{"id":575322,"date":"2020-10-12T03:43:07","date_gmt":"2020-10-12T03:43:07","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/12\/egypts-beltone-sme-to-launch-egp-1-bn-investment-fund-in-2021\/"},"modified":"2020-10-12T03:43:07","modified_gmt":"2020-10-12T03:43:07","slug":"egypts-beltone-sme-to-launch-egp-1-bn-investment-fund-in-2021","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/12\/egypts-beltone-sme-to-launch-egp-1-bn-investment-fund-in-2021\/","title":{"rendered":"Egypt\u2019s Beltone SME to launch EGP 1 bn investment fund in 2021"},"content":{"rendered":"

<\/a> Beltone SME will launch a EGP 1 bn investment fund by the end of 2021<\/strong>, Beltone Financial Holding CEO Ibrahim Karam told Al Mal<\/a>. The fund will spend the next year lining up commitments from investors and has already logged interest from both local and international institutions, Karam said. Beltone SME, set up in April, offers a revenue-based financing scheme for SMEs. It is currently working on financing 3-4 SMEs operating in the agricultural and industrial sectors, and aims to increase its capital to EGP 100 mn in the coming year.<\/p>\n

Beltone SME is one of three non-banking financial services arms for which the parent company received licenses this year.<\/strong> These include its consumer finance arm Bel Cash<\/a>, which is targeting a EGP 400 mn portfolio, and a financial leasing company eyeing a first-year portfolio of EGP 600 mn. Beltone expects<\/a> non-banking financial services to contribute 30-40% of its revenue over the next three years. Beltone has been in search of new revenue streams after making losses for the past 2.5 years.<\/p>\n

Check out our interview<\/strong> with Beltone SME co-founder and CEO Yehia Ashour as part of our Work From Home Routine series here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Beltone SME will launch a EGP 1 bn investment fund by the end of 2021, Beltone Financial Holding CEO Ibrahim Karam told Al Mal. The fund will spend the next year lining up commitments from investors and has already logged interest from both local and international institutions, Karam said. Beltone SME, set up in April, […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[6056,72,287,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-575322","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-bel-cash","tag-enterpriseam","tag-smes","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"b285b7e2-b1c9-4c48-8d18-3b78154d29f2","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[575317],"teaser":"","voice_url":""},"yoast_head":"\nEgypt\u2019s Beltone SME to launch EGP 1 bn investment fund in 2021 - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/12\/egypts-beltone-sme-to-launch-egp-1-bn-investment-fund-in-2021\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt\u2019s Beltone SME to launch EGP 1 bn investment fund in 2021\" \/>\n<meta property=\"og:description\" content=\"Beltone SME will launch a EGP 1 bn investment fund by the end of 2021, Beltone Financial Holding CEO Ibrahim Karam told Al Mal. The fund will spend the next year lining up commitments from investors and has already logged interest from both local and international institutions, Karam said. Beltone SME, set up in April, […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/12\/egypts-beltone-sme-to-launch-egp-1-bn-investment-fund-in-2021\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-10-12T03:43:07+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/12\/egypts-beltone-sme-to-launch-egp-1-bn-investment-fund-in-2021\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/12\/egypts-beltone-sme-to-launch-egp-1-bn-investment-fund-in-2021\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt\u2019s Beltone SME to launch EGP 1 bn investment fund in 2021\",\"datePublished\":\"2020-10-12T03:43:07+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/12\/egypts-beltone-sme-to-launch-egp-1-bn-investment-fund-in-2021\/\"},\"wordCount\":199,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Bel Cash\",\"EnterpriseAM\",\"SMEs\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/12\/egypts-beltone-sme-to-launch-egp-1-bn-investment-fund-in-2021\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/12\/egypts-beltone-sme-to-launch-egp-1-bn-investment-fund-in-2021\/\",\"name\":\"Egypt\u2019s Beltone SME to launch EGP 1 bn investment fund in 2021 - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2020-10-12T03:43:07+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/12\/egypts-beltone-sme-to-launch-egp-1-bn-investment-fund-in-2021\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/12\/egypts-beltone-sme-to-launch-egp-1-bn-investment-fund-in-2021\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/12\/egypts-beltone-sme-to-launch-egp-1-bn-investment-fund-in-2021\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Egypt\u2019s Beltone SME to launch EGP 1 bn investment fund in 2021\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Egypt\u2019s Beltone SME to launch EGP 1 bn investment fund in 2021 - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/12\/egypts-beltone-sme-to-launch-egp-1-bn-investment-fund-in-2021\/","og_locale":"en_US","og_type":"article","og_title":"Egypt\u2019s Beltone SME to launch EGP 1 bn investment fund in 2021","og_description":"Beltone SME will launch a EGP 1 bn investment fund by the end of 2021, Beltone Financial Holding CEO Ibrahim Karam told Al Mal. The fund will spend the next year lining up commitments from investors and has already logged interest from both local and international institutions, Karam said. Beltone SME, set up in April, […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/12\/egypts-beltone-sme-to-launch-egp-1-bn-investment-fund-in-2021\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2020-10-12T03:43:07+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/12\/egypts-beltone-sme-to-launch-egp-1-bn-investment-fund-in-2021\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/12\/egypts-beltone-sme-to-launch-egp-1-bn-investment-fund-in-2021\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Egypt\u2019s Beltone SME to launch EGP 1 bn investment fund in 2021","datePublished":"2020-10-12T03:43:07+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/12\/egypts-beltone-sme-to-launch-egp-1-bn-investment-fund-in-2021\/"},"wordCount":199,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["Bel Cash","EnterpriseAM","SMEs","SPEED ROUND"],"articleSection":["Speed Round"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/12\/egypts-beltone-sme-to-launch-egp-1-bn-investment-fund-in-2021\/","url":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/12\/egypts-beltone-sme-to-launch-egp-1-bn-investment-fund-in-2021\/","name":"Egypt\u2019s Beltone SME to launch EGP 1 bn investment fund in 2021 - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2020-10-12T03:43:07+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/12\/egypts-beltone-sme-to-launch-egp-1-bn-investment-fund-in-2021\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2020\/10\/12\/egypts-beltone-sme-to-launch-egp-1-bn-investment-fund-in-2021\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/12\/egypts-beltone-sme-to-launch-egp-1-bn-investment-fund-in-2021\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Egypt\u2019s Beltone SME to launch EGP 1 bn investment fund in 2021"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":570145,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/19\/beltone-earmarks-egp-30-mn-to-establish-smes-arm\/","url_meta":{"origin":575322,"position":0},"title":"Beltone earmarks EGP 30 mn to establish SMEs arm","author":"enterpriseam admin","date":"19 March 2020","format":false,"excerpt":"Beltone Financial is setting up a EGP 30 mn SME finance arm, Beltone SME, accordingto a regulatory filing (pdf). Beltone will own 100% of Beltone SME.","rel":"","context":"In "Banking + Finance"","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":578999,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/22\/ex-beltone-execs-launch-sme-finance-outfit-invia\/","url_meta":{"origin":575322,"position":1},"title":"Ex-Beltone execs launch SME finance outfit Invia","author":"enterpriseam admin","date":"22 January 2023","format":false,"excerpt":"Invia is currently raising a pre-seed round","rel":"","context":"In "Startup watch"","block_context":{"text":"Startup watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/startup-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/1\/360.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":638024,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/08\/07\/beltone-secures-sme-finance-license-plus-mo-group-safir\/","url_meta":{"origin":575322,"position":2},"title":"Beltone secures SME finance license. PLUS: MO Group, Safir","author":"enterpriseam admin","date":"7 August 2024","format":false,"excerpt":"\u201cWe are dedicated to providing innovative and tailored financing solutions to meet the needs of SMEs,\u201d said Beltone SMEs CEO","rel":"","context":"In "Also on our Radar"","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/5\/1854.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":574691,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/17\/my-wfh-routine-yehia-ashour-ceo-and-co-founder-of-beltone-sme\/","url_meta":{"origin":575322,"position":3},"title":"My WFH Routine: Yehia Ashour, CEO and co-founder of Beltone SME","author":"enterpriseam admin","date":"17 September 2020","format":false,"excerpt":"Yehia Ashour, CEO and co-founder of Beltone SME: My Morning \/ WFH Routine looks each week at how a successful member of the community starts their day \u2014 and then throws in a couple of random business questions just for fun. Speaking to us this week is Yehia Ashour (LinkedIn),\u2026","rel":"","context":"In "My Morning Routine"","block_context":{"text":"My Morning Routine","link":"https:\/\/enterpriseam.com\/egypt\/my-morning-routine\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/9\/202.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":573839,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/08\/19\/beltone-to-launch-three-nbfs-firms-next-month-eyeing-return-to-profitability\/","url_meta":{"origin":575322,"position":4},"title":"Beltone to launch three NBFS firms next month, eyeing return to profitability","author":"enterpriseam admin","date":"19 August 2020","format":false,"excerpt":"Beltone Financial Holding will set up three new non-banking financial companies in September in a bid to return to profitability, CEO Ibrahim Karam said in an interview with Reuters on Tuesday. Beltone will set up a financial leasing company targeting a first-year portfolio of EGP 600 mn, a consumer finance\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":661648,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/03\/03\/ci-capital-compass-launch-egypts-first-onshore-private-equity-fund\/","url_meta":{"origin":575322,"position":5},"title":"CI Capital, Compass launch Egypt\u2019s first onshore private equity fund","author":"enterpriseam admin","date":"3 March 2025","format":false,"excerpt":"PLUS- Alshams for Contracting is eyeing USD 120 mn worth of projects in Iraq","rel":"","context":"In "Also on our Radar"","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/12\/1152.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/575322","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=575322"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/575322\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/575317"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=575322"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=575322"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=575322"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=575322"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=575322"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}