Orascom Construction

Africa Data Center Market Landscape 2024-2029: Market Primarily Sees Switches with Up to 40GbE Ports, Particularly in IT Infrastructure - ResearchAndMarkets.com

Retrieved on: 
Monday, May 6, 2024

Africa Data Center Market to reach $6.46 billion by 2029 from $3.33 billion in 2023, growing at a CAGR of 11.7%.

Key Points: 
  • Africa Data Center Market to reach $6.46 billion by 2029 from $3.33 billion in 2023, growing at a CAGR of 11.7%.
  • The Africa data center market primarily sees switches with up to 40GbE ports, particularly in IT infrastructure.
  • With the smart city initiatives gaining momentum, more investors are estimated to enter the data center market and invest in data center infrastructure.
  • What is the estimated market size in terms of area in the Africa data center market by 2029?

Orascom Development Holding AG: Welcomes Stuart Leven as New Chief Executive Officer of Hotels Management Division

Retrieved on: 
Wednesday, September 6, 2023

(Altdorf, Switzerland, 6 September 2023): Orascom Development announces the appointment of Stuart Leven as Chief Executive Officer of Orascom Hotels Management (OHM), the wholly owned subsidiary responsible for most hotel operations of the leading international developer of vibrant, integrated communities in Europe, the Middle East and North Africa.

Key Points: 
  • (Altdorf, Switzerland, 6 September 2023): Orascom Development announces the appointment of Stuart Leven as Chief Executive Officer of Orascom Hotels Management (OHM), the wholly owned subsidiary responsible for most hotel operations of the leading international developer of vibrant, integrated communities in Europe, the Middle East and North Africa.
  • Stuart will work closely with Joachim Schmitt, who retains operational leadership of Orascom Development’s portfolio of 33 hotels across three continents, along with responsibility for future new openings.
  • Joachim will take on the newly created role of Chief Operating Officer at OHM.
  • Supported by Joachim’s operational leadership, I’m confident that our hotels business is well positioned to continue building on the impressive growth achieved.”
    Stuart Leven, Chief Executive Officer of Orascom Hotels Management, said: “The visionary scale and masterful complexity of Orascom Development’s integrated towns are remarkable.

Africa Data Center Market Landscape 2023-2028: South Africa Leads the Way - Investments Dominate the Thriving Market - ResearchAndMarkets.com

Retrieved on: 
Monday, July 31, 2023

The "Africa Data Center Market Landscape 2023-2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Africa Data Center Market Landscape 2023-2028" report has been added to ResearchAndMarkets.com's offering.
  • Investments in the South Africa region dominated the Africa data center market, followed by emerging locations such as Nigeria and Kenya.
  • Egypt is one of the rapidly emerging markets in terms of regional investments, with several major African investors focusing on developing data centers.
  • In South Africa and Kenya, the government has partnered with private entities to develop digital infrastructure, increasing the demand for data centers.

Orascom Development Holding AG: appoints Wael Al Lawati as the New Chief Executive Officer of its Oman Destinations.

Retrieved on: 
Thursday, February 2, 2023

Orascom Development Holding AG: appoints Wael Al Lawati as the New Chief Executive Officer of its Oman Destinations.

Key Points: 
  • Orascom Development Holding AG: appoints Wael Al Lawati as the New Chief Executive Officer of its Oman Destinations.
  • Orascom Development appoints Wael Al Lawati as the New Chief Executive Officer of its Oman Destinations.
  • Altdorf, Switzerland – 31 January 2023: Orascom Development Holding announces today the appointment of Wael Al Lawati as the new CEO of Muriya, including the awarding-winning communities of Jebel Sifah and Hawana Salalah.
  • Omar El Hamamsy, Group CEO of Orascom Development, said, “I am pleased to welcome Wael Al Lawati as our new CEO of Muriya and leading our destinations in Oman.

North Korea Telecoms, Mobile and Broadband Statistics and Analyses 2022 - ResearchAndMarkets.com

Retrieved on: 
Monday, June 20, 2022

The "North Korea - Telecoms, Mobile and Broadband - Statistics and Analyses" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "North Korea - Telecoms, Mobile and Broadband - Statistics and Analyses" report has been added to ResearchAndMarkets.com's offering.
  • Egyptian mobile operator Orascom was the private sector partner with government-owned North Korea Post and Telecommunication Company (NKPTC) that set up the country's 3G mobile network, Koryolink, in 2008 following the demise of the Sunnet GSM service that same year.
  • Unfortunately for the majority shareholder, the North Korean government prevented Orascom from repatriating its share of the profit for the full value.
  • Negotiations are continuing for Koryolink to become merged with one of the other state-owned mobile operators (Byol), but the final outcome inevitably involves all of North Korea's mobile services moving under state control.

DGAP-News: cyan AG: Adrian Shatku appointed to the Supervisory Board

Retrieved on: 
Thursday, January 27, 2022

Munich, January 25, 2022 - cyan AG announces that Adrian Shatku has been appointed to the Supervisory Board of cyan AG.

Key Points: 
  • Munich, January 25, 2022 - cyan AG announces that Adrian Shatku has been appointed to the Supervisory Board of cyan AG.
  • Stefan Schtze, Chairman of the Supervisory Board of cyan AG: "With Adrian Shatku we welcome an experienced global entrepreneur and senior executive with deep knowledge and experience into telecom ecosystem, who perfectly complements the expertise represented on the Supervisory Board.
  • Frank von Seth, CEO of cyan AG: "Adrian Shatku brings incredible experience and quality to the Supervisory Board of cyan.
  • Adrian Shatku, Founder UNIFI: "I am honored to serve in cyan and exited to bring my 20 plus years of entrepreneurial and disruptive innovation experience into cyan's Supervisory Board.

Thermal Management Technologies Market Expected to Reach $20 Billion By 2024

Retrieved on: 
Tuesday, November 30, 2021

This has led to a significant increase in the power consumption of the system.A report from Grand View Research said that the global thermal management technologies marketsize is expected to reach USD 20.14 billion by 2024, according to a new report by Grand View Research, Inc.

Key Points: 
  • This has led to a significant increase in the power consumption of the system.A report from Grand View Research said that the global thermal management technologies marketsize is expected to reach USD 20.14 billion by 2024, according to a new report by Grand View Research, Inc.
  • The Grand View research report said: "Advanced technological research is expected to produce more efficient and cost-effective thermal management solutions in the future.
  • The key industry participants are extensively focusing on the development of optimized thermal management solutions that are cost-effective and are applicable across a range of end-use applications.
  • "KULR's heritage is hardware thermal energy management components incorporating our patented carbon fiber architecture," stated KULR CEO Michael Mo.

Thermal Management Technologies Market Expected to Reach $20 Billion By 2024

Retrieved on: 
Tuesday, November 30, 2021

This has led to a significant increase in the power consumption of the system.A report from Grand View Research said that the global thermal management technologies marketsize is expected to reach USD 20.14 billion by 2024, according to a new report by Grand View Research, Inc.

Key Points: 
  • This has led to a significant increase in the power consumption of the system.A report from Grand View Research said that the global thermal management technologies marketsize is expected to reach USD 20.14 billion by 2024, according to a new report by Grand View Research, Inc.
  • The Grand View research report said: "Advanced technological research is expected to produce more efficient and cost-effective thermal management solutions in the future.
  • The key industry participants are extensively focusing on the development of optimized thermal management solutions that are cost-effective and are applicable across a range of end-use applications.
  • "KULR's heritage is hardware thermal energy management components incorporating our patented carbon fiber architecture," stated KULR CEO Michael Mo.

Plug Power Selected by Fertiglobe’s Green Hydrogen Consortium to Deliver 100MW Electrolyzer for Green Ammonia

Retrieved on: 
Wednesday, November 24, 2021

Plug Power congratulates the members of Egypts Green Hydrogen Consortium, including Fertiglobe, Orascom Construction and others, on their plans to develop the countrys first green hydrogen production facility, said Andy Marsh, CEO of Plug Power.

Key Points: 
  • Plug Power congratulates the members of Egypts Green Hydrogen Consortium, including Fertiglobe, Orascom Construction and others, on their plans to develop the countrys first green hydrogen production facility, said Andy Marsh, CEO of Plug Power.
  • We are thrilled by the Consortiums exciting move to put Egypt and the MENA region on the green hydrogen map.
  • Plug Power is aggressively pursuing an extensive sales pipeline of green hydrogen and green ammonia projects.
  • We continue to establish meaningful global partnerships in the green hydrogen economy where we can deliver our commercial electrolyzer solutions.

Hitachi ABB Power Grids Consortium Awarded Major Contract

Retrieved on: 
Wednesday, October 6, 2021

At Hitachi ABB Power Grids, we are enabling interconnections between continents, with unique capability to reliably exchange electric power at scale, across borders and time zones."

Key Points: 
  • At Hitachi ABB Power Grids, we are enabling interconnections between continents, with unique capability to reliably exchange electric power at scale, across borders and time zones."
  • For example, Hitachi ABB Power Grids was involved in the go live of the North Sea Link that was put into commercial operation earlier this month.
  • About Hitachi ABB Power Grids Ltd.
    Hitachi ABB Power Grids is a global technology leader with a combined heritage of almost 250 years, employing around 36,000 people in 90 countries.
  • With a proven track record, global footprint and unparalleled installed base, Hitachi ABB Power Grids balances social, environmental and economic values.