Healthcare Providers and Services
Company Overview of Al Borg Laboratories
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
Founded in 1991
Key Executives for Al Borg Laboratories
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
Oct 15 12
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.
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