Beltone Financial
Egyptian tycoon Sawiris seeks to control group owning banks in 12 African countries
Business
May 21, 2018
Egyptian tycoon Sawiris seeks to control group owning banks in 12 African countries
Beltone Financial, one of Egypt’s largest investment banks affiliated with business tycoon Naguib Sawiris, said on Sunday that the…
Egypt’s CIB and Beltone drop plans for CI Capital sale
Business
June 9, 2016
Egypt’s CIB and Beltone drop plans for CI Capital sale
Egypt's Commercial International Bank (CIB) has dropped plans to sell its investment bank CI Capital to Beltone Financial after failing…
Egypt’s CIB approves extension for Beltone Financial’s offer for CI Capital
Business
April 28, 2016
Egypt’s CIB 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 acquire its subsidiary CI…
Egyptian court ruling allows CI Capital deal with Beltone
Business
April 21, 2016
Egyptian court ruling allows CI Capital deal with Beltone
A Cairo Court ruled in favour of Commercial International Bank (CIB) on Wednesday, pushing through the sale of shares in…
Egypt’s Beltone says still pursuing CI Capital acquisition
Business
April 15, 2016
Egypt’s Beltone says still pursuing CI Capital acquisition
Egypt's Beltone Financial will pursue its acquisition of CI Capital, the investment banking arm of the country's largest-listed bank, despite…
Orascom Telcom and Act Financial seek 100 pct of Beltone Financial
Business
October 8, 2015
Orascom Telcom and Act Financial seek 100 pct of Beltone Financial
Orascom Telecom Media and Technology and Act Financial are seeking to acquire 100 percent of Beltone Financial, Orascom Telecom said…
Egypt’s Beltone to issue bonus shares, raise capital
Business
November 24, 2014
Egypt’s Beltone to issue bonus shares, raise capital
Egypt's Beltone Financial Holding's unveiled a one-for-two stock dividend plan as part of a two-stage capital increase programme of up…
Global Telecom’s loss reaches US$924 million in 2013
Business
March 6, 2014
Global Telecom’s loss reaches US$924 million in 2013
Global Telecom Holding has just released its 4Q2013 results.
GB Auto’s full-year net income drops 46.7% on year
Business
March 5, 2014
GB Auto’s full-year net income drops 46.7% on year
GB Auto reported on Wednesday net income came in at LE116 million, down 46.7 percent y-o-y. The board of directors…
Beltone: Central Bank of Egypt to keep rates unchanged
Business
February 27, 2014
Beltone: Central Bank of Egypt to keep rates unchanged
Cairo based investment bank Beltone Financial expects the state’s central bank (CBE) to keep policy rates unchanged at today’s meeting,…