Egypt’s investment bank Beltone Financial has completed the acquisition of micro finance enterprise Reefy and is…
Egypt’s CIB, Beltone drop plans for CI Capital sale deal: sources
Egypt's Commercial International Bank (CIB) has dropped plans to sell its investment bank CI Capital to Beltone…
Egyptian asset manager Beltone Financial to buy NYC brokerage firm
Beltone Financial, Egypt's largest asset manager, signed an agreement to acquire 51 percent of New York-based…
Egypt’s CIB, Beltone agree to extend CI Capital takeover offer to June 9
Egypt's Commercial International Bank (CIB) approved an additional two-week extension for an offer by Beltone…
CIB-Egypt approves extension for Beltone Financial’s offer for CI Capital
Egypt's Commercial International Bank (CIB) approved a two-week extension for an offer by Beltone Financial to…
Egypt’s HC Securities seeks to launch ETF before 2016-end
Egyptian investment bank, HC Securities and Investment is planning to launch an exchange-traded fund (ETF) before…
OTMT asks Beltone subsidiary to complete CI Capital deal
Orascom Telecom (OTMT) said on Thursday it had asked its Beltone Financial subsidiary to complete the acquisition…
EXCLUSIVE: Beltone says to launch Egypt’s second ETF this year
Egypt's Beltone Financial Holding (BTFH.CA) is planning to launch the country’s second exchange-traded fund (ETF)…
Beltone Financial sees running four flotations in Egypt bourse early 2016
Egypt's Beltone Financial Holding (BTFH.CA) expects to run four stock market flotations totalling more than 2.5…
Beltone to finalise state-run food firm’s listing studies in 6 months – minister
Egypt plans to finalise technical, financial, and financial studies, dedicated to list the state-run Food…
Egyptian Beltone joins NASDAQ Dubai as market maker
Beltone Market Maker, a subsidiary of Egyptian-based financial services company Beltone Financial, has joined…
Beltone Financial to seek $25.5mn in August Share Sale
Egypt's Beltone Financial Holding said Tuesday it had received regulatory approval for a 200 million Egyptian…
Beltone braces for $6.5 million Mortgage Unit in Egypt
Egypt's financial institution, Beltone Financial Holding will launch a mortgage financing subsidiary worth 50…
Beltone Financial 2014 Profits Falls To LE15.2 M
Belton Financial Holding (BTFH) profits fell to LE15.26 million in 2014. It posted LE74.25 million net profit in…
Gulf Countries to invest in Egypt Sovereign Fund
Saudi Arabia, the United Arab Emirates and Kuwait are considering investing in a multibillion-dollar “sovereign…
CI Capital says arranging Four IPOs worth $600mn on Egypt Bourse
Egypt’s investment bank CI Capital is arranging four initial public offerings (IPOs) in the country’s bourse at a…
Orascom Development to Offer 10-15% of Egypt Subsidiary to Activate Trading on EGX
Orascom Development Holding AG filed with the Egyptian Stock Exchange (EGX) to offer 10-15% of its Egyptian…
Egypt Stocks Gain EGP9.3bn in Week on Moody’s Rating Upgrade
In a week, Egypt’s stock Exchange (EGX) posted gains worth 9.3 billion Egyptian pounds (US$1.3bn) backed by…
Egypt Bourse Accepts Beltone’s Membership as Market Maker
The membership committee of Egypt stock Exchange (EGX) issued a decision on Wednesday accepting Beltone Financial…
Beltone Financial to Spend $42 million Expanding Next Year
Egypt's Beltone Financial aims to invest around 300 million Egyptian pounds (26.12 million pounds) to expand its…
Beltone Eyes EGP250mln from First ETFs in Egypt Bourse
Beltone Financial Holding is set to complete procedures of launching the first exchange-traded funds (ETFs) in the…
Egypt Bourse, Religious Endowments in ‘Advance Talks’ to List Two Affiliates
The talks to enlist two new companies affiliated to the Egyptian Ministry of Religious Endowments (Awqaf) in the…
Egypt Investor Confidence Rises on Suez Canal Project; Says Beltone
Beltone Financial said its Egypt Investor Confidence Index rose last week by 1.7% from 70.1 points to 71.3 points,…
Beltone Eyes to Launch Egypt’s First ETFs Early Q4
Egypt's financial investment firm Beltone Financial Holding plans to launch its first exchange-traded fund (ETF) in…