APOLLO Insurance secures CAD 18.5Mln to launch FinShore BNPL subsidiary

APOLLO Insurance Raises CAD $18.5 Million to Launch FinShore Buy-now-pay-later Subsidiary (Representational Image from Freepik)

APOLLO, a Canadian digital insurance provider and leading innovator in the emerging embedded finance sector, announced the creation and launch of FinShore, a wholly owned buy-now-pay-later subsidiary. FinShore provides a fully embedded monthly payment option to over 100,000 Canadians insured with APOLLO. The financing for the new company was provided by Fair Capital Partners Inc. […]

Egyptian banks driving the country’s new financial system

Continent-of-Africa-Image-by-Freepik

The latest reports in 2023 indicate that the Egyptian banking sector is the second largest one in Africa after South Africa. Egypt’s GDP in 2021 was approximately USD 403 billion and secured the third spot after South Africa and Nigeria. The World Bank has recognised the stability and tenacity of the Egyptian banking industry, which […]

Aramco built two Offshore Manufacturing Yards in cooperation with International Partners

The Saudi Arabian Oil Company (“Aramco” or “the Company”), in collaboration with international partners, is establishing two offshore fabrication yards that aim to deliver a more than 200 percent increase in the Kingdom of Saudi Arabia’s offshore fabrication capacity. The new yards are being constructed in Ras Al Khair in collaboration with National Petroleum Construction […]