Emarati investor buys almost 3.5% share in Egypt Beltone

Sheikh Khaled Zayed S. Al Nehayan, Chairman of Dubai listed AlFirdous Holding, raised his holding in Cairo listed Beltone Financials, to 3.48 percent, the company said in a statement to Egypt's bourse on Monday.

Al Nehayan bought almost 1.5 million shares for LE18.59 per share last Thursday.

Beltone financial is a middle east investment bank based in Egypt. Its share price increased 2.31 percent to LE18.95 at 2.07 p.m. Cairo Local Time on Monday.