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Beltone to manage new gold investment fund Beltone Evolve Gold
The fund aims to raise EGP 10 mn by offering 100k certificates at a nominal value of EGP 100 apiece
AD Ports inks USD 3 mn initial agreement to run three cruise terminals. PLUS: ex-NDP HQ complex, Russian EV factory, Tasweyat capital increase
AD Ports is expected to ink the final 15-year concession agreement in 1Q 2024
Beltone, Chimera part of new Abu Dhabi holdco with >USD 27 bn in assets
The assets include Egypt’s Beltone Financial, Chimera Investments, Citadel Technologies, Sagasse Investments, Lunate, and International Resources Holding
MAFI inks contracts for USD 300 mn agri-food industrial complex
The complex has earmarked 90% of production for export
Beltone is snagging 51% of local seed distributor NSC
The acquisition is expected to be finalized this year
ADES Holding handed 10-year contract to operate Suez brownfields. PLUS: Beltone Mortgage, Majid Al Futtaim, Sky Investments, EGBank
ADES LANDS SUEZ BROWNFIELDS- A consortium led by the Saudi Public Investment Fund (PIF)-backed ADES Holding was awarded a 10-year…
TBS’ Damfi signs EGP 480 mn leasing and factoring agreement with Beltone
This is Beltone’s second factoring agreement
Beltone signals new push into securitization, closes first factoring transaction
This marks Beltone’s first factoring agreement since obtaining its license in September
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