24. Beltone Holding
Sector: Financial Services
Group CEO & Managing Director: Dalia Khorshid
Market Value: $685 million
Beltone Holding operates across brokerage, investment banking, asset management, private equity, and non-banking financial services. As of September 2025, it managed $640 million in assets under management and reported a total lending portfolio of $811 million. The group expanded its regional footprint in 2025, with its venture capital arm completing two equity transactions in Morocco. In February 2026, Beltone strengthened its Africa exposure with the $233 million acquisition of Baobab, a digital microfinance provider. UAE-based Chimera Investment is the company’s largest shareholder, holding a 56.5% stake.