FINANCE-

Beltone Holding expands reach into Africa with BOA Group agreement: Our friends at Beltone Holding have entered into a “multidimensional” collaboration agreement with Bank of Africa Group (BOA Group) that will help Beltone and its new partner in “developing mutual growth and leveraging product cross-selling” potential in the African market, Beltone said in a statement (pdf)

What they said:The agreement marks a “key milestone in our regional expansion journey,” Beltone Deputy Group CEO and Head of Investment Banking Mohamed Aboulfadl, told Enterprise. “This collaboration represents our strategic venturing into the rapidly developing African markets, unlocking its significant untapped potentials and unexplored opportunities,” Aboulfadl added.

BOA Group? BOA Group is the holding company of the Bank of Africa — which you may know by its old name Banque Marocaine du Commerce Extérieur, or BMCE for short. The group is now present in 18 countries throughout the continent and has 19 commercial banks under its wings.

REAL ESTATE-

Egyptian-Saudi consortium teams up with the Arab Organization for Industrialization to procure building materials for KSA: A consortium of Octa International, the business development arm of Dunes Capital Group’sOcta Holding, real estate developer City Edge Developments, and Saudi aluminum manufacturer Aluminium Products Company has inked an MoU with the Arab Organization for Industrialization (AOI) to manage the supply chain of USD 1 bn worth of building materials for real estate development projects in Saudi Arabia, according to a statement from the AOI.

HEALTHCARE-

Egypt, Turkey already cosying up in the health sector: Egypt and Turkey are in talksto set up a Turkish-Egyptian hospital in the new capital, according to a Health Ministry statement. The news came during a meeting between Health Minister Khaled Abdel Ghaffar and Turkish Ambassador to Cairo Salih Mutlu Şen on Monday.

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