Orascom Group

OTV Announces Close of $170M Venture Fund for Digital Health Growth

Retrieved on: 
Thursday, December 3, 2020

OTV is the only venture capital fund in Israel whose primary focus is digital health, specializing in supporting their portfolio companies reach maturity, refine execution, tackle regulatory hurdles and ensure a global imprint on validated products.

Key Points: 
  • OTV is the only venture capital fund in Israel whose primary focus is digital health, specializing in supporting their portfolio companies reach maturity, refine execution, tackle regulatory hurdles and ensure a global imprint on validated products.
  • Over the course of the past five years, OTV has prioritized investment in digital health companies that develop cutting-edge solutions to today's most pressing healthcare problems.
  • OTV's portfolio includes some of the world's highest-profile digital health leaders, including TytoCare , Lemonaid Health , Emedgene , Scopio and Donisi Health .
  • OTV is committed to investing in innovative digital health startups focused on providing tech solutions which strengthen the world's health and wellbeing infrastructure.

Mitsubishi Corporation Signs Contract with Egyptian Government for Phase 1 of Cairo Metro Line 4

Retrieved on: 
Tuesday, November 24, 2020

TOKYO, Nov 24, 2020 - (JCN Newswire) - Mitsubishi Corporation (MC) is pleased to announce that its consortium with Orascom Construction (Orascom) etc.

Key Points: 
  • TOKYO, Nov 24, 2020 - (JCN Newswire) - Mitsubishi Corporation (MC) is pleased to announce that its consortium with Orascom Construction (Orascom) etc.
  • has signed a contract with the Egyptian government to deliver the Railway Systems, Track and Depot Works Package (CP411) for Phase 1 of Cairo Metro Line 4.
  • Funded through an international yen loan provided by the Japan International Cooperation Agency (JICA), Phase 1 of Cairo Metro Line 4 project including CP411 will take advantage of advanced railway technologies developed in Japan.
  • Phase 1 of Cairo Metro Line 4 will run from central Cairo to the Giza Pyramid Complex in the southwestern part of Greater Cairo.

Algeria Mobile Infrastructure, Broadband, Operators Statistics and Analyses 2019 - ResearchAndMarkets.com

Retrieved on: 
Friday, August 23, 2019

The "Algeria - Mobile Infrastructure, Broadband, Operators - Statistics and Analyses" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Algeria - Mobile Infrastructure, Broadband, Operators - Statistics and Analyses" report has been added to ResearchAndMarkets.com's offering.
  • This report reviews Algeria's mobile market, providing analyses on operator strategies and recent spectrum licensing.
  • Mobile subscriber growth in Algeria returned in 2016 having been stagnant in the previous year.
  • There is also intensifying price competition between the three MNOs Algerie Telecom's Mobilis, Orascom's Djezzy, and Wataniya's Ooredoo Algeria.

UPDATE: Consortium of Bombardier Transportation, Orascom Construction and Arab Contractors wins contract to supply and operate two monorail lines in Egypt

Retrieved on: 
Tuesday, August 13, 2019

Now that the contract signing has been concluded and is legally binding, the precise value of the contract can be communicated.

Key Points: 
  • Now that the contract signing has been concluded and is legally binding, the precise value of the contract can be communicated.
  • Based on the latest currency conversions, the total value of the design, build and O&M contract is approximately 3.72 billion euro ($4.16 billion US).
  • Combined, Orascom Construction and Arab Contractors share of the overall contract is valued at approximately 1.36 billion euro ($1.52 billion US).
  • Headquartered in Berlin, Germany, Bombardier Transportation employs around 40,650 people and its products and services operate in over 60 countries.