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Orange Business Services, the business services arm of France Telecom-Orange, has announced the launch of a joint venture company in Qatar to capitalise on the Gulf state's expansion plans.
EGN LLC, which will trade in Qatar as Orange Business Services, has been established in partnership with Sheikh Fahad Bin Ghanem [Al Abdul Rahman] Al Thani as the majority shareholder.
Through the new company, Orange Business Services will address "significant ICT market opportunities" in Qatar, the company said in a statement.
The launch of the new joint venture company in Qatar is the most recent local company established by Orange Business Services in the Middle East and Africa (MEA) region and is the first of its kind dedicated to large systems integration programmes and operations.
It follows the launch of a company in Saudi Arabia last year under a growth strategy focused on the developing markets in MEA.
Orange Business Services said it has a strategic focus on emerging markets where it seeks to generate one billion euros in revenues by 2015.
Orange Business Services has also announced the appointment of Antoine Farah as general manager of the company in Qatar, along with a team of senior professionals to qualify, design and build targeted projects.
It said the new team will target business sectors including oil and gas, government sector projects, telecom company systems integrators, new cities and large infrastructure projects.
Sheikh Fahad said: “This new joint venture company is a very significant step that will support the development of world class ICT infrastructure in Qatar, and the broader economy, as a partner for the long term, bringing new technology and complex integration capability.”
Philippe Koebel, senior vice president, Emerging Markets and Indirect, Orange Business Services, added: “We are delighted to announce the launch of this joint venture company in Qatar, which comes as Orange is accelerating its growth strategy in the Middle East, following another strong performance in 2012.
"This new local company is a clear sign of our commitment to the Qatari market and to developing the ICT infrastructure of Qatar by offering and supporting new and advanced ICT services and solutions to the public and private sectors.”
Orange Business Services supports more than 500 multinational companies in Middle East and Africa, the statement added.
Could you imagine what would happen if a large proportion of the educated, professional worker population suddenly left (let alone the domestic workers... more
Friday, 24 May 2013 1:26 PM - Khalid@both, the world is not the same all over; thankfully, the citizens of one country view things differently than another. Europe allowing something does... more
Friday, 24 May 2013 1:25 PM - SAM
Deferred payment, in other words, never going to pay back.
Just ask Egypt or Iraq or the long list of recipients of deferred payments.
As much as I love the UAE, this will be a problem for them in the future. Lets look at this from any democratic Country on Earth. If I decided not to turn... more
Wednesday, 22 May 2013 11:56 AM - Ty SayCould you imagine what would happen if a large proportion of the educated, professional worker population suddenly left (let alone the domestic workers... more
Friday, 24 May 2013 1:26 PM - Khalid@both, the world is not the same all over; thankfully, the citizens of one country view things differently than another. Europe allowing something does... more
Friday, 24 May 2013 1:25 PM - SAM
Top managment greed is one of the main reasons that caused the 2008 crises. hope i delivered the message..
more
As much as I love the UAE, this will be a problem for them in the future. Lets look at this from any democratic Country on Earth. If I decided not to turn... more
Wednesday, 22 May 2013 11:56 AM - Ty SayCould you imagine what would happen if a large proportion of the educated, professional worker population suddenly left (let alone the domestic workers... more
Friday, 24 May 2013 1:26 PM - Khalid
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