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ARABIA500 GROWTH ENTREPRENEURS OF JORDAN & PALESTINE CELEBRATED

posted on May 08, 2013

ON ARABIA500 JORDAN COMES FOURTH & HAS GREATEST NUMBER OF WOMEN ENTREPRENEURS   

AllWorld & IFC release five videos of success strategies of AllWorld Entrepreneurs.

Amman, Jordan, 9 May 2013…From technology to animation to adventure travel, Jordan and Palestine is home to a host of rising entrepreneurial stars. The Jordan and Palestine winners of the AllWorld Arabia500 highlight private companies with proven track records of growth.   Any private company was invited to compete on line for a spot on the Arabia500, and the fastest growing vetted companies became the winners of the Arabia500. 

The AllWorld Jordan winners bring to life the country’s knowledge economy with strengths in software, gaming, web communities, e-commerce, animation, telecom, health and education. There is also a strong presence of green companies on mission to preserve Jordan’s natural environment and Jordan has the most number of women entrepreneurs (26 percent) of any of the AllWorld country ranking in the Middle East and Africa. 

The Arabia500 covers the Middle East, North Africa, Turkey and Pakistan, and Jordan came in fourth for number of growth companies after the much larger economies of Turkey, Pakistan and the UAE, but ahead of Saudi Arabia.  The Jordan winners collectively employ close to 3000 people, creating most of those jobs since 2009, and have been growing on average 90 percent between 2009 and 2011.  The Jordan companies are the youngest of the Arabia500, with most of the companies younger than three years old.  Also reflecting the small size of the country, the Jordan winners have the smallest average revenue size of a country, averaging $4.3 million USD in revenues per company.  

AllWorld Network, along with the Business Development Center (BDC) and #1 Jordan winner Rubicon Holding Group (RGH), hosted the Awards Ceremony where each company was recognized and the group heard how RGH grew from a start up to #1 on the Jordan Arabia500 ranking. 

“The winners exemplify a new breed of dynamic and resilient entrepreneurs who are tackling the problems of growth, job creation and economic diversification in new and innovative ways,” said Anne Habiby, Co-CEO of AllWorld.

The event took place at King Hussein Business Park where RGH is headquartered, and was attended by the Jordan and Palestine Arabia500 winners plus AllWoeld partners including,  Akhtaboot, American Chamber of Commerce Jordan , Arabian Business Consultants for Development, Badya Transmedia, BDC, BPWA, Empretec, Endeavor Jordan, Grofin, int@j, iPark, JEDCO, Maharat, MenaApps, Migrate, Mowgli, PITA, Queen Rania Center for Entrepreneurship, Silicon Badia and YEA.

“BDC is a strong advocate of innovation and growth through the lens of entrepreneurship and by partnering with AllWorld we hope to recognize the entrepreneurial excellence that lies within Jordan and the region and put them on the world map,” stated Nayef Stetieh of BDC.

The top winners from Jordan include:

#1 women-owned Rubicon Holding Group (RHG) was founded by Randa Ayoubi.  Since its founding in 1994, RGH has become a global trans-media company with 450 employees and a 673 percent growth rate between 2009 – 2011.  New generation thinkers work side by side with entertainment industry veterans to produce responsible, captivating family entertainment.  RGH’s activities include film animation, 3d training programs, educational gaming, and entertainment-driven real estate development.

Speaking at the event, Ghassan Ayoubi, RGH Executive Director for the Gulf said. “Winning this particular award demonstrates that our business has established itself as a leader across its divisions in entertainment, education, gaming and themed entertainment, and that we have the scope and strength for long term success. It is testament to our creative and talented team who have produced and designed the pioneering projects that helped RGH grow from its regional roots into a globally respected player, and for this reason the AllWorld Network has been the perfect recognition and we are proud to be part of their entrepreneurial network.”

#2 EcoHotels is one of the top eco-lodges in the world as recognized by National Geographic Traveler. The 26 room solar-powered EcoHotel is set in the Dana nature reserve and is the only eco-lodge in Jordan that is not connected to the power grid.  Founder Nabil Tarazi has watched his company grow over the past three years 203 percent and has plans to open up a chain of EcoLodges.

#1 Palestinian company is Al Nasher Technical Services and has a three-year growth rate of 12 percent. Founded in Ramallah, Palestine in 1990, Al Nasher is one of the leading advertising, public relations and marketing agencies with 80 employees. Given its conflict-ridden location, corporate social responsibility is part of Al Nasher’s business philosophy and Al Nasher offers media and communications training for citizens and civic organizations to develop their communities.

Twenty-six percent of the Jordan AllWorld companies, 11 companies, are women-owned and their average three-year growth rate is 150 percent, outpacing the full Jordan group with an average growth rate of 90 percent.  Three women founded companies are in the top 10, including #1 company RGH.  The #5 company is Naratech Pharmaceutical Consultancy, which was founded by Dr. Nadia Ghazal in 2009. Naratech is an innovative pharmaceutical consultancy and training firm with a distinguished track record in product development and formulation.  The #8 company Better Business was founded by Abeer Qumseieh in 2003.  Better Business specializes in building service cultures in its clients companies by providing expertise in capacity building and workforce management through training and development.

At the event, AllWorld Network and IFC, a member of the World Bank Group, released five videos of AllWorld winners to inspire entrepreneurs around the world. The videos discuss topics of importance to entrepreneurs at any stage of growth and in any country: The Opportunity of Challenges, Building the Right Team, Financing Strategies, Defining Strategy, and Networking &Visibility.  The project was created to provide these fast-growing SMEs visibility on a global scale; to expose strategies used by these successful entrepreneurs who grow despite political and economic challenges; and to showcase these videos on the SME Toolkit Platform (www.smetoolkit.org) for educating and inspiring SMEs.

“Through our partnership with the IFC, thousands of SMEs around the world will be able see the success strategies of AllWorld companies and gain valuable insights on how to grow a business in the emerging world,” said Deirdre M Coyle, Jr., Co-CEO of AllWorld.

AllWorld was co-founded by Harvard Business School Professor Michael E. Porter, Coyle and Habiby to bring visibility to growing companies in emerging markets to increase their odds of success. Any private, non-listed, company with rapid sales growth and an ability to demonstrate results with audited financial statements is invited to apply to an AllWorld ranking.   Applications for the 2013 Arabia500 are on line at AllWorldlive.com.

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Contact: Deirdre M. Coyle, Jr
USA #: +617 504 4547
Email: dcoylejr@allworldlive.com

Media Update: Nigeria50 Break Entrepreneurial Records

posted on Mar 28, 2013

Tony Elumelu Foundation and AllWorld Network Honour Entrepreneurs With The Inaugural Nigeria50 Awards

We are committed to developing the future leaders of industry in Africa,” said Elumelu, “The Tony Elumelu Foundation has dedicated itself to the promotion of entrepreneurship, and the creation of an enabling environment for business leaders to reach their maximum potential and transform their communities. This is how economic prosperity for all will be achieved.” He added. More pictures at Onobello.com 

  

Nigerian companies break entrepreneurial records

The event was hosted by Tony Elumelu Foundation and US based AllWorld Network, which ranks dynamic fast-growing private companies globally. It was attended by an audience of 350 entrepreneurs and business and government leaders including Chairman of Heirs Holdings, Tony Elumelu and the world renowned Harvard Business School Professor and Chairman of AllWorld Network, Michael Porter. Nationalmirroronline.com, National Mirror, Page 33

 

 

NIGERIA FAST GROWTH 50 BREAK ENTREPRENEURIAL RECORDS

posted on Mar 21, 2013

Entrepreneurial companies growing at over 100 percent a year and represent 15 industries

Nigeria50 is a window into the country's potential for economic diversification and economic democracy.

Lagos, Nigeria, 21 March 2013…Today, AllWorld Network in partnership with The Tony Elumelu Foundation announced the winners of the Nigeria Fast Growth 50 (Nigeria50), a ranking of 50 of the fastest growing private (non-listed) companies in Nigeria.  The Nigeria50 broke AllWorld records, with each company growing at an average 100% a year on revenues of $9 million USD, and as a group they have created 6,600 jobs, and if they continue growing, will create thousands more in the next few years.  The Nigeria50 offer a glimpse into the country’s vast potential for entrepreneurs, and the impact entrepreneurs are having in addressing the country’s problems from malnutrition to job creation and employee training. 

Companies were invited to compete for a spot on the Nigeria50, and those with the fastest revenue growth between 2009 and 2011 made the inaugural ranking.  Thousands of emails were sent to companies around the country inviting them to apply.  Each company had to provide audited statements to confirm their revenues and each applicant’s business practices and ethics were strenuously vetted by AllWorld.  The fastest growing and most transparent became the Nigeria50.

The inaugural winners were announced worldwide at the Nigeria50 Awards & Summit in Lagos in front of an audience of 350 entrepreneurs and business and government leaders including The Honourable Minister of Trade and Investment, Olusegun Aganga; Tony O. Elumelu C.O.N., Chairman of Heirs Holdings and Michael Porter the world-renowned Harvard Business School Professor and Chairman of AllWorld Network.

The Nigeria50 broke many AllWorld records in relation to 15 other country rankings throughout the Middle East, Turkey and South Asia in terms of growth rates, the size of companies and diversity of industries.  Many of the companies have been founded in the last ten years, and have already grown to be leaders in their industry. An average of only 46 years old, most Nigeria50 entrepreneurs plan to establish another company in the next two years.  Despite the political instability and the lack of the right infrastructure in some parts of Nigeria, the Nigeria50 confidently stated that the opportunity of growth for them is within their own country. While some are looking to expand further into West Africa, the entrepreneurs see that Nigeria, with its population of 162 million, is the place to expand. 

The Nigeria50 realize that the strength of their businesses stems from the strength of the local Nigerian talent. Hence, they actively invest in training their employees, and they have encouraged more than 100 employees to spin off as entrepreneurs.  Says Tunde Okayo of Lange and Grant Commodities Ltd, #45 winner “we attract great employees by the kind of projects we embark on. Our type of products fascinates young and talented individuals and our work life balance is one of the most attractive and retaining strategies.” 

Nigeria also had the most number of women entrepreneurs of any AllWorld list at 16 percent, and 11th ranked U-Connect Telecom Services Ltd topped the list of the fastest growing women entrepreneurs and well as taking the prize as the largest employer of the Nigeria50, with growth of 549 percent and 1,352 employees.

Michael Porter, who was described by the Times of London as the world’s “most influential management guru”, and is widely regarded as the foremost authority on company and country competitiveness, emphasized that; “It is entrepreneurs who are going to change the developing world, not governments. The Nigeria50 companies represent the leading edge of a new approach to the region’s competitiveness.”

The Nigeria50 was an unprecedented partnership between AllWorld Network, the Tony Elumelu Foundation, and nominating partners UBA, Jobberman, Fate Foundation, Nigerian-American Chamber of Commerce, Lagos Chamber of Commerce, Nigeria Employers’ Consultative Association, Pan-African University (EDC and LBS), Nextzon Seven, LEAP Africa, Delegation of German Industry and Commerce in Nigeria and SMEDAN. .  The fastest growing of these became the inaugural Nigeria50. The partners are also launching the first continental Africa500, to bring to global attention a new breed of entrepreneurs who can transform Africa's future.  

The top 3 companies on the Nigeria50 all have very close growth rates exceeding 2,000 percent for the period 2009-2011 representing beverage production, healthcare, and oil & gas. The #1 Nigeria50 entrepreneur, Arjan Mirchandani, has no less than three companies on the ranking - #1 Euro Global Foods and Distilleries Limited, #9 Food Agro & Allied Limited, and #39 Shongai Packaging Industry Limited.  Euro Global Foods & Distilleries Ltd located in Ogun grew 2,781 percent between 2009 and 2011 and has 389 employees. Launched in 2004, the company has risen to be one of the most successful local beverage companies with inputs sourced from local farmers, and in the process helping to advance farming communities. Taking the second spot Swiss Biostadt Limited from Lagos with a 3-year growth rate of 2,544 percent, and employing 89 people.  Witnessing the fight against hunger, malnutrition, and diseases in Africa, and Nigeria in particular, Emmanuel Ajayi founded Swiss Biostadt Limited in 1964. Priding themselves as a social enterprise, Biostadt today is focused on ‘Agrocare’, ‘Medicare’ and ‘Pharmacare’ and Biostadt Academy has trained 50,000 farmers over the past five years.  The number 3 company, Global Oceon Engineers Limited, was founded in 2007 by Seun Faluyi as a result of the Nigerian Government’s call to develop in-country engineering capabilities in the Oil & Gas industry.  Oceon as a three-year growth rate of 2,304 percent and employs 72 people.

Commenting on the success of Nigeria50 at the Awards Ceremony, AllWorld co-founders Deirdre Coyle and Anne Habiby urged country leaders to champion the Nigeria50. “With the right support, the Nigeria50 will send a signal far and wide that the country is open for business and will energize thousands, if not millions, to work for or become entrepreneurs. The Nigeria50 can become the country's new force for competitiveness, economic innovation and employment.”

The Nigeria winners are in Lagos for the two-day Nigeria50 Awards & Summit from March 21-22. The Summit will be an action packed two days featuring the Nigeria50 along with prominent speakers, panel discussions, networking sessions, and Nigeria50 Awards Event.  Over 150 representatives from the winning companies will be in attendance and close to 800 VIPs and influencers.

Attachments:  Nigeria50 Ranking and Research Report

 

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Contact: Deirdre M. Coyle, Jr
Nigeria #: +234 (0)8 106 838485
USA #: +617 504 4547
Email: dcoylejr@allworldlive.com

NewsTribe: Bank AlFalah joins AllWorld to support the Pakistan100 2013

posted on Mar 18, 2013

Karachi, Pakistan: Bank Alfalah announced that it will be joining hands with the AllWorld Network as the lead program sponsor for the Pakistan Fast Growth 100 (Pakistan100) Program. The AllWorld Network Inc., co-founded by Professor Michael Porter of Harvard Business School, launched the Pakistan 100 in 2012. This is a pioneering effort to showcase and rank the most innovative and dynamic fast-growth private companies in Pakistan.

Speaking at the Arabia 500 awards ceremony in Dubai, Atif Bajwa, CEO Bank Alfalah said, “The medium-scale enterprise sector is the engine to fuel future economic growth by creating the next wave of employment, driving the economy and fostering prosperity.  SME development and entrepreneurship remain key focus areas for the Bank on the business and community fronts. We are excited with this opportunity of supporting such a unique global initiative that recognizes rising and established entrepreneurs in Pakistan and beyond.  This is another side of Pakistan that must be heard – a forward-looking story of innovation, ambition, and achievement.”  

Read full article

30 AllWorld winners make Entrepreneur KSA's "50 Brilliant Companies" Issue

posted on Mar 17, 2013

50 Brilliant Companies: Stars of the new Saudi economy and the leaders driving them forward.  

In this month's issue of Entrepreneur KSA, 50 Saudi Brilliant Companies have been featured, of which 30 are AllWorld winners! 

Check out the issue on line in Arabic at entrepreneurksa.com

Read the issue in English here.

ALLWORLD AND INT@J JOIN FORCES TO CREATE A RANKING OF FAST GROWTH ICT COMPANIES FROM MENA

posted on Mar 05, 2013

Amman, Jordan 6 March 2013 –Today, AllWorld Network and the Information and Communications Technology Association - Jordan (Int@j) announced a partnership to showcase the region’s fast growing ICT entrepreneurs.  The announcement was made at the MENA ICT Forum 2013 in Jordan. 

Through their partnership, AllWorld Network and Int@j are creating the first-ever ranking of fast growth ICT companies located in the MENA region.Any company that applies will also be eligible for AllWorld’s Arabia500 ranking.  Winners are ranked based on their sales growth and receive worldwide recognition, helping them grow further and become better known to customers and investors.  The MENA ICT ranking will be announced at the next MENA ICT Forum..  The theme of the MENA ICT 2013 Forum is "Arab ICT Spring: Realizing Potential", featuring: MENA ICT Expo, Invest In ICT, Business Matching Sessions, Arab Golden Chip Awards, and other Networking Events, the MENA ICT Forum 2013 has been organized in partnership with the Ministry of Information and Communications Technology and Ijma3 MENA ICT week, with support from USAID. 

CEO of Intaj, Abed Shamlawi commented: “encouraging fast growth companies in the field of ICT is an important tool that will create positive competition. We are proud to have established this partnership with All World Network and we are optimistic about the ranking which will support entrepreneurship across the MENA region with the main focus on ICT companies.” 

“With the immense engineering talent in the region, many ICT entrepreneurs in MENA are growing quickly and also solving pressing problems in education, health care, government services and the environment.  These companies need to be better known to attract the customers and investors.  We are proud to be teaming up with Int@j to create the MENA ICT ranking to bring global visibility to these cutting-edge entrepreneurs” said AllWorld co-CEO Anne Habiby.  All companies apply on line at www.AllWorldLive.com and are ranked based on the strength of their three-year revenue growth.  Winners join an elite global group of entrepreneurs and are invited to attend the AllWorldSummit@Harvard (June 24-27). 

Founded in 2008 by Deirdre Coyle, Anne Habiby and Harvard Business School Professor Michael Porter,AllWorld Network aims tosystematically identify and rank fast growing private companies in emerging economies. AllWorld has published two Arabia500 rankings.  The companies on the ranking are from the Middle East, North Africa, Turkey and Pakistan and collectively represent a $12 billion market growing at 40 percent a year.  An AllWorld ranking puts fast growing companies on the world map - attracting new investors, customers, growth partners and talent. A concept that AllWorld calls Visibility EconomicsTM.

 # # #

About the MENA ICT Forum 2013:

The MENA ICT Forum is a an event organized once every two years by the Information Technology Association of Jordan (Int@j), which was founded in 2000 as an industry-support association for Jordan’s ICT sector; a recommendation articulated in the REACH Initiative aiming to boost the country's ICT sector and maximize its ability to compete in global markets, create quality employment opportunities, and foster a knowledge-based economy and society. The MENA ICT 2013 will cover exceptional new opportunities that exist in our region revolving around key topics that are related to the investment in the ICT sector and the overall infrastructural and legislative environment. Topics will tackle entrepreneurship in the ICT, developments in the mobile communications industry, convergence of technology with the various economic sectors (such as education and health sectors), developments of start-up and medium sized companies in the sector and investment in such companies, as well as developments catalysed by social media networks and the proliferation of content and data on the web and other Internet platforms. This year, the Forum is organized in partnership with the Ministry of Information and Communications Technology and the Arab ICT Organization (ijma3), and with support from the United States Agency for International Development – USAID.

It is worth mentioning that the forum has witnessed considerable success in the previous years, starting with “Jordan ICT forum” in the years 2000, 2002, 2004 and 2006 followed by the MENA ICT umbrella that was developed in 2010.

Further information
AllWorld Network website:www.allworldlive.com
Int@j website: www.intaj.net
MENA ICT Forum website: www.menaictforum.com
 
Contact Information:
Deirdre M Coyle, Jr.
dcoylejr@allworldlive.com
+617.504.4547

2012 Arabia 500 Top Company Profiles

posted on Dec 11, 2012

KUWAIT

 

KGL Logistics, Kuwait

Country Rank: 1

CEO/MD: Mr. Ali Dashti

2009-2011 Standard Growth Rate: 95%

2011 Revenue Range ($): $100-200 Million

2011 Number of Employees: 500

Industry: Distribution/Wholesale

Year Founded: 2005

Website: www.kgl.com

 

KGL Logistics, an affiliate of KGL Holding, is the newest member of the Kuwait and Gulf Link Transport Company (KGL) family. Following in the very successful footsteps of KGL, the company has quickly grown to become a key player in the regional logistics market. Established in 2005 and headquartered in Kuwait, KGL Logistics has branch operations in Egypt, Qatar and the United Arab Emirates (UAE). 

The company provides high quality, cost-competitive Supply Chain services, specializing in warehousing, freight forwarding and stevedoring. Since 2008, second, third and fourth party logistics (2PL, 3PL and 4PL) are available through KGL Logistics warehousing services. Specialized technology overseen by a highly trained and experienced team enables the company to manage clients’ warehouses and inventory at the clients’ storage facilities.

An extensive international network of business partners and strategic partnerships with port authorities and shipping lines enables KGL Logistics to efficiently move goods around the globe. The utilization of state-of-the-art technology in warehouse management solutions has led to higher efficiency and lower costs for both the company and its clients.

 KGL Logistics’ success has benefitted from the more than 40 years of experience of KGL, its parent company. KGL traces its roots back to 1956 when Esmail Dashti founded Dashti Construction Company which specialized in construction and stevedoring in Kuwait. In the 1970’s the company became the sole stevedoring contractor in Shuwaikh Port, thus launching its expansion into transportation and stevedoring. 

Ongoing business expansions in Saudi Arabia, Jordan and Syria led to KGL’s participation in the first privatization project in Saudi Arabia in 2000, where it won a 25 year contract to operate the Jeddah Islamic North Container Terminal as part of a consortium. Between 2004 - 2007, KGL’s extensive lines of business were spun off into separate units to enhance the efficiency and services of each sector and to create economies of scale for the group of companies.

 

  

QATAR

 

Momenta, Qatar

Country Rank: 1

CEO/MD: Mr. Suraj Thampi

2009-2011 Standard Growth Rate: 129%

2011 Revenue Range: $10-20 Million

2011 Number of Employees: 200

Industry: Business and Technology Services

Year Founded: 2006

Website: www.momentaglobal.com

 

Momenta understands just how critical networking is in today’s business world. A stable network environment is key to an organization’s success. A poorly designed network can lead to a loss of productivity and revenue. If you can’t connect you can’t succeed. Momenta can take care of all of that. A multinational technology, media and telecommunications company based in Doha, Qatar, and in Dubai, Momenta uses outsourcing, human resource management and knowledge management to optimize operations and profitability. Established in 2006, Momenta has a growth rate of 129 percent between 2009-2011.

Its services range from technology-based infrastructure and support, to telecommunications support, developing and managing media spaces, outsourcing, Human Resource Management (HRM) and Knowledge Management (KM). Through its Build-Operate-Transfer, Lease-to-own and Lease models Momenta also provides technology infrastructure to clients who want to automate their processes but don’t want to incur heavy capital expenditure.

As a multinational company with a very diverse work force that services clients in the Middle East and North Africa (MENA) region, India, Pakistan and North America, Momenta is able to understand client needs from almost every unique perspective. Included among its impressive and long list of clients are Abraaj Capital, Mercedes, Citibank, ictQatar, Aramex, Qatar Petroleum, Park Plaza, Al Waab City and Qatari Diar.

Human capital is the company’s greatest asset and Momenta continuously trains and develops its workforce through collective knowledge enablement and sharing. Every employee is considered a pillar in Momenta’s success. One of Momenta’s unique programs focuses on enabling women to enhance their work skills and abilities. The company runs multiple programs empowering women in the MENA region to become part of the global knowledge network.

 

Sidra Agriculture, Qatar

Country Rank: 2

CEO/MD: Eng. Hassam Al-Jaajaa

2009-2011 Standard Growth Rate: 73%

2011 Revenue Range: $1-5 Million

2011 Number of Employees: 250

Industry: Environmental Services

Year Founded: 2005

Website: www.sidradoha.com

 

Established in 2005 in Doha, Qatar, Sidra Agriculture provides gardening, landscaping, and interior decoration services to its clients, which include residential and commercial offices. It specializes in construction and maintenance of large projects, as well as landscaping of public parks, streets, villas, homes, and outdoor areas. They provide interior-scaping, design, and both hardscape and softscape landscaping services. 

“The quality of the product and [our] know-how places us well in the market,” says Sidra General Partner and Manager Hassan Al-Jaajaa. “Clients don’t always recognize the quality of the product, and don’t recognize the sustainability…They are driven by low cost instead of fair cost.” Sidra has also faced hurdles from Qatar’s heavily bureaucratic regulatory regime, which has made expansion significantly more challenging.

In spite of these challenges, Sidra continues to expand its offerings and break new ground. In 2011, Sidra launched a 4.5 hectare plant nursery, which cultivates indoor and outdoor plants for other companies. They are also introducing “eco-walls” to the Qatari market, which are large vertical installations with built-in vegetation.  

Sustainability has also become the core of Sidra’s model which uses native and low-water plant species whenever possible for conservation and durability. “It’s important to interact well with our ecological environment,” says Al-JaaJaa. “ The present awareness and need to respect our environmental and cultural identity, as well as conserve our limited natural resources opens the opportunity for tailored landscape designs and contracting. “ 

Sidra is planning a strategic entry into neighboring markets, most significantly Saudi Arabia. As an Arabia 500 company that is ranked number two in Qatar Al-JaaJaa feels that “the sky is the limit. If you put in the right efforts and resources, and respect the prevailing conditions and factors, surely you will succeed.

 

SAUDI ARABIA

 

Tejoury Ltd., Saudi Arabia

Country Rank: 2

CEO/MD: Mr. Salman Alsudeary

2009-2011 Standard Growth Rate: 408%

2011 Revenue Range: $1-5 Million

2011 Number of Employees: 85

Industry: Professional & Consulting Services

Year Founded: 2007

Website: www.tejoury.com

Tejoury Ltd. is a leading Records Management company that provides complete archiving solutions and off-site storage facilities for clients.  Along with its affiliates, Tejoury offers cost-effective records management solutions worldwide and opens new data facilities on a regular basis. Established in Riyadh, Saudi Arabia in 2007, Tejoury and its foreign affiliates draw on more than 30 years of collective experience working with diverse public and private-sector clients in numerous international markets.

A commitment to customer service, leading-edge technology, and research and development has placed Tejoury at the top of its industry. Ranked third in the coveted Arabia500 listing for companies in Saudi Arabia, Tejoury had a growth rate of 408 percent between 2009-2011 and has a current revenue range of 1-5 million USD.  CEO Alsudeary notes that the exposure his company received through the Arabia500 listing has been a great morale boost for his 85 employees and a way to strengthen his corporate team.

The company specializes in working with clients in the areas of document workflow and process, archival solutions consulting, and off-site document storage. The majority of client records are stored in off-site archives.  Tejoury can also adapt its systems to meet specific client needs using specialized software to maximize efficiency and prevent human error. Other services offered by Tejoury include client “in-house” archive management, data tape storage, date imaging and advisory services, collection and delivery of documents and secured and confidential destruction of documents.

As a leader in the industry Tejoury maintains rigorous standards for service, safety and security and complies with all regional regulations. It is a longstanding member of PRISM (Professional Records & Information Services Management) - an international trade association.

 

 

UNITED ARAB EMIRATES

 

Ecobility Energy Solutions, UAE

Country Rank: 1

CEO/MD: Mr. Karim Aly

2009-2011 Standard Growth Rate: 364%

2011 Revenue Range: $1-5 Million

2011 Number of Employees: 

Industry: Trading

Year Founded: 2008

Website: www.ecobility.ae

 

Sustainability is a corporate state of being and the overriding ethos at Ecobility Energy Solutions.  Founded in 2007, the Dubai-based private-sector CleanTech company champions sustainable development, ecological footprint reduction and heightened environmental awareness in the MENA region. Ecobility’s objective is to tackle sustainability-related challenges through collaboration, thought leadership and innovation.

As environmental and social responsibility becomes increasingly important to businesses throughout the MENA region, Ecobility’s mission is to translate the theory of sustainability into real economic results.  The company’s Venture Unit assists clients in creating a portfolio of socially responsible start-up assets. It offers managerial and operational guidance, as well as access to relationships.  Ecobility’s investment philosophy focuses on holistic value creation and identifies opportunities that deliver triple bottom line returns - people, planet and profit. 

Clients also have access to Ecobility’s Advisory Board, which includes leading experts from the public, private and academic sectors in the fields of carbon management, resource optimization, and project and policy development. Included among its diverse clientele are Emaar, the Dubai World Trade Center, Nakheel, Aramex, Barclays, the Masdar Institute and the Crowne Plaza Hotels.

Ecobility practices what it preaches.  It sets a standard by maintaining a workplace that is eco-friendly: printing on 100 percent recycled paper, using only energy efficient CFL and LED lighting, getting off the grid by unplugging all equipment at the end of the workday, recycling and banning the use of disposable water bottles. A portion of its profit supports local initiatives that benefit the community and its “intern-preneurship” program provides a select university or graduate student with the tools and support to grow a commercially-viable environmental idea from concept to reality. Ecobility has 365 percent growth rate over 2009-11.

 

 

OnTime, UAE

Country Rank: 3

CEO/MD: Mr. Waleid Abdulkareim

2009-2011 Standard Growth Rate: 236%

2011 Revenue Range: $10-20 Million

2011 Number of Employees: 160

Industry: Business Services

Year Founded: 2003 

Website: www.on-time.ae

 

After working in government for three years and a stint with his older brother in PR, Walid Abdulkareen launched OnTime to revolutionize how governments service deliver.   Established in 2003 in Dubai, Walid wanted to deliver government services quickly and be a “peace of mind provider to the people.”  It turns out this was a great business model as the company has grown 236% between 2009 and 2011. 

Blending his zest for efficient service with a background in PR, Walid created OnTime stores that feel more like an Apple store than a government office. At OnTime’s dozens of branded stores, you are greeted with bright lighting, wall sized computer screens, and designer decorated seating.  The process moves swiftly until you meet with a welcoming and efficient Emiratis, most of them women. OnTime is the one-stop shop for many government service including company registration, translations, passport and visa, documents legalization and car registration. “At On Time, we not only save you time, we make it happen.”  Walid is also proud to employ more than 200 Emiratis.  

OnTime’s staff members are measured by the number of transactions they complete. Those falling below 20 transactions a shift are let go, and those with more than 40 transactions get a bonus.  OnTime is able to deliver services cheaper than the government itself, and the company has expanding relationships with entities such as Tas’heel Service, Dubai Economic Development, Emirates, Dubai Court and Dubai Health Authority, as well as corporate clients.  OnTime is expanding its stores throughout the UAE and has plans to operate Middle East-wide, and beyond.

In January 2010, On Time CEO Waleid Abdulkareim received the Professional Service Award from the Mohammed Bin Rashid Establishment for Small and Medium-size (SMS) Enterprises.   The award acknowledged the company’s ability to offer its clients the ultimate experience at competitive prices, excellent value and always  “On - time.” 

 

 

German Imaging Technologies, UAE

Country Rank:

CEO/MD: Dr. Sassan Dieter Khatib-Shahidi

2009-2011 Standard Growth Rate: 59%

2011 Revenue Range: $1-5 Million

2011 Number of Employees: 55

Industry: Manufacturing & Packaging

Year Founded: 1999

Website: www.gitdubai.com

Established in 1999, German Imaging Technologies (GIT) has been the leading manufacturer of environmentally friendly compatible toner cartridges in the United Arab Emirates (UAE) since 2007. GIT markets and sells its products to more than 2500 corporate customers in the UAE and exports to 18 countries in the Middle East and North Africa (MENA) region. The company’s headquarters and plant are located in Dubai, with offices in Abu Dhabi and Frankfurt, Germany.

In addition to leading the market in toner cartridges, GIT specializes in document printing solutions, printer service and maintenance, and advises UAE clients on workspace printing requirements. Whatever the client requires to set up a cost efficient and environmentally sound print environment, GIT covers all needs in a one-stop-shop concept. The company also offers partnership opportunities for distributors and authorized resellers who wish to capitalize on GIT’s regional brand in the MENA region.

Given its success in the UAE, CEO Dr. Sassan Dieter Khatib-Shahidi would like to see his company expand its operations to other core GCC markets such as Saudi Arabia, Qatar, Kuwait and Oman. Being ranked as an Arabia500 entrepreneur has been encouraging to Khatib-Shahidi. “It opens our eyes to what we have been doing right, but even more to what we need to be doing in the future to maintain and accelerate growth.”

Khatib-Shahidi’s PhD in Law and his years working as an attorney in Germany clearly prepared him for the challenge of being an entrepreneur. “Look at every challenge as a virtue. If these challenges burden you or seem to be difficult, then entrepreneurship may not be the right thing for you. But if you live for these challenges and are able to solve them, then you are probably on the right path.”

 

 

Just Falafel, UAE

Country Rank:

CEO/MD: Mr. Mohammed Bitar

2009-2011 Standard Growth Rate: 

2011 Revenue Range:

2011 Number of Employees:

Industry:

Year Founded: 

Website: www.justfalafel.com 

Mohammed Bitar, founder and MD of Just Falafel recalls being laughed at when he first proposed starting a falafel restaurant. “Falafel is a part of our tradition but it is a poor man’s food,” he explained, recalling that the Dubai Food Court hung up on him the first time he called about renting a space there for his falafel restaurant.  

Today Bitar is the one laughing….all the way to the bank. Since he opened his first restaurant in Abu Dhabi in 2007, Just Falafel has become the largest falafel chain in the world and one of the fastest growing.  There are franchises in the UAE, Jordan, Lebanon, Bahrain, Kuwait, Oman, Saudi Arabia, Qatar, India, and in England. Additional franchises are in the works in Australia, Canada and the United States 

Bitar’s dream was to revolutionize the world of fast food with a healthy and delicious alternative - falafel. For the first two years he used his own money, but it was hard to continue. “You don’t have the banking history or the requirements needed for a loan. We had two options - open our own stores which would require capital, or franchising. So we chose franchising where other people would invest in our brand.  

It worked and his Just Falafel franchises are spreading globally. The falafels are made-to-order from fresh premium vegetables and ingredients and the kitchen follows strict hygiene standards that meet local and global health standards. The shops have a modern gourmet setting and suddenly the poor man’s falafel is dining in style.

 

 

JORDAN

 

Rubicon Group Holding, Jordan

Country Rank: 1

CEO/MD: Mrs. Randa Ayoubi

2009-2011 Standard Growth Rate: 673%

2011 Revenue Range: $20-50 Million

2011 Number of Employees: 336

Industry: Animation

Year Founded: 1994

Website: www.rubiconholding.com 

Rubicon Group Holding (RGH) is the antidote to mindless media. Launched by Randa Ayoubi in 1994 as a small venture capital project, her vision was to create quality entertainment that captivates the human mind. Eighteen years later Rubicon’s world-class team of 300 employees has set a new standard for entertainment worldwide.

“We believe in entertainment” is the motto of the global transmedia company whose employees span four international locations - Amman, Los Angeles, Manila and Dubai. Combining the talents of entertainment industry veterans with the creativity of a new generation of thinkers provides a unique perspective for the design of digital content and immersive entertainment. RGH specializes in multi-platform digital production, educational content and location-based themed entertainment.  It is one of the more successful emerging market companies. 

As a vertically integrated business, RGH develops brands internally and with select partners to create successful franchises for the entertainment, education and business markets. Current strategic partners include Modern Electronic Company, Sesame Street Workshop, Turner Broadcasting, Paramount Studios, Classic Media, Etisalat, Sony and MGM.  In September 2012, RGH Entertainment, a division of RGH, launched a new content partnership with Ameba, a multi-platform leader in children’s programming, in order to promote its new animated children’s series Ben and Izzy.

RGH’s vision and company mission is to deliver responsible, high quality family entertainment.  It is a cutting-edge production and development facility where its creative staff conceives, designs, directs and produces programs for a wide range of media:  film and television, commercials and corporate video production, games and applications, webisodic content, theme park development, IP acquisition and localization, and licensing and marketing.

 

 

Feynan Ecolodge, Jordan

Country Rank: 2

CEO/MD: Mr. Nabil Tarazi

2009-2011 Standard Growth Rate: 203%

2011 Revenue Range: $100,000 to $1 Million

2011 Number of Employees: 29

Industry: Travel & Tourism

Year Founded: 2009

Website: www.feynan.com

Nabil Tarazi, founder and CEO of EcoHotels, describes Feynan Ecolodge as much more of a unique experience than a stay at a hotel. Constructed in 2005 by renowned Jordanian architect Ammar Khammash and located at the western edge of Jordan’s pristine Dana Biosphere Reserve, National Geographic’s Adventure Magazine has ranked Feynan one of the top 50 ecolodges in the world. 

In 2009, EcoHotels, a private company dedicated to responsible ecotourism and environmental awareness took over the management and operation of Feynan from the Royal Society for the Conservation of Nature (RSCN), which retains ownership of the lodge. “We had to build the whole infrastructure from zero,” explains Tarazi.  

Today the 26-room, 60-person capacity lodge is a model for ecotourism, social responsibility and sustainability in the region. Its 25 staff members are 100 percent from local communities and Feynan provides enough additional work to sustain 80 local families. Approximately 45 percent of the ecolodge’s profit is subsequently returned directly to the community. Water is sourced from a nearby spring, waste is recycled and composted, laundry is air dried, light is provided by locally-produced candles and electricity is generated through solar/photovoltaic panels. Feynan is the only ecolodge in Jordan that is not connected to the electricity grid. 

Ecotourism is flourishing as mass tourism and sight-seeing gives way to more interactive, cross-cultural “sight-doing,” says Tarazi, whose plan is to replicate the success of Feynan. “The concept of having another 20 ecolodges in Jordan is viable,” he notes, adding that EcoHotels will start in Jordan and eventually expand in the region.

 

 

Izzat Marji Group, Jordan

Country Rank: 6

CEO/MD: Mr. Izzat Marji

2009-2011 Standard Growth Rate: 114%

2011 Revenue Range: $20-50 Million

2011 Number of Employees: 176

Industry: Consumer Services

Year Founded: 1985

Website: www.marji.jo

 

What began in 1985 as a small private company that sold central heating systems evolved into Jordan’s premier supplier for heating systems, air conditioning and sanitary supplies during the last two decades. Today, the Izzat Marji Group has more than 100 employees, most of whom are engineers with a broad range of experience. With approximately 2000 square meters of showroom and office space in several locations around Jordan, the company carries more than 40 state-of-the-art brands and has completed over 5000 projects.  It grew at a rate of 114 percent during the past year.

“I believe that the best days are still to come,” says CEO Basil Marji, son of founder Izzat. “The future is looking tremendously exciting for us. We will continue to maintain our market leadership through further diversification of our product lines and value added services, and enhancement of customer service. Expansion plans are being implemented to develop new products and to gain more markets.” 

Currently the company has three different showrooms and offices in Um Sumaq, Khalda and Amman. The showrooms serve as one-stop-shopping primarily for electromechanical contracting companies, hotels, industries, hospitals and households. Keeping up with the many environmental challenges facing 21st century consumers, Izzat Marji Group offers its customers a wide range of new products that include water and energy saving systems.

Excellent products, proper installation and reliable service have been key to the company’s success, as are as its human resources, which the Izzat Marji Group considers its most valuable asset. The company provides professional training on a regular basis for its employees, consultants and technicians on all industry related issues. “There are always new technologies and trends that keep the business exciting,” says Marji. “It is stimulating and enriching for our staff who really gain an enormous understanding of the different business sectors.”

Being a part of the Arabia 500 companies is a new experience for the Izzat Marji Group. “It will be good exposure with our market and community,” comments Marji. “We will definitely exchange thoughts about best business practices and that can help all of us to grow and enhance our businesses.”

 

 

LEBANON

 

INTRAMURO, Lebanon

Country Rank:

CEO/MD: Mr. Karim Majdalani

2009-2011 Standard Growth Rate: 408%

2011 Revenue Range: $10-20 Million

2011 Number of Employees:

Industry: Construction & Engineering

Year Founded: 2002

Website: www.intramuro.com

 

INTRAMURO interior designs evoke memories of a time when Lebanon was considered the Paris of the Orient and elegance was the rule and not the exception.  Exquisite taste, a keen eye for details and dedication to excellence characterize INTRAMURO’s beautiful interior contracting solutions. 

Established in 2002, INTRAMURO specializes in delivering integrated interior contracting solutions. Its projects include residential, hospitality, commercial, corporate and public spaces. The company also provides furniture and furnishings to major hotels and restaurants in Lebanon, the Middle East, the Gulf and Europe. It operates its own in-house joinery and woodwork manufacturing facility equipped with state-of-the art European equipment. Upholstery is done in house and the equipment is operated by expert tradesmen, each of whom has over 14 years of experience.

INTRAMURO’s dedicated team of architects, consultants, contractors and laborers bring extensive international experience with them to the job and broaden the company’s scope of work. The team is renowned for its ability to offer creative solutions for a client’s needs and its mission is to “bring interiors to life with a global vision and an eye for detail.”  Projects such as the Phoenicia Intercontinental Hotel, the Kempinski Hotel, Le Vendome and the Summerland Resort are all testimonies to a mission well accomplished.

In the decade since it was founded, INTRAMURO has evolved from a small start-up to a successful international company. The company has grown 408 percent and it has been named a Lebanon 25 company and an Arabia 500 winner. It clearly has designs on an even more successful future.

 

 

PALESTINE

 

Al Nasher Technical Services, Palestine

Country Rank: 1

CEO/MD: Mr. Sa’d Q Abdulhadi

2009-2011 Standard Growth Rate: 12%

2011 Revenue Range: $1-5 Million

2011 Number of Employees: 55

Industry: Marketing, Advertising, Sales, Business Development

Year Founded: 1990

Website: www.enasher.com

For more than 20 years, a leading advertising, public relations and marketing agency in the Middle East has been thriving in one of the most conflict-ridden areas of the world - Palestine. Founded in 1990, Al Nasher grew out of CEO Sa’d Q Abdulhadi’s years of experience providing graphic design solutions in the Middle East and Europe, and working in software development for the Arabic desktop publishing industry. 

 Recognized today as one of the top agencies in the MENA region, Al Nasher is a full-service integrated marketing and communications company with offices in Ramallah, Amman and Dubai. The agency offers a wide range of services from marketing and communications, to media planning and placement, events management, research and training, and technical services which encompass everything from software solutions to animation and games. One of Al Nasher’s largest projects was branding, designing and overseeing everything from construction to press conferences for the inaugural Palestine ICT Exhibition- ExpoTech in 2004.  ExpoTech is the largest and most professional ICT exhibition in Palestine.

Corporate social responsibility (CSR) in the workplace and community is an inherent part of Al Nasher’s business philosophy. The agency has initiated programs that enable citizens and civic organizations to direct the development of their community. It offers training in the practices of advertising, public relations, presentation skills and communications to facilitate this goal. Successful public relations, advertising, branding and community outreach programs  have been implemented by Al Nasher in Palestine such as the Palestinian Agribusiness Partnership Activity  (PAPA) project and the Palestinian Investment Promotion Agency (PIPA), to name a few.

Business is not just about making money for Al Nasher, it’s about making a difference. “Our values are focused on the people who make us successful: our employees and their families, our customers, our suppliers, our investors and our local communities in which we live and work. By maintaining accountability to these people, we will be a profitable and highly valued business.”

 

 

EGYPT

 

Hindawi Publishing Company, Egypt

Country Rank: 1

CEO/MD: Dr. Ahmed Hindawi

2009-2011 Standard Growth Rate: 346%

2011 Revenue Range: $10-20 Million

2011 Number of Employees:

Industry: Media, Publishing & Printing

Year Founded: 2001

Website: www.hindawi.com

Established in 1997 as a subscription-based publisher, today Hindawi Publishing Corporation is a renowned commercial publisher of more than 300 open access, peer-reviewed journals that cover a wide range of academic subjects in science, technology, medicine and the social sciences.  Hindawi’s Editorial Boards consist of more than 40,000 internationally-recognized editors who maintain the highest standards in peer review. Based in the Cairo Free Zone in Nasr City, Cairo, the company has approximately 600 employees and it has experienced a dynamic 346 percent growth rate since 2001. Hindawi’s U.S. office is located in New York City.

Hindawi experienced an 80 percent increase in the number of submissions to its 300 plus open access journals from March 2011 to March 2012. Mohamed Hamdy, Hindawi’s Editorial Manager, attributes much of the company’s growth to the increased coverage of Hindawi journals by the major Abstracting and Indexing Services, such as PubMed, the Web of Science and Scopus, among others.  “We now have more than 30 journals indexed in the Web of Science and close to 150 journals indexed in PubMed, and as the indexing of our journals continues to expand I expect we will see very strong growth in the submission to these journals,” says Hamdy.

During the past two years, Hindawi has also been developing several independent journal platforms, each with a specific editorial focus. An ISRS series (www.isrn.com/) was launched in mid-2010 to provide a fast-track review process for all submitted manuscripts. Two additional platforms - Datasets International (www.datasets.com/ ) and Conference Papers in Science (www.cpis.com/) are expected to build significant future momentum for the company. 

All of Hindawi’s content is archived in Portico, which provides permanent archiving for electronic scholarly boards. The company is a member of numerous international industry organizations such as the Association of Learned and Professional Society Publishers (ALPSP), the Committee on Publication Ethics (COPE) and the International Association of Scientific, Technical and Medical Publishers (STM), among others.

 

 

A. Fakhry & Co., Egypt

Country Rank: 2

CEO/MD: Mr. Hussein Fakhry

2009-2011 Standard Growth Rate: 207%

2011 Revenue Range: $5-10 Million

2011 Number of Employees: 35

Industry: Consumer Goods

Year Founded: 2005

Website: www.afakhry.com

A.Fakhry & Co. is a family owned and run company that dates back to 1955, when it was founded by Ahmed M. Fakhry. During his 27 years at the helm of the company Fakhry introduced the concept of aromatics as alternative crops in the Nile Delta and brought the company to the forefront of the world’s Flavor and Fragrance (F&F) industry with the production of 100 percent pure and natural Egyptian aromatic raw materials. The oldest family-owned industrial business in the field of aromatics in Egypt, A. Fakhry & Co. facilities are located in the heart of the Nile Delta in Qutur.

In 1997, Ahmed’s son Hussein took over the reins of the family enterprise which continues to devote itself to the extraction of aromatic raw materials from botanicals (essential oils, concretes, absolutes, extracts, and hydrolytes). Today the company represents approximately 25 percent of Egypt’s total production of aromatic raw materials, as well as 75 percent of Egypt’s certified organic aromatic raw material. It has its own in-house labs to identify and verify the 100 percent pure and natural character of its products. 

Under the current stewardship of Hussein and his wife Cherifa, who has a degree in Aromatic Botanical Agronomy from Cairo University, A. Fakhry & Co.’s R&D has developed a new extraction technique that provides a certified organic alternative to petroleum-based extraction processes. In addition, the company’s farming network has been expanded throughout Egypt to include a 50 year old conventional network of partner farms that grow aromatic botanicals, as well as a 10 year old certified organic farming network.  A. Fakhry & Co. has the largest distillation units in Egypt.

 

 

IP Magix, Egypt

Country Rank: 3

CEO/MD: Mr. Hossam Megahad

2009-2011 Standard Growth Rate: 205%

2011 Revenue Range: $1-5 Million

2011 Number of Employees: 32

Industry: Computer Networking & Software

Year Founded: 1998

Website: www.ipmagix.com

IPMagix is a leader in unified communications (UC) solutions in the Middle East and North Africa (MENA) Region. Established in Cairo, Egypt in 1998, the company has developed innovative application software that helps lower costs, boosts productivity and strengthens channels of communication for clients across a wide range of sectors. Its three main UC solution applications - IP Telephony, IP TV and Mobility deliver the benefits of voice, video and data convergence to companies working in the financial, hospitality, enterprise, retail, health, education, aviation and real estate sectors.

Since its founding the company has experienced a growth rate of 205 percent and maintained steady revenue growth even during the 2011 Arab Spring and Egyptian revolution. It has been the only certified Cisco Solution Developer (CDN) in the MENA region since 2004 and the company has built up an impressive list of regional partners including Microsoft, Fenestrae, Etisalat, Vodafone, Commercial International Bank, Egypt Post and Movenpick, among many others.

IPMagix views UC as its “champion” for years to come, says CEO Hossam Megahad. “We envision a series of global opportunities in this booming field.”  The increasing use of UC in the MENA region signifies major opportunities for IPMagix especially in the hospitality, aviation and education sectors, according to Megahad.  “We will continue to develop our low cost, high-quality software development and programming center in Egypt, which provides significant cost-advantages over U.S. and Europe-based competitors,” he notes.

A subsidiary of Middle East Network Solutions (MNS), a pioneer in the field of application development software in the MENA region, IPMagix is now at a stage where it is poised to aggressively target the global market in the next two years.

 

 

TUNISIA

 

SAMSTECH, Tunisia

Country Rank: 1

CEO/MD: Mr. Samir Ben Taieb

2009-2011 Standard Growth Rate: 317%

2011 Revenue Range: $100,000 to $1 Million

2011 Number of Employees: 13

Industry: Computer Networking & Software

Year Founded: 2004

Website: www.sams-tech.com

 SAMSTECH is a Tunisian-based integrator of technology solutions that was founded in 2004. After a successful career with Creative Labs in the United Arab Emirates (UAE) and with Hewlett Packard in Tunisia, founder and CEO Samir Ben Taieb took a leap of faith and set up his company with four employees and a $200,000 investment. 

It paid off. SAMSTECH benefited from being the first local firm to enter a niche market and it grew 317 percent between 2009-2011.  The company decided to focus on leading regional and national public sector clients and in 2008, it entered into partnerships with Citrix, HP and 3M among others. Since then the company has earned a reputation for delivering high value-added IT consulting and integrator solutions using cutting- edge technology. 

In 2010, SAMSTECH set up the first national virtual call center for Tunisia Telecom. “We have been involved in several complex IT projects in Africa and we are proud to have the Governments of Algeria, Tunisia and Morocco as customers,” says Taieb. One of the company’s most challenging projects was completed last year when SAMSTEC H partnered with ten other   Tunisian companies to put together an E-learning and Visio conference for the Tunisian Universities. 

SAMSTECH has an efficient project-based management model. It outsources administrative, Human Resources (HR) and financial functions in order to focus on its core technical business. The company also invests highly in training its staff and promoting entrepreneurship among the co-workers. 

Plans to expand his team and launch new products tailored to the needs of the education sector and telecom operators are in the works according to Taieb.

 

 

CYNAPSYS, Tunisia

Country Rank: 3

CEO/MD: Mr. Imed Ammar

2009-2011 Standard Growth Rate: 38%

2011 Revenue Range: $1-5 Million

2011 Number of Employees: 100

Industry: Software Services & Products

Year Founded: 2004

Website: www.cynapsys.de

Created in 2004, CYNAPSYS is a dynamic player in the consulting and computing engineering services business.  In addition to its core office in Tunisia, Cynapsys has subsidiaries in France and Germany. Initially focused on catering to the European and international markets, Cynapsys has since launched several local initiatives in the automobile and health sectors, and is planning to explore the renewable energy industry.

 Imed Ammar, a computer engineer and international IT expert, joined Cynapsys in October 2005 as its managing director. Since then, Ammar has built up the company from 21 employees in 2004 to a current total of 140 Cynapsys’ human capital has highly influenced its success and is considered the backbone of its development strategy.

The company is currently located in the Elgazala technopole, which “leads to increased work dynamics and international exposure that is considered key to the sustainability and survival of the company, says Turki. The Cynapsys team is always on the look for national and international investment to finance its sophisticated R&D activities. Currently, the official source of financing is the Ministry of Industry and Technology; however, further efforts are being made to facilitate additional funding for R&D projects. 

Cynapsys is one of the 10 members of Get’IT, the first Tunisian consortium dedicated to the export of ICT services by national companies. Get’IT numbers more than 1,000 members, and promotes services developed by its members to reinforce their presence beyond Tunisia. Cynapsys also encourages their employees to become new entrepreneurs. “In this sense, Cynapsys is an incubator because it is contributing to the creation of other start-ups and subsequently more job opportunities in Tunisia,” says Turki.


 

 

PAKISTAN

 

E2e, Pakistan

Country Rank: 2

CEO/MD: Mr. Abid Butt

2009-2011 Standard Growth Rate: 892%

2011 Revenue Range: $50-100 Million

2011 Number of Employees: 412

Industry: Transportation & Aviation

Year Founded: 2006

Website: www.e2escm.com

In 2005, Abid Butt launched e2e, now one of Pakistan's leading providers of end-to-end logistics services, specializing in international and local Air/ Ocean freight. Relying on his international industry expertise and an MBA from INSEAD, Butt founded e2e to tap a growing global market of movement of goods. “What I love about logistics,” says Abid “is that you always have to be at the edge of your seat. It is always exciting.”  

Abid”s mission is to make e2e not only the number one logistics company in Pakistan and in South and Central Asia, but to also solve the biggest agricultural problem in Pakistan. Currently 40 percent of Pakistan’s agricultural produce is lost because of bad logistics. This places a tremendous burden on a country that depends on agricultural produce to feed its population- the sixth largest in the world - and to generate much needed export revenue. The e2e team is experimenting with a system to get produce from farms to markets with only three to four percentage of wastage.  

One of e2e’s most challenging projects is in Afghanistan. Almost all the needs of the people and NGOs in Afghanistan have to be trucked in across some of the roughest terrain in the world - food, construction equipment, medicines, tents, and refrigerated cargo. The route from Pakistan to Afghanistan is the largest refrigerated cargo route in the world. 

In early 2012, e2e achieved the number 1 spot on the Pakistan 100 as the only logistics company. “We were inspired to push ourselves and our ideas further by being a Pakistan100 winner.  Having an independent organization appreciate what we have achieved means a lot to our team.” 

 

Exceed, Pakistan

Country Rank: 3

CEO/MD: Sardar Manokhel

2009-2011 Standard Growth Rate: 821%

2011 Revenue Range: $50-100 Million

2011 Number of Employees: 417

Industry: Construction & Engineering

Year Founded: 2004

Website: www.exceed.pk

 Sardar Manokhel is not just the founder of Exceed, the number two Pakistan 100 company, he is the youngest entrepreneur on the Pakistan 100 list. And he also happens to be the tribal leader of the Manokhel tribe.  

Manokhel found Exceed, an IT company in early 2001 when he was just 24 years old. In the aftermath of 9-11, when many IT companies in Pakistan lost their international customers overnight, leveraging his business degree and background in IT, Sardar repositioned Exceed to focus on construction, but with a new twist.   Exceed uses IT systems to create highly efficient turnkey construction projects.  In less than a decade, Exceed has developed the capacity to design and build some of the largest infrastructure projects in roads, bridges, dams and housing all while completing the project on schedule.   Exceed is best known for Saidpur Model Village, the historic redevelopment of an 18th Century Moghul city that today is as an open-air museum, as well as home to 5,000 residents.

2011 has been a busy year for Manokhel. Exceed opened offices in Dubai and London and launched Exceed schools in major cities of Pakistan.  The software/engineering side of the business has been reactivated and Manokhel is waiting for final government approval to launch a satellite TV station.  Apart from business, he founded the “United Pakistan Party,” a countrywide political party “of which he is the President and Chairman. In his spare time, he launched a daily Urdu and English Newspaper and assumed the role of Editor-in-Chief.

 

 

 

TURKEY

 

Namet Gida Sanayi ve Ticaret, Turkey

Country Rank:

CEO/MD: Mr. Nurettin Kayar

2009-2011 Standard Growth Rate: 937%

2011 Revenue Range: $200-500 Million

2011 Number of Employees: 758

Industry: Food Industry

Year Founded: 1998

Websitewww.namet.com.tr

 Namet prides itself on being the modern face of the Turkish food industry.  Established in 1929, Namet had been producing natural deli products for over 81 years when it formed a partnership with Turkey’s pioneering meat producer, the Kayarlar Group, in 2005.  Founded over four generations ago as a family company, Kayarlar became Turkey’s primary meat supplier in the 1940s. As of 2010, the Kayarlar group has been distributing all of its products under the Namet brand.

This critical partnership propelled both companies to the pinnacle of Turkey’s food production and distribution sector. Today, Namet’s 150 products range from deli meats to fresh meat, advanced processed products to frozen foods - all of which are produced in the most advanced meat production facility in Turkey.

In 2010, Namet’s $68 million production facility was officially launched by Turkish Prime Minister Recep Tayyip Erdogan. It is the first such facility in the Turkish meat and meat-product industry that fully meets the EU Hygiene Standards. Located in Cayirova, the factory employs 700 people directly and 40,000 families indirectly. It has the first butcher school to open within a private facility in Turkey, as well as a conference hall that will be used for education and training programs.

 

 

SEM Plastik, Turkey

Country Rank:

CEO/MD: Mr. Yavuz Eroglu

2009-2011 Standard Growth Rate: 46%

2011 Revenue Range: $50-100 Million

2011 Number of Employees: 239

Industry: Manufacturing and Packaging

Year Founded: 1983

Website: www.semplastik.com.tr

SEM Plastik is one of the fastest growing companies in Turkey and in the Middle East and it’s on its way to surpassing its European competitors and becoming a global brand. “We didn’t have a business plan when we started and the competition was our biggest challenge,” says CEO Yavuz Eroglu who took over the reins of the family company in 2002. “We wanted to move forward with our idea and along the way we changed a lot of our original plans. But our company turned out to be one of the most successful businesses in Turkey and we now export to 80 countries worldwide. ”Today, SEM Plastik is the leading Turkish exporter of manufactured goods”.

Established in 1975 by Namit Kemal Eroglu, father of the current CEO, the Istanbul-based company remains family-owned and operated under the current visionary leadership of his son Yavuz. What began as a small company that manufactured plastic spare parts for agricultural machinery in Istanbul has evolved into a leader in the plastic industry in Turkey. 

SEMPlastik produces 1,500,000 plastic plates and 2,800,000 plastic cups on a daily basis in its state-of-the-art inline production facility. This production level is a first in Turkish manufacturing capacity. The company also has the largest range of products in their industry, all of which are recyclable. As a green and socially responsible company, SEMPlastik uses high efficiency machinery that lowers their carbon footprint and minimizes emission output. Eager to expand the company’s global outreach and production capabilities, CEO Yavuz is investing 200Million USD to build a new state-of-the-art 20,000 square meter plant in Turkey with an anticipated 2013 completion date. 

SEMPlastik supplies disposable plastic products to more than 50 international airlines. Its global customers include McDonalds, Coca Cola, Migros, Danone, Turkish Airlines, Carrefour and Finanzbank among many more. Investments in Research&Development are an important part of SEMPlastik’s business plan and future goals. SemStudio, the company’s creative workshop was designed to generate innovative ideas for their evolving product line.

According to Yavuz the key to success is believing in yourself and loving what you do. “And there’s a good thing about success,” emphasizes Yavuz. “If you share it, it gets bigger. If we put our success on the table we can attract more customers and more investors.”

AllWorld’s Fast Growth Arabia500 Announced at 3rd Annual Global Entrepreneurship Summit

posted on Dec 10, 2012

AllWorld’s Arabia500, the region’s fastest growing non-listed entrepreneurial ventures, are growing 50 percent a yearin both old and new industries. The existence of the Arabia500 indicates that the region has greater capacity for growth and investment. To accelerate this process, AllWorld will launch XChange, a technology platform to match growth companies all around the world.

Dubai, UAE, December 10, 2012…On December 10, AllWorld Network’s Arabia500 Awards Event & Celebration will be the highly anticipated pre-event for the 3rd Annual Global Entrepreneurial Summit (GES) at the Dubai World Trade Center in Dubai, United Arab Emirates (U.A.E.).  Over 400 entrepreneurs from AllWorld’s rapidly expanding global network are convening at the summit to celebrate the 2012 Arabia500 winners, network with fellow entrepreneurs and to participate in the AllWorld launch of XChangeTM – a revolutionary technology to match companies around the world for immediate growth and investment. 

The 2012 Arabia500 are the largest collaboration of growth entrepreneurs in the world and their combined GDP is greater than that of 80 countries.  They are growing at an average of 50 percent between 2009-2011, ten times faster than the region’s private sector.  Private (non-listed) companies apply to be part of the Arabia500 and qualify based on the strength of their sales growth by submitting audited financial statements and a detailed business survey.

“For the past four years AllWorld and its 70 partners launched an unprecedented effort to scour the Middle East, North Africa, Pakistan and Turkey, finding thousands of growing and innovative companies largely unknown to the world.  The Arabia500 are some of the most sophisticated entrepreneurs, many with operations spanning more than 100 countries.  They are creating thousands of new jobs each year, and with worldwide visibility, they can expand and modernize the economic base of the region,” say AllWorld co-CEOs Deirdre Coyle and Anne Habiby. 

“AllWorld has put together a marvelous global enterprise which I think is on its way to changing the world in very important ways,” comments Michael Porter, Harvard Business School Professor and AllWorld Chairman. “The Arabia500 companies, led by dynamic men and women, represent the leading edge of a new approach to the region’s competitiveness.”

Companies like Rubicon Group Holding founded by Randa Ayoubi in 1994. Launched as a small venture capital project to create quality entertainment that captivates the human spirit, the company has now gone global with 300 employees in four locations – Amman, Los Angeles, Manila and Dubai. It is one of the most successful emerging market companies.

And in another sector, Dubai-based Ecobility is addressing key environmental issues such as sustainability. Founded in 2007, the private-sector Clean-Tech company champions sustainable development, ecological footprint reduction and heightened environmental awareness in the MENA region. Its mission is to translate the theory of sustainability into economic results for its clients.

 Al Nasher has faced more than competition in its business life. This newly listed Arabia500 company has proven it can withstand not only business competition but also political conflict. For more than 20 years this leading advertising, public relations and marketing agency in the MENA region has been thriving in one of the most conflict-ridden areas of the world – Palestine. It is a full-service integrated marketing and communications company with offices in Ramallah, Amman and Dubai.

For complete list of Arabia500 winners click here.

These and the other Arabia500 companies attending the summit will start with a meet and greet at 2pm on December 10 at the Sheikh Sayeed Hall in the Dubai World Trade Center. At 2:30 the highly anticipated XChange launch will take place and from 3-6 pm there will be three rounds of business match-making.  From 7-10pm the Arabia 500 awards will be announced, followed by an outdoor celebration at the Palm Gardens at the Dubai World Trade Center. Throughout the day, entrepreneurs will also be able to meet with AllWorld’s investing partners – NCB Capital, Eastgate Capital, and Migrate.

“The third annual Global Entrepreneurship Summit is a unique opportunity for energized and innovative entrepreneurs, matched with the world’s top business leaders, government policymakers, and other champions of entrepreneurship to create the foundation for extraordinary new opportunities” stated Ambassador of the United States to the United Arab Emirates Michael H. Corbin.    “With that in mind, I look forward to meeting all the members of the Arabia500 in Dubai.  I view their participation at the GES as an integral part of the summit.  I also thank the AllWorld Network for their tireless efforts to promote successful business ventures in the Middle East.”

Helal Saeed Almarri, CEO of Dubai World Trade Centre , said: "The Arabia500 Awards are a true celebration of entrepreneurial excellence in the Arab world, and it offers a strong opportunity not only for the fast-growing SMEs to benefit through networking with their peers, but also will serve as inspiration for emerging entrepreneurs."

Creating global opportunities and jobs is what AllWorld is all about. Giving worldwide visibility to the emerging world’s high growth, high potential companies, AllWorld Entrepreneurs are on track to create one million new jobs and build the largest entrepreneurship collaboration and information system by 2015. AllWorld Entrepreneurs are some of the region’s fastest growing enterprises, and they are teaming up to achieve scale and push forward innovations in areas from renewal energy, to mobile, to education.   They are also among the most innovative employers, offering valuable on-the-job training a wide range of employee benefits and profit sharing, and as a group the Arabia500 have encourage more than 300 employees to spin off as successful entrepreneurs. 

 AllWorld will present a rebroadcast of Michael Porter’s session at the 2012 AllWorld Summit at Harvard on Transforming Strategy: Creating Shared Value, followed by a live video Q&A with Professor Porter. Other speakers brought in by AllWorld for the GES include Tony Elumelu, Chairman of Heirs Holdings and one of Africa’s most successful businessmen and AllWorld’s Africa partner, David Harrison of Freelancer.com, one of the world’s fastest growing on line companies, and Karen Dillon and James AllWorth co-authors with Harvard Business School professor Clayton Christensen, among others. 

Hosted by the U.A.E. Government, the U.S. State Department’s Global Entrepreneurship Program in coordination with the White House and several U.S. agencies and in partnership with Entrepreneurial Ventures of Arabia (EVA), the two-day summit is under the patronage of H.H. Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the U.A.E. and the ruler of Dubai. The GES is the latest follow-up to President Obama’s historic April 2010 “Presidential Summit on Entrepreneurship” and the subsequent December 2011 Global Entrepreneurship Summit held in Istanbul, Turkey that was opened by U.S. Vice-President Joe Biden. H.E Sultan bin Saeed Al Mansouri, Minister of the Economy of the U.A.E., United States Under Secretary Francisco J. Sánchez, Assistant Secretary Jose Fernandez will speak during the Arabia500 Awards Event.

AllWorld's mission is to find and scale ALL the growth entrepreneurs of the emerging world by 2015.  How? AllWorld systematically identifies and ranks the fastest growing private companies to create the Arabia500, Africa500, Asia500, Eurasia500, and America500. An AllWorld ranking puts companies on the world map - attracting new investors, customers, growth partners and talent. This is what we call Visibility EconomicsTM.

CONTACT: Deirdre M Coyle, Jr - dcoylejr@allworldlive.com or +617.504.4547 or +971.(0)50 767 0867


The First 130 Finalists of the 2012 Arabia500's

posted on Nov 08, 2012

The complete Arabia500 to be announced on December 10th in Dubai 


 
Boston, Massachusetts, November 8, 2012....Today, AllWorld Network announced the first 130 Finalists for the 2012 Arabia500.
 
With seven days left until the Arabia500 deadline, these are the companies that finished the application ahead of schedule.
 
Growing at 50% a year, these 130 companies employ 25,000 people and most have encouraged employees to spin off as entrepreneurs. The Arabia500 are some of the region's biggest investors and most are so optimistic they plan to start another business in the next two years. 
 
The whole Arabia500 will be announced in December 10th at the Global Entrepreneurship Summit presented by Entrepreneurial Ventures of Arabia and the governments of the UAE and US.  
 
In Dubai, winners will gather for the Arabia500 Awards and to activate 500 partnerships. This is an unprecedented effort to spur jobs and regional integration.  AllWorld will also launch XchangeTM (the exclusive business development platform for winners), AllWorld Investor Circle, the Africa500 and SouthAsia250. 
 

There are still 7 days to apply for the Arabia500, and AllWorld encourages any private (non-listed) company from the Middle East, North Africa, Pakistan or Turkey to do so at www.allworldlive.com.  DEADLINE is November 15, 2012.

List of 130 Finalists

Bahrain
Avenue Car Rental & Leasing
 
Egypt
A. Fakhry & Co.
Art Link
First Trade
Hindawi Publishing Corporation
IPMagix
Malaika Linens
PAKY Art
T.A. Telecom
 
Jordan
Al Rabya Hotels, Tourism & Commercial Co. Ltd.
Alawneh Exchange
Bloom Dead Sea Gift Enterprises
ChangeAgent for Arab Development and Education Reform (CADER)
Drug Centre Pharmacy
EcoHotels
Gate2play
Golden Bird Food Industries
Ideal Solar Energy Co. Ltd. - Hanania
Izzat Marji Group
JValley Software Solutions
Maisam Architects & Engineers
Media Plus
Palma (Safwa Informatics)
Quds Paints Industry Ltd.
REACH 2.0
Schema Advisory
Silsal
Sketch in Motion
Technology Labs for Software Industry Ltd. (TEKLABZ)
The Specialty Hospital
 
Kuwait
KGL Logistics
Teshkeel Media Group
 
Lebanon
Active Identity
Care4health
Cleartag
FOO
Intramuro
Multimedia Megastore sal (M2)
Quantum Trading
Securatel sal
Technica Intl
 
Morocco
Netpeas
 
Palestine
Al Nasher Technical Services
Mada Al Arab
Nisaa Broadcasting Radio Company
 
Qatar
Construction Development Contracting and Trading
Momenta
Sidra Agriculture Company
 
Saudi Arabia
ADD Harmony
Brains
Digital & Electronic Solutions Development Company (ZONIK)
EDUCON for Educational Services
Elixir
Femi9
Ghassan A H Al Sulaiman Trading Establishment
GTMedical
Luxury Goods Trading Co. (Baby Fitaihi)
Mohammed Omer Kabli Trading Est.-Universal Cars
National Talents Co. for Training and Education
Reach Holdings Ltd.
Sela Sport
S-me
Tejoury Ltd.
United Marketing and Trading Company (U-MARK)
 
United Arab Emirates
Al Wegdaniyah Transport Solutions
Appetite Catering Services LLC
Business Automation & Security System (BASS)
DC Pro Engineering
DGT LLC
Dimara International
Diva Modelling and Events
Ecobility Energy Solutions
Emirates Pearl General Trading LLC
Futurelink
German Imaging Technologies (GIT) Dubai LLC
Halley's Comet Tourism
Hima Middle East FZE
HiPhone Telecom
International Business Consult
Mepco Gulf Co. LLC
On Time
Optimus Technology & Telecom
SamTech Middle East
Tasc Outsourcing (Tasc Labour Services)
Trinity Infotech LLC
WMS Metal Industries LLC
 
Pakistan
7Vals
A.A. Joyland
A2Z Creatorz
Abacus Consulting Technology (Pvt) Ltd.
Alliance Healthcare (Pvt) Ltd.
Almoiz Industries
Arbisoft (Pvt) Ltd.
Ask Development (Pvt) Ltd.
City University of Science and Information Technology
Confiz Solutions
E2E Supply Chain Management (Pvt) Ltd.
Educational Assessment, Systems and Training (EAST)
Empowerment thru Creative Integration (ECI) (Pvt) Ltd.
Enterprise Team
Everfresh Farms (Pvt) Ltd.
Folio3
Frontier Foundry (FF Steel), (Pvt) Ltd.
Hafeez Ghee & General Mills (Pvt), Ltd
Hillcrest Solutions (Pvt) Ltd.
Hostings House
Lakson Investments Limited
M/s. Saiduddin & Co.
Martin Dow Pharmaceuticals Ltd.
Medipak Limited
Moftak Solutions
Motif Leather Works
Mushko Electronics (Pvt) Ltd.
Pacific Exim (Pvt) Ltd.
Pak Steel Re-Rolling Mills
Pan Industries Private Limited
Performance Automotive (Pvt) Ltd.
Roshan Packages (Pvt) Ltd.
Rozee.pk
Seagold (Pvt) Limited
Shafi Glucochem (Pvt) Ltd.
Shafi Texcel
Siddiq Leather Works (Pvt) Ltd.
Sonya Travels (Pvt) Ltd.
SPEL - Synthetic Products Enterprises Limited
Student Shelter in Computers
Time & Space Media (Pvt) Ltd.
Topline Securities (Pvt) Limited
Uniplan Trade International (Pvt) Ltd.
Webiz Media (Pvt) Ltd.
CONTACT: Deirdre M Coyle, Jr.
+617.504.4547
dcoylejr@allworldlive.com

The Arabia500 lead an economic revolution - a strategy for immediate action to unleash growth & jobs in MENA

NOW Report Published by AllWorld Network

by Deirdre Coyle and Anne Habiby, co-Founders of AllWorld

A year ago, AllWorld Network released Now a strategy for immediate action to unleash growth, creativity and jobs in the Middle East and North Africa Region (MENA), and beyond.   The report is still relevant and the 2012 Arabia500 and Report will be released in early December 2012

Now focuses on the AllWorld Arabia Fast Growth 500, a group of 500 innovative private companies. The Arabia500 are succeeding against the odds of a global recession, growing an average of 50 percent yearly. They invest in education and training, are fiscally sound, well-managed and in tune with the global environment.  By contrast, Now exposes the forces of inefficient governments and privileged incumbents stifling progress – forces that gave rise to the Arab Spring. 

From the Arab Street to Wall Street, the demand is for jobs and bold economic action.  The bottom line is that economic strategies have failed and there is a worldwide jobs emergency.  We need a bold agenda with proven growth entrepreneurs leading the way.  The Arabia500 are a new force that collectively can challenge governments to move countries forward.

The Arabia500 spans 15 countries in MENA, as well as Turkey and Pakistan. Any private company was invited to compete for a spot on the inaugural Arabia500 by having rapid sales growth and demonstrating results with audited financial statements.  At a time when many companies are imploding, the Arabia500 are growing - led by very experienced, tech-savvy and transparent entrepreneurs. Each company employs and average of 200 people in industries from mobile technology to construction engineering.   As a group, the Arabia500 represent 100,000 staff, two times the size of Apple Inc, the largest technology company in the world. 

Many assumed the region only had small and unsophisticated entrepreneurs.  The Arabia500 crushes that assumption.  AllWorld went out, country by country from Morocco to Pakistan, and found the Arabia500 companies.  The Arabia 500 is not just a ranking, it is becoming the largest entrepreneurship collaboration to champion reform and progress.

AllWorld is all about action and the Now report is all about finding solutions. The publication of Now and the Arabia500 list puts credentialed up-and-coming companies on the global map so that investors, customers, media, and talent can find them.  By making these companies visible, AllWorld is supporting the future growth of the Arabia500 and a wave of job creation –this is what AllWorld calls Visibility EconomicsTM.    If the Arabia500 can achieve market visibility to continue their growth, they could create 50,000 jobs in the next two years.

At the 2011 Global Summit on Entrepreneurship, AllWorld released cutting edge research on Arabia 500, analyzing their success formula and identifying new channels of growth the region.  AllWorld has assembled the largest data set of real time operating and financial information on private growth companies of the MENA, Turkey and Pakistan region.  Information on hundreds of AllWorld companies is available at AllWorldLive.com.  

In addition, AllWorld is still accepting applications for the 2012 Arabia500 - apply at www.allworldlive.com

Read full report: Now…The Arabia 500 Report