{"id":671193,"date":"2025-09-02T00:00:00","date_gmt":"2025-09-02T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/09\/02\/dalia-khorshid-reappointed-ceo-of-beltone-holding-for-three-more-years\/"},"modified":"2025-09-02T00:00:00","modified_gmt":"2025-09-02T00:00:00","slug":"dalia-khorshid-reappointed-ceo-of-beltone-holding-for-three-more-years","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/09\/02\/dalia-khorshid-reappointed-ceo-of-beltone-holding-for-three-more-years\/","title":{"rendered":"Dalia Khorshid reappointed CEO of Beltone Holding for three more years"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Our friends at Beltone Holding renewed the appointment of Dalia <\/strong><strong>Khorshid (<\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/dalia-khorshid\/\" style=\"\" rel=\"noopener\">LinkedIn<\/a><\/strong><strong>) as CEO and managing director for an additional three-year term<\/strong>, the company said in a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/9\/76.pdf\" style=\"\" rel=\"noopener\">statement (pdf)<\/a>. Khorshid has held the role since August 2022 and led the firm\u2019s return to profitability, expanded its footprint in non-banking financial services, and steered its ongoing digital transformation.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">(<strong>Tap or click the headline above to read this story with all of the links <\/strong>to our background as well as external sources.)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Khorshid and her team have turned Beltone around, delivering <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/b6baa16d-49aa-4e8f-bd6d-520d4428786d\/%253cmark%253ebeltone%253c%2Fmark%253e-reports-exceptional-results-for-2024,-with-bottom-line-up-almost-5x\" style=\"\" rel=\"noopener\">nearly 5x bottom line<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/b6baa16d-49aa-4e8f-bd6d-520d4428786d\/%253cmark%253ebeltone%253c%2Fmark%253e-reports-exceptional-results-for-2024,-with-bottom-line-up-almost-5x\" style=\"\" rel=\"noopener\">growth in 2024<\/a><\/strong> at EGP 1.7 bn, while growing revenues 4x after a sustained turnaround driven by a deeper push into non-bank financial services and a refocusing of the investment bank.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Shareholders also elected a new board of directors for a three-year term<\/strong>, including Sayed Shoeib as non-executive chairman and Mohamed Hisham Abdel Moneim and Mirian Khalaf as non-executive board members representing Chimera\u2019s investment vehicle Chimpe 1 Investment SPV, according to an <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/9\/81.pdf\" style=\"\" rel=\"noopener\">EGX disclosure (pdf)<\/a>. Wael Mostafa and Marwa Kamal were also elected as independent non-executive board members.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>PLUS- <\/strong><strong>Giza Systems <\/strong><strong>has a new country general manager for Egypt: <\/strong>Tech consultancy firm Giza Systems appointed Tarek Heiba (<a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/tarek-heiba-21161b15\/\" style=\"\" rel=\"noopener\">LinkedIn<\/a>) as its new country general manager in Egypt, according to a <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/posts\/giza-systems_we-are-pleased-to-welcome-tarek-heiba-on-activity-7365681884539813888-2GiA?utm_source=share&utm_medium=member_desktop&rcm=ACoAACeyGZ4BK15sJ_E7AkAyYjPtsSlJdB9daH8\" style=\"\" rel=\"noopener\">statement<\/a>. Heiba brings over 30 years of experience in the ICT sector, having held senior positions in global firms like Dell Technologies and Nokia Siemens Networks.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Khorshid joined the financial services provider in 2022<\/p>\n","protected":false},"author":1,"featured_media":671194,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","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":[7231],"tags":[7112,72,206],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-671193","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-moves","tag-beltone-holding","tag-enterpriseam","tag-moves","wpautop","entry"],"acf":{"mongo_id":"14b8bd18-7f99-4fe2-84ea-a7a9e31237d1","order":"9","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/9\/78.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Dalia Khorshid reappointed CEO of Beltone Holding for three more years","related_issue":[671178],"teaser":"Khorshid joined the financial services provider in 2022","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/9\/.2376b479-019b-4ea9-a217-ac9461779d5d.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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The decision was made at a board meeting yesterday called by the company\u2019s new majority shareholder Chimera Investments which acquired a 56% stake last\u2026","rel":"","context":"In &quot;Moves&quot;","block_context":{"text":"Moves","link":"https:\/\/enterpriseam.com\/egypt\/category\/newsmakers\/moves\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":549070,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/01\/beltone-elects-new-board-members-following-chimera-acquisition\/","url_meta":{"origin":671193,"position":1},"title":"Beltone elects new board members following Chimera acquisition","author":"enterpriseam admin","date":"1 September 2022","format":false,"excerpt":"Beltone Financial shareholders have elected four new board members as part of its restructuring of the board following Chimera Investments\u2019 acquisition of a majority stake in the firm, according to an EGX disclosure (pdf). For a period of three years, the board will now include: Dalia Khorshid (LinkedIn) as managing\u2026","rel":"","context":"In &quot;Moves&quot;","block_context":{"text":"Moves","link":"https:\/\/enterpriseam.com\/egypt\/category\/newsmakers\/moves\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":657796,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/12\/26\/beltone-holding-ceo-dalia-khorshid-honored-at-forbes-middle-east-womens-summit-2024\/","url_meta":{"origin":671193,"position":2},"title":"Beltone Holding CEO Dalia Khorshid honored at Forbes Middle East Women's Summit 2024","author":"enterpriseam admin","date":"26 December 2024","format":false,"excerpt":"Beltone Venture Capital\u2019s CEO was also recognized by Forbes Middle East","rel":"","context":"In &quot;Kudos&quot;","block_context":{"text":"Kudos","link":"https:\/\/enterpriseam.com\/egypt\/category\/newsmakers\/kudos\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/7\/800.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":548892,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/25\/beltone-financial-turns-a-loss-in-2q-2022\/","url_meta":{"origin":671193,"position":3},"title":"Beltone Financial turns a loss in 2Q 2022","author":"enterpriseam admin","date":"25 August 2022","format":false,"excerpt":"Beltone Financial returned to the red in 2Q 2022, recording EGP 109.4 mn in net losses after making a EGP 4.7 mn profit in the same period last year, according to its consolidated financials (pdf). Revenues were down 1% to EGP 82.7 mn during the April-June quarter despite interest income\u2026","rel":"","context":"In &quot;EARNINGS WATCH&quot;","block_context":{"text":"EARNINGS WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/earnings-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":663715,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/04\/14\/beltone-secures-egp-10-5-bn-in-blockbuster-capital-increase\/","url_meta":{"origin":671193,"position":4},"title":"Beltone secures EGP 10.5 bn in blockbuster capital increase","author":"enterpriseam admin","date":"14 April 2025","format":false,"excerpt":"The capital raise brings Beltone\u2019s paid-in capital to EGP 21.4 bn","rel":"","context":"In &quot;Capital markets&quot;","block_context":{"text":"Capital markets","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/capital-markets\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/4\/758.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":610767,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/11\/27\/under-new-team-beltone-turns-profitable-in-9m-2023-after-three-years-in-the-red\/","url_meta":{"origin":671193,"position":5},"title":"Under new team, Beltone turns profitable in 9M 2023 after three years in the red","author":"enterpriseam admin","date":"27 November 2023","format":false,"excerpt":"Successful restructuring and capital increase drove the company\u2019s growth, Beltone said","rel":"","context":"In &quot;EARNINGS WATCH&quot;","block_context":{"text":"EARNINGS WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/earnings-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/11\/1451.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\/671193","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=671193"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/671193\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/671178"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/671194"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=671193"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=671193"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=671193"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=671193"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=671193"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}