Egypt’s Beltone Financial aims to list index fund on Nasdaq Dubai

CAIRO

Egypt’s Beltone Financial aims to quadruple the value of its index fund from 55 million Egyptian pounds ($3.11 million) and list it on the Nasdaq Dubai exchange, the company’s asset management director said.

“We’ve been working over the past three months on listing the index fund on the Nasdaq Dubai. It’s going to be a good step for Egypt and it’s going to attract a lot of investments to the Egyptian financial markets,” Kareem Naema told Reuters.