September 18, 2014 2:35 PM ET

Healthcare Providers and Services

Company Overview of Al Borg Laboratories

Company Overview

Al Borg Laboratories provides medical-laboratory services in the Middle East. The company provides various conventional and non-conventional tests that help predict, diagnose, and monitor various disease. It offers basic tests, such as glucose testing for diabetes; hepatitis and influenza testing by PCR technique; genetic based testing, such as karyotyping (chromosome-based) testing through routine chromosomes, DNA testing, and cancer chromosomes; and HLA testing for tissue and bone marrow transplantation process. The company also provides services, such as house calls, E-services, and results delivery. It serves contractual clients, including national and international corporations, health ...

55, Abdel Monem Reyad Street

Mohandeseen

Giza,  12411

Egypt

Founded in 1991

Phone:

20 2 33055097

Fax:

20 2 33454260

Key Executives for Al Borg Laboratories

Chief Operating Officer
Head of Hematology Department
Deputy Chief Executive Officer
Head of Pathology Department and Information Technology Administrator
Compensation as of Fiscal Year 2014.

Al Borg Laboratories Key Developments

Al Borg Laboratories Seeks IPO

Abraaj Capital plans to sell its shares in Al Borg Laboratories in 2013, Mustafa Abdulwadood, Chief Executive Officer of Abraaj Capital, said. Mustafa Abdulwadood told Reuters, "An IPO (initial public offering) of Al Borg seems to be the most natural exit route for us. The company has been self funded for some time and the IPO will guarantee funding for its future growth. We keep our options open for the listing. There has to be an international aspect to that. I can think of London as one option." Mustafa Abdulwadood added that Abraaj plans to sell part of its 50% stake in Al Borg in the IPO and the remaining stake to a strategic investor.

Similar Private Companies By Industry

Company Name Region
Molecular Biology Lab Middle East/Africa
El Warasa Medical Center Middle East/Africa
Al Mokhtabar Laboratories Middle East/Africa
Dar Al Fouad Hospital Middle East/Africa
Al Borg Laboratories Middle East/Africa

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