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Beltone Invests to Bring Areeka and Lychee to Saudi Arabia with 5 New Riyadh Stores

Beltone Venture Capital, part of Beltone Holding, is boosting its investments in Egyptian brands Areeka and Lychee. This exciting move aims to help them expand into Saudi Arabia, starting with five new branches in Riyadh. It's all part of Beltone's bigger strategy to turn promising Egyptian companies into major regional players across the Middle East and North Africa.

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Beltone Invests to Bring Areeka and Lychee to Saudi Arabia with 5 New Riyadh Stores

Beltone Venture Capital, a subsidiary of Beltone Holding, announced it's increasing its investments in Areeka and Lychee. This is part of a plan to support the expansion of both brands into Saudi Arabia, with five new branches set to open in the capital, Riyadh, in the coming phase. This information comes from a company statement sent to the Egyptian Exchange. Beltone explained that this move is part of its strategy to help promising Egyptian companies grow into regional brands by providing the necessary financial and strategic support for expanding into foreign markets and boosting their competitiveness in the region.

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