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Aman launches securitization branch with first issue of $ 26.39 million in 3 months

Egypts Aman Group, one of the leading FinTech companies in the Egyptian market, has announced the establishment of Aman Securitization company. The Gr

Egypts Aman Group, one of the leading FinTech companies in the Egyptian market, has announced the establishment of Aman Securitization company. The Group also expanded into two new financing sectors, namely nanofinance, with a maximum of EGP 3,000 to support marginalized groups, and Islamic finance, which is very popular in Egypt. Ahmed ElKhatib, CEO and Managing Director of Aman Microfinance, said, Aman Microfinance is committed to helping small and medium enterprises thrive and maintain continuity in the face of crises and rapid changes in the business world, and to achieve sustainability. We also want to continue to develop and invest in these services to support the nonbanking financial sector and achieve financial inclusion. Hazem Moghazy, CEO and Managing Director of Aman Financial Services, said The Group is committed to providing a comprehensive platform for financial services to customers of all categories. Read More..

B2B Tech News | 2 years ago          

According to IBM, the average cost of a data breach for Canadian companies surveyed was $7 million

During the 12 months ending in March, the 25 Canadian companies that were compromised paid an average of $7 million per incident to recover. By estima

During the 12 months ending in March, the 25 Canadian companies that were compromised paid an average of $7 million per incident to recover. By estimation, the average value of the 550 companies surveyed worldwide was $5.5 million all in Canadian dollars. These figures are in the latest annual cost of data breach study by IBM and the Ponemon Institute, released today. The massive cost elements of a data breach are the cost of detection and recovery including finding affected systems and loss of business. ORegan said the increase in telecommuting since the pandemic was the latest factor in the data breach. Read More..

B2B Tech News | 2 years ago          

Root Global, based in Berlin, raises € 2.5 million to decarbonise the global food system

31% of global anthropogenic greenhouse gas GHG emissions come from the global agrifood system. Roots vision is to become a CO2 monitoring system for t

31% of global anthropogenic greenhouse gas GHG emissions come from the global agrifood system. Roots vision is to become a CO2 monitoring system for the food industry, driving all decisions that could affect a companys emissions performance and thereby generating revenue. To this end, the Berlinbased startup has now raised 2.5 million euros. Today, our food system emits 16.5 billion tonnes of carbon equivalent. This means that almost 1 in 3 tons enters the atmosphere. The preseed round was led by Project A with the participation of Nucleus and a large group of angel investors. The funds will be used to develop the first full version of the product for the food industry. Read More..

B2B Tech News | 2 years ago          

Singapores Keppel posts 66% increase in halfyear profits as businesses recover

Keppel Corp reported a 66% rise in firsthalf profit on Thursday, helped by higher earnings across most of its main businesses. The Singaporean conglom

Keppel Corp reported a 66% rise in firsthalf profit on Thursday, helped by higher earnings across most of its main businesses. The Singaporean conglomerate traces its roots to a small ship repair yard corporatized in 1968. It posted a net profit of S$498 million for the six months to Jun 30, compared to S$300 million a year earlier. Keppel Corp has proposed an interim dividend of 15 Singapore cents per share, compared with 12 Singapore cents a year earlier, boosted by strong performances from its renewable energy and asset management units. Read More..

B2B Tech News | 2 years ago          

The cabinet has approved a BPCL unit to invest Rs 12,000 crore in developing Brazils oil fields

Bharat PetroResources Ltd BPRL has received additional funding of $1,600 million from the Union Cabinet Committee on Economic Affairs CCEA for the gro

Bharat PetroResources Ltd BPRL has received additional funding of $1,600 million from the Union Cabinet Committee on Economic Affairs CCEA for the growth of the BMSEAL11 Concession Project in Brazil. The Cabinet also gave BPRL, a wholly owned subsidiary of Bharat Petroleum Corporation Limited BPCL, permission to increase the cap on BPCLs equity investment and the permitted share capital of the company. Brazilian crude oil is a source of interest for Indian oil companies. Read More..

B2B Tech News | 2 years ago          

Ivanti extends the Neurons platform to optimize the digital employee experience

Ivanti Neurons for Digital Experience helps IT teams to better understand, measure, and improve their digital employee experience. It uses hyper autom

Ivanti Neurons for Digital Experience helps IT teams to better understand, measure, and improve their digital employee experience. It uses hyper automation to provide realtime intelligence across all assets in the Everywhere Workplace, including every endpoint and the IoT edge. Ivanti Neurons is the only vendor that sits at the convergence point of endpoint and network security, IT service and asset management, and Unified Endpoint Management. The companys platform provides a seamless employee experience across all devices and realtime contextual intelligence. The company will use its preticket and postticket interactive technology, extensive remediation through its nocode and lowcode platform, and provide realtime contextual intelligence. Digital Employee Experiences provide essential visibility that accelerates the achievement of organizations goals, says Steve Brasen, Research Director with Enterprise Management Associates. Read More..

B2B Tech News | 2 years ago          

North America Educational Robot Market Report 2022 Increasing Focus Towards STEM Education

North America Educational Robots Market Forecast to 2028 Regional Analysis by Impact and Type Humanoid & NonHumanoid and Application Primary, Seconda

North America Educational Robots Market Forecast to 2028 Regional Analysis by Impact and Type Humanoid & NonHumanoid and Application Primary, Secondary, Higher Education & Other COVID19, ResearchAndMarkets report added. Com supplied. The nonhumanoid segment will dominate the North American educational robots market during 20202028. The education technology industry is growing at an impressive pace in the United States due to high adoption by end users and increased investment and funding for startups. But with the ongoing pandemic and school closures in major North American countries, schools and universities continue to offer distance learning through virtual classrooms, online exams, and assessment tools. Read More..

B2B Tech News | 2 years ago          

Telenet reports main profit down 3% in the first half

Telecoms company Telenet reported a 3% drop in its core profit in the first half of the year due to inflation and high energy prices. The group repor

Telecoms company Telenet reported a 3% drop in its core profit in the first half of the year due to inflation and high energy prices. The group reported adjusted earnings before interest, tax, depreciation, and amortization EBITDA of €670.6 million $684.1 million for the six months that ended June 30. The sale of Telenets telecommunications tower business resulted in a net profit of €793.4 million, an increase of 275%. Telenet has confirmed its outlook for the full year and is looking forward to a strong second half in terms of both revenue and adjusted EBITDA. Read More..

B2B Tech News | 2 years ago          



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