Beltone Investment Management, a subsidiary of Beltone Financial Holding, has received initial approval from the Financial Regulatory Authority (FRA) to establish a gold investment fund, sources told Daily News Egypt.

Premium Diagnostics hired an English company as a financial advisor to establish a holding company for its offices in the United States, Saudi Arabia, the United Arab Emirates, and Egypt, to offer its shares on the stock exchange in the UAE or Saudi Arabia. The company plans to raise its capital from $14m to $24m to finance its expansion plans for the current year 2024.

Beltone Financial Holding has signed a letter of intent to acquire Sixth of October Development and Investment Company’s (SODIC) subsidiary SODIC for Securitization, as per a filing sent to the Egyptian Bourse on December 6th.

Beltone Financial Holding, a large Cairo-listed investment company, announced that its wholly-owned subsidiary Beltone Real Estate Finance has obtained a license to practice real estate financing activity from the Egyptian Financial Regulatory Authority (FRA), according to the company's statement on Sunday.