Arab Finance: Beltone SMEs, a subsidiary of Beltone Holding, has doubled its paid-in capital from EGP 250 million to EGP 500 million, as per a disclosure.

This increase marks the company's strategic push to expand its operations and support Egypt's growing small and medium enterprises (SME) sector.

Since receiving final approval for its SME finance license from the Financial Regulatory Authority (FRA) in August 2024, Beltone SMEs has grown its portfolio to over EGP 400 million.

This funding has been extended to more than 40 factories, enabling them to boost production and explore new export markets.

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