{"id":605938,"date":"2023-09-07T00:00:00","date_gmt":"2023-09-07T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/09\/07\/this-evening-beltone-venture-capital-acquires-20-in-ariika\/"},"modified":"2023-09-07T00:00:00","modified_gmt":"2023-09-07T00:00:00","slug":"this-evening-beltone-venture-capital-acquires-20-in-ariika","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/09\/07\/this-evening-beltone-venture-capital-acquires-20-in-ariika\/","title":{"rendered":"THIS EVENING: Beltone Venture Capital acquires 20% in ariika"},"content":{"rendered":"

Happy THURSDAY, ladies and gentlemen. <\/strong> It\u2019s a calm-ish afternoon to wrap up the first week of the month, which we\u2019re not exactly complaining about\u2026<\/p>\n

THE BIG STORY TODAY <\/strong><\/p>\n

BVC snaps up 20% of ariika in series A equity round: <\/strong> Beltone Venture Capital \u2014 Beltone Financial Holding\u2019s recently-launched venture capital arm \u2014 has acquired a 20% stake in home and decor brand ariika in a EGP 31 mn transaction as part of a series A equity funding round, according to a press release (pdf)<\/a>. <\/p>\n

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COUNTDOWN- There are just 11 days until the Enterprise Finance Forum, which takes <\/strong> place 18-19 September <\/strong>(Monday and Tuesday) at the St. Regis Hotel on the Nile Corniche. This flagship forum is the latest in our must-attend series of invitation-only events, where CEOs, bankers, investors, founders, and corporate leaders will meet to discuss the trends shaping the future of banking, finance, NBFIs, and fintech \u2014 and of their clients.<\/p>\n

You won\u2019t want to miss this one: <\/strong> Join Karim Awad <\/strong> (CEO, EFG Holding), Hassan Allam <\/strong>(CEO, Hassan Allam Holding), Yasmine El Hini <\/strong> (country officer, IFC), Hazem Moussa <\/strong>(chairman, Contact Financial Holding), Tamer El Emary <\/strong>(group CEO, GB Capital), Hoda Kassem <\/strong> (Cairo global services center director, HSBC Egypt) and many others for talks on everything from investing in uncertain times, to whether NBFIs are a bubble. Stay tuned for the unveiling of our full list of speakers in the coming days. <\/strong><\/p>\n

Tap or click here to REQUEST AN INVITATION or view the FULL AGENDA.<\/a><\/strong><\/p>\n

We are honored to count some of the region\u2019s most important financial institutions as <\/strong> our partners for this special event. <\/strong>The Enterprise Finance Forum could not take place without the support of our partners including Banque Misr, Al Baraka Bank, FAB Misr, HSBC, Mashreq, CI Capital, Global Corp, Visa, Hassan Allam Utilities, and the IFC. <\/p>\n

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THE BIG STORY ABROAD <\/strong><\/p>\n

Different stories are leading the international business press: <\/strong><\/p>\n