Beltone Financial Holding is set to significantly expand its presence in Egypt’s investment landscape with plans to introduce eight new funds on the Egyptian Exchange (EGX) by the close of 2025. This announcement comes amidst a stellar performance year for the firm, which reported an impressive 411% year-on-year growth in operating revenue.
Khalil El Bawab, CEO for Local and Regional Markets at Beltone, shared this strategic vision during an interview with Al Arabiya Business. The firm currently boasts a robust asset management portfolio, overseeing assets worth approximately EGP 27 billion (equivalent to $559 million USD). This move aims to further diversify Beltone’s offerings and cement its leadership in the regional financial market.
In a recent strategic maneuver this September, Beltone launched two innovative funds that track EGX indices. These funds have already demonstrated promising performance, reinforcing investor confidence in the firm’s strategic direction and expertise.
Beyond its domestic plans, Beltone is reportedly eyeing regional expansion opportunities to capitalize on emerging markets, as noted by industry observers. The firm’s exceptional growth trajectory has piqued investor interest, positioning it as a formidable player in both regional and international finance arenas. According to a report by Bloomberg, Beltone’s recent partnerships and technological investments underscore its commitment to scalable growth and innovation in asset management.
As Beltone charts its ambitious path forward, stakeholders eagerly anticipate the potential impact of these new fund launches on Egypt’s financial ecosystem, particularly in enhancing liquidity and attracting global investmen
