Cairo – Mubasher: Beltone Holding has successfully concluded its second capital increase, securing EGP 10.50 billion with a 98% subscription coverage, according to a press release.
This transaction anchors Beltone’s position as a future-focused financial powerhouse, backing its vision to deliver sustainable growth and value creation for all stakeholders.
First Abu Dhabi Bank Misr (FABMISR), the business unit of UAE-based FAB operating in Egypt, acted as the subscription receiving bank.
Beltone will use the proceeds from the capital increase to fuel its growth plans, improve its digitally scalable capabilities, and expand its product offerings.
Dalia Khorshid, Group CEO and Managing Director of Beltone, commented: “This second capital increase marks a defining milestone in Beltone’s growth journey, reflecting the trust we’ve earned from our shareholders and the market’s recognition of our strong and impactful growth. Guided by a data-driven strategy and powered by an exceptional team, we are accelerating growth across our platforms, with a strong focus on strategic expansion, AI, and digital transformation.”
In 2024, Beltone logged consolidated operating revenues valued at EGP 7.20 billion, while net profit exceeded EGP 1.70 billion.
The EGX-listed company completed its first round of capital increase in March 2025.
