MBH advises Beltone on the Largest All-Cash Capital Increase in EGX History valued at EGP 10.5 billion

We are pleased to announce that Matouk Bassiouny & Hennawy (“MBH”) acted as legal counsel to Beltone Holding (“Beltone”), a leading financial services provider, in connection with its landmark all-cash capital increase of EGP 10.5 billion. This transaction marks Beltone’s largest capital increase to date, following its record-breaking EGP 10 billion capital raise in 2023—the largest in the history of the Egyptian Exchange (“EGX”).

The MBH team advising on the matter was led by Mohamed Abdel Fattah (Partner and Head of Capital Markets), and included Mohamed Galal (Counsel), Khaled Abd El-Wahab (Senior Associate), and Mohamed Qabel (Senior Associate).