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Beltone Launches Brokerage Operations in Libya

Beltone Securities International will provide trading services on the Libyan Stock Exchange to its Libyan, regional and international clients.

“Beltone is providing a full array of investment banking services to its clients in Libya, encompassing: securities brokerage; equity research; investment banking; as well as asset management and private equity,” said Khaled Hilal, managing director of Beltone Securities International.”

“The breadth of Beltone’s services in Libya should help to contribute positively to the growth of the Libyan economy and to the growth and profitability of Libyan companies,” 
he added.

“Libya’s changing social and political climate has signalled that it is the right time to invest in Libya. Libya’s economy is growing rapidly as a consequence of increased infrastructure spending, improved local consumption and foreign direct investment. In addition, increasing revenues from tourism and a fast-expanding industrial and services sector is pushing economic growth across the wider economy,” said Aly El-Tahry, Chairman of Beltone Financial Holding. — business@khaleejtimes.com