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Deloitte Middle East Technology FAST 50 results announced
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Deloitte Middle East has released the results of the first edition of the Middle East Technology Fast 50, the list of fastest growing technology companies in Middle East and Cyprus. The program recognizes the fastest-growing technology companies in the region based on revenue growth over the last fo...
Deloitte Middle East has released the results of the first edition of the Middle East Technology Fast 50, the list of fastest growing technology companies in Middle East and Cyprus. The program recognizes the fastest-growing technology companies in the region based on revenue growth over the last four years.
The list includes tech companies from across different industries and sectors including cyber-security, digital services, healthcare, fintech, ecommerce, game developers, communications and software developers. The Technology Fast 50 results prove the wealth and breadth of the scale-up ecosystems in the region, providing a glimpse of the promising future beheld.
In addition to the companies distinguished in the Fast 50 results, Deloitte also recognized a strong cohort of younger companies, which are included in the “Companies to Watch” listing. These high-growth companies don’t qualify for the Technology Fast 50 list as they have less than four years of existing revenue but have shown an exceptional growth trajectory.
“This year’s finalists have demonstrated resilience, leadership, passion to push boundaries and adaptability to thrive in the new normal. They have a clear roadmap at the early stage where they are today and many of them are very purpose-driven,” said David Stark, Partner and Deloitte Private Leader. “We understand that it takes passion, dedication, and innovation to join this elite group of fast-growing technology companies and we are thrilled by the candidates and winners of this year’s program.”
“The launch of the FAST 50 program for the Middle East and Cyprus region highlights Deloitte’s commitment to supporting a new generation of corporations that will shape the future of business. The companies participating in this program are both resilient and innovative, contributing to the region’s digital transformation, job creation, and sustainable growth,” said Emmanuel Durou, Partner and Technology, Media & Telecommunications leader for Deloitte in the Middle East.
The Deloitte Technology Fast 50 program is one of the foremost technology recognition programs across several Geo’s and the first edition in the region. It is a ranking of the Middle East’s 50 fastest-growing technology companies based on revenue growth over the last four years. In its first year, the program aims to strengthen the region’s technology ecosystem by celebrating and supporting business growth, innovation and entrepreneurship.
For further information, visit the Technology Fast 50 webpage
To sign up for the second edition of the Deloitte Technology Fast 50 Program, click here: Why participate? | Technology Fast 50 (deloitte.com)
Frequently Asked Questions about Deloitte Middle East Technology FAST 50 results announced
1What is the Deloitte Technology Fast 50?
The Deloitte Technology Fast 50 is a ranking of the 50 fastest-growing technology companies in the Middle East and Cyprus, based on revenue growth over the last four years.
2What is revenue growth?
Revenue growth is the increase in a company's sales over a specified period, often expressed as a percentage. It indicates how well a company is performing financially.
3What are 'Companies to Watch'?
'Companies to Watch' is a listing by Deloitte that recognizes high-growth companies that have shown exceptional growth but do not yet qualify for the Fast 50 due to having less than four years of revenue.
4What is digital transformation?
Digital transformation is the process of using digital technologies to create new or modify existing business processes, culture, and customer experiences to meet changing business and market requirements.
