Deloitte Middle East Opens Applications For The Fifth Edition Of Technology Fast 50 Program
(MENAFN- Mid-East Info)
Scott Whalan, Deloitte Private Leader, Middle East said:“What excites us about the fifth edition of Technology Fast 50 is not just the remarkable growth we're seeing, but the diversity of innovation across the region. From fintech and e-commerce to sustainability, healthtech, and AI, the program celebrates tech-led businesses at every stage that are shaping the future of economies and societies in the Middle East and Cyprus.” The program spans five categories: Technology Fast 50, which recognizes the fastest-growing tech companies by revenue growth; Rising Star, highlighting younger firms with strong potential; Impact, celebrating companies with ESG principles at the heart of their mission; Women in Leadership, spotlighting female-led ventures; and Kiyadat, introduced to recognize the achievements of GCC national founders. By submitting a nomination form, eligible companies are automatically considered across all award categories. Previous applicants and winners are also encouraged to re-apply each year, and will receive a unique, shortened link to streamline the process. Last year's fourth edition recorded a milestone 200+ applications, highlighting the momentum of the region's start-up ecosystem. Saudi Arabia led the rankings with 30% of listed companies, followed by the UAE (28%) and Cyprus (16%). Ranked companies achieved an average growth rate of 8,823%, with 29 firms surpassing 1,000% growth, and the top performer reporting an exceptional 20,164% increase. Fintech and Software once again emerged as the most represented sectors, while diversity also advanced with 18% of ranked companies being women-led, up from 15% the year before. Applications are open to technology companies operating in sectors including Communications, Digital Commerce, EdTech, Environmental Tech, FinTech, Hardware, Healthcare and Life Sciences, Media and Entertainment, and Software. About Deloitte & Touche (M.E.) LLP: Deloitte & Touche (M.E.) LLP (“DME”) is the affiliate for the territories of the Middle East and Cyprus of Deloitte NSE LLP (“NSE”), a UK limited liability partnership and member firms of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”). DME is a leading professional services organization established in the Middle East region with uninterrupted presence since 1926. DME's presence in the Middle East region is established through its affiliated independent legal entities, which are licensed to operate and to provide services under the applicable laws and regulations of the relevant country. DME's affiliates and related entities cannot oblige each other and/or DME, and when providing services, each affiliate and related entity engages directly and independently with its own clients and shall only be liable for its own acts or omissions and not those of any other affiliate. DME provides services throughout 23 offices in 15 countries with more than 7,000 partners, directors and staff. About Deloitte: Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited (“DTTL”), its global network of member firms, and their related entities (collectively, the“Deloitte organization”). DTTL (also referred to as“Deloitte Global”) and each of its member firms and related entities are legally separate and independent entities, which cannot obligate or bind each other in respect of third parties. DTTL and each DTTL member firm sand related entity is liable only for its own acts and omissions, and not those of each other. DTTL, NSE and DME do not provide services to clients. Deloitte provides Audit & Assurance, Tax & Legal and Consulting and related services to nearly 90% of the Fortune Global 500® and thousands of private companies. Our professionals deliver measurable and lasting results that help reinforce public trust in capital markets, enable clients to transform and thrive, and lead the way toward a stronger economy, a more equitable society and a sustainable world. Building on its 175-plus year history, Deloitte spans more than 150 countries and territories.
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Applications now open for Middle East and Cyprus-based technology startups to join the Fast 50 journey.
Program categories span Technology Fast 50, Rising Star, Impact, Women in Leadership, and Kiyadat.
Scott Whalan, Deloitte Private Leader, Middle East said:“What excites us about the fifth edition of Technology Fast 50 is not just the remarkable growth we're seeing, but the diversity of innovation across the region. From fintech and e-commerce to sustainability, healthtech, and AI, the program celebrates tech-led businesses at every stage that are shaping the future of economies and societies in the Middle East and Cyprus.” The program spans five categories: Technology Fast 50, which recognizes the fastest-growing tech companies by revenue growth; Rising Star, highlighting younger firms with strong potential; Impact, celebrating companies with ESG principles at the heart of their mission; Women in Leadership, spotlighting female-led ventures; and Kiyadat, introduced to recognize the achievements of GCC national founders. By submitting a nomination form, eligible companies are automatically considered across all award categories. Previous applicants and winners are also encouraged to re-apply each year, and will receive a unique, shortened link to streamline the process. Last year's fourth edition recorded a milestone 200+ applications, highlighting the momentum of the region's start-up ecosystem. Saudi Arabia led the rankings with 30% of listed companies, followed by the UAE (28%) and Cyprus (16%). Ranked companies achieved an average growth rate of 8,823%, with 29 firms surpassing 1,000% growth, and the top performer reporting an exceptional 20,164% increase. Fintech and Software once again emerged as the most represented sectors, while diversity also advanced with 18% of ranked companies being women-led, up from 15% the year before. Applications are open to technology companies operating in sectors including Communications, Digital Commerce, EdTech, Environmental Tech, FinTech, Hardware, Healthcare and Life Sciences, Media and Entertainment, and Software. About Deloitte & Touche (M.E.) LLP: Deloitte & Touche (M.E.) LLP (“DME”) is the affiliate for the territories of the Middle East and Cyprus of Deloitte NSE LLP (“NSE”), a UK limited liability partnership and member firms of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”). DME is a leading professional services organization established in the Middle East region with uninterrupted presence since 1926. DME's presence in the Middle East region is established through its affiliated independent legal entities, which are licensed to operate and to provide services under the applicable laws and regulations of the relevant country. DME's affiliates and related entities cannot oblige each other and/or DME, and when providing services, each affiliate and related entity engages directly and independently with its own clients and shall only be liable for its own acts or omissions and not those of any other affiliate. DME provides services throughout 23 offices in 15 countries with more than 7,000 partners, directors and staff. About Deloitte: Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited (“DTTL”), its global network of member firms, and their related entities (collectively, the“Deloitte organization”). DTTL (also referred to as“Deloitte Global”) and each of its member firms and related entities are legally separate and independent entities, which cannot obligate or bind each other in respect of third parties. DTTL and each DTTL member firm sand related entity is liable only for its own acts and omissions, and not those of each other. DTTL, NSE and DME do not provide services to clients. Deloitte provides Audit & Assurance, Tax & Legal and Consulting and related services to nearly 90% of the Fortune Global 500® and thousands of private companies. Our professionals deliver measurable and lasting results that help reinforce public trust in capital markets, enable clients to transform and thrive, and lead the way toward a stronger economy, a more equitable society and a sustainable world. Building on its 175-plus year history, Deloitte spans more than 150 countries and territories.
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