Beltone achieves record Operating Revenue of EGP957 million in 9M2023, a remarkable growth of 271% YoY

Sun, 26 Nov 2023 - 04:01 GMT

Net Profit recorded EGP86 million, an increase of 161% YoY, a strong testimony to a major transformation after 3 years of consecutive losses.

Beltone wins bt100 award for best asset manager

Tue, 03 Mar 2020 - 08:15 GMT

Beltone Holding has won the best asset manager award at bt100 Awards.

Egypt's Sarwa Capital exposed to IPO "irregularities"

Sun, 04 Nov 2018 - 11:22 GMT

Beltone managed the IPO of Sarwa Capital, which began trading on the Egyptian stock exchange last month. Its IPO unit was suspended on Thursday from carrying out any activity for six months.

Business News Wrap-up

Sun, 20 May 2018 - 05:00 GMT

A wrap-up of the most prominent business news of the day.

CBE to keep auctions on Variable Rate Deposit: Beltone

Sun, 01 Apr 2018 - 02:52 GMT

The CBE has started auctions on the Variable Rate Deposits following the flotation of the Egyptian pound in November 2016 in a bid to curb inflation.

Business news wrap-up

Thu, 21 Dec 2017 - 04:52 GMT

A wrap-up for the most prominent business news of the day.

Beltone’s major stakeholders sell 11.2% to local, foreign investors

Thu, 21 Dec 2017 - 11:50 GMT

Beltone said the decision comes to create more liquidity in light of recent economic reforms to improve the local investment climate.

Business news wrap-up

Mon, 14 Aug 2017 - 04:07 GMT

A wrap-up for the most prominent news circulated during the day.

To what extent will interest rates impact inflation?

Wed, 12 Jul 2017 - 07:35 GMT

Egypt’s decision to hike interest rates by 200 basis points is still the main focus of analysts, as issued reports suggest the increased rates will have a positive impact on inflation.