Tags Result

Beltone Holding acquires SODIC Securitization for EGP 8.58M

Beltone Holding has acquired SODIC Securitization Company in a transaction valued at EGP 8.587 million.

Updated 2/18/2025 10:09:00 AM
Beltone Holding to acquire majority stake in Baobab

Beltone Holding signed a share purchase agreement, on February 10th, to acquire a majority stake in the Baobab Group

Updated 2/11/2025 10:54:00 AM
Beltone Leasing inks EGP 4B syndicated leasing term sheet with Al Qalaa Al Hamraa

Beltone Leasing and Factoring, a subsidiary of Beltone Holding, signed an EGP4 billion syndicated leasing term sheet with Al Qalaa Al Hamraa.

Updated 2/11/2025 8:46:00 AM
Beltone Venture Capital fuels expansion plans across Africa via investment in LNKO

Beltone Venture Capital, a subsidiary of Beltone Holding, announced a strategic equity investment in LNKO, a trendsetting omni-channel D2C eyewear startup

Updated 2/5/2025 3:00:00 AM
Beltone Holding’s net profits jump 384.78% YoY in 2024

Beltone Holding achieved net profits valued at EGP 1.7 billion in 2024, delivering 4.6% year-on-year (YoY)growth

Updated 2/3/2025 9:34:00 AM
Beltone Investment Banking advises on $180M financing deal for MAFI

Beltone Investment Banking has concluded its role as the exclusive financial advisor for MAFI for Agricultural Produce Industries' $180 million financing agreement to establish the largest agricultural products industrial complex in the Middle East.

Updated 1/13/2025 8:13:00 AM
Beltone’s unit eyes majority stake in Baobab to expand regional footprint

Beltone Capital, a fully-owned subsidiary of Beltone Holding, has entered into a put option agreement to acquire a majority stake in Baobab

Updated 12/31/2024 9:25:00 AM
Beltone’s board approves additional capital hike to drive expansion strategy

The board members of Beltone Financial Holding greenlighted increasing the authorized capital from EGP 11 billion to EGP 22 billion

Updated 12/25/2024 10:17:00 AM
Beltone Leasing signs EGP 350M agreement with SEKEM Group

Beltone Leasing signs EGP 350M agreement with SEKEM Group

Updated 12/18/2024 12:47:00 PM
Beltone’s subsidiary unveils FCI membership to expand regional footprint

Beltone Leasing and Factoring, a subsidiary of Beltone Holding, announced its membership with FCI to boost its position as a key player in the local and regional markets.

Updated 12/16/2024 9:18:00 AM
Egypt’s IFE acquires 350 carbon certificates to support sustainability 

The Insurance Federation of Egypt (IFE) has acquired 350 carbon emission reduction certificates from the Minya Group Project, an initiative by the Egyptian Biodynamic Association.

Updated 12/3/2024 4:10:00 PM
Beltone Financial’s consolidated profits soar 1,218.15% YoY in 9 months

Beltone Financial Holding reported a 1,218.15% year-on-year (YoY) surge in consolidated net profits attributable to the parent company for the first nine months of 2024.

Updated 11/18/2024 9:56:00 AM
Beltone Holding wraps up 1st AI Hackathon

Beltone Holding has successfully wrapped up its first AI Hackathon, in collaboration with the Mathematics, Actuarial, and Data Science Association (MADS) at the American University in Cairo (AUC).

Updated 11/10/2024 11:04:00 AM
Beltone Leasing and Factoring completes EGP 1.33B securitization

Beltone Leasing and Factoring, a subsidiary of Beltone Holding, has concluded its first securitization issuance, raising EGP 1.33 billion.

Updated 10/22/2024 9:37:00 AM
Egypt to grant 2nd credit rating license to Beltone-Crif alliance

Egypt is moving forward with plans to grant its second credit rating license to the alliance between Beltone and Italian group Crif Ratings.

Updated 10/21/2024 10:11:00 AM
Beltone Leasing and Factoring to expand in North, West Africa

Beltone Leasing and Factoring, a subsidiary of Beltone Financial Holding, is planning to expand into North and West Africa, with Morocco and Senegal as the first target markets.

Updated 10/14/2024 8:37:00 AM
Beltone plans to launch 8 new funds on EGX end-2025

Beltone Financial Holding aims to launch eight new funds on the Egyptian Exchange (EGX) by the end of 2025.

Updated 10/1/2024 3:19:00 AM
Portfolio Egypt 2024 Conference to take place on September 30th

The 7th edition of the 'Portfolio Egypt 2024' Conference will take place on September 30 at the Nile Ritz-Carlton Hotel, gathering key figures from the financial and governmental sectors.

Updated 9/22/2024 5:38:00 PM
Beltone to launch $50M startup investment funds targeting Africa, MENA

Beltone Venture Capital, a subsidiary of Egypt's Beltone Financial Holding, is set to launch two new startup investment funds with a total target of $50 million, CEO Ali Mokhtar told Asharq Business.

Updated 9/12/2024 4:04:00 AM
Beltone Financial becomes profitable in H1

Beltone Financial Holding reported EGP 816.709 million in its consolidated net profits after tax and attributable to the parent company during the first half (H1) of this year, versus net losses worth EGP 145.892 million in the same period last year, compared to EGP 105.59 million.

Updated 8/19/2024 9:32:00 AM