OTVentures a new company of Orascom Telecom

OTVentures a new addition to the Orascom Telecom companies aiming to lead the digital world in Online and Mobile.

OTVentures will be the proud holding company of the following companies:  Arab Finance, ARPU Plus, Connect Ads, Link Data Center, Link Development and Link Online. Hanan Abdel Meguid changed roles and is the designated CEO leading the newly founded OTVentures.

As a fully owned Orascom Telecom Subsidiary, OTVentures, with its 700 team members operating across over 17 countries, will be in charge of moving fast to grow innovation in our markets and in close partnership with all the other subsidiaries of the group.

Khaled Bichara CEO Orascom Telecom stated: “I am personally very proud of this upcoming challenge and I consider OTVentures to be the driving force and the tool for better serving our clients in diversified fields, offering greater value added services under a stronger integrated fast growing company”

OTVentures companies are already leading players in their own domains across North Africa, Middle East and Europe. ARPU+ is a leader in providing Mobile Value Added Services, Connect Ads a leading digital advertising agency, LINKonLINE a leader in Online content with sites like Masraway.com and YallaKora.com and others, Link Development a leader in Software Development, Link Data Center a leader in hosting services and Arab Finance is a leader in online financial services. The synergy and focus of these leading players signals to the digital world that the Big just got bigger.

OTVentures focus will continue to drive exciting services aiming to enrich Arabic content, Online Cloud Services and Mobile Applications for both users and businesses.

“I am very confident that OTVentures focus will continue to nurture its companies as leaders in their own domains” Stated Karim Beshara, CEO of LINKdotNET “And there is nothing better than knowing that someone you really trust, and confined in such as Hanan Abdel Meguid who has always been an integral part in the evolution of our business, becomes appointed as the CEO of this new born Star”

Hanan A. Meguid, CEO of OTVentures stated: “I am enormously proud to be part of this, proud to say to each one of you that OTVentures is the lab for innovation that would use its unique culture of passion for technology, amazing team work, excellence and innovation to build a new wave of success and prove to the world that with our local hands and expertise we will define the digital future of our country and region..”

LINKdotNET has reached a maturity level on both the ISP (internet service provider) level and the Digital expansion level, leading to the creation of OTVentures coinciding with the independence of the ISP business (being acquired by Mobinil on Sunday 4th July).