Tag Archives | forbes

9 Lebanese Startups Among The Arab World’s Top 100

Forbes Middle East released its list of the top 100 startups in the Arab World and Lebanon earned 9 spots with Anghami coming 2nd in the overall ranking thanks to $29M in funding. UAE based startup Fetchr was ranked 1st with a funding of $52M.

Here’s a list of the Lebanese startups that were mentioned (Full list available here):

  • #2 Anghami – Music streaming platform
  • #23 Scriptr – IoT application platform
  • #25 Falafel Games –  Develops and publishes massively multiplayer online games
  • #31 Sqwirl Lab – Startup studio
  • #39 Energy24 – Alternative Energy storage and generator
  • #65 Blink My Car – Car care app
  • #72 Risk+ Solutions – Financial intelligence and risk management solutions
  • #77 Loop – Electric scooter sharing technology
  • #85 Myki – Cybersecurity

With the all the telecom infrastructure upgrades we are promised, I hope we get to see even more Lebanese projects and startups in the coming years.

On the other hand, a similar list was also compiled by Forbes for the top 100 Arab companies and 4 Lebanese banks made it to the list (Bank Audi, BLOM Bank, Byblos Bank, and Bank of Beirut).

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11 Lebanese in The Top 100 Arab Business Women for 2016

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Forbes Middle East recently released their list of the 100 most powerful businesswomen in the Arab world for 2016 and the below 11 Lebanese women made it to the list this year, with Lubna Olayan from Saudi Arabia topping it. (link)

#55 Sana Khater, CFO – Waha Capital

#57 Randa El Assaad, CEO – Arif & Bintoak Consulting Architects and Engineers

#58 Mona Bawarshi, CRO – Gezairi Transport

#60 Hala Fadel, Partner – Leap Ventures

#61 Nour Sweid, Partner – Leap Ventures

#66 Ingie Chalhoub, President – Etoile Group

#69 Christine Sfeir, CEO – Treats Holding

#82 Nadia Cheaib, Founder, CEO – ClinServ International

#83 Caroline Fattal Khoury, Senior VP; Board Member – Fattal Group

#92 Myrna Soufan, COO – Banque Bemo

#97 Jinan Zoya, General Manager – Gulf Family Business Council

I’m personally mostly familiar with Christine Sfeir as I follow her on a couple of social media platforms and she seems very down to earth.

On the other hand, Forbes Middle East also released a list of the world’s top 10 most powerful Arab women and 5 Lebanese women were mentioned in it with number 1 being Nemat Shafik from Egypt. (link)

#2 Amal Clooney, Lawyer – Doughty Street Chambers

#3 Nayla Hayek, Chair Swatch; CEO – Harry Winston

#6 Rula Ghani, Afghanistan’s First Lady

#7 Reem Accra, Fashion Designer

#8 Aya Bdeir, Founder, CEO – Little Bits

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Lebanon Has The Highest Number of Billionaires Per Capita

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Forbes Middle East released their list of the world’s richest Arabs in 2016 headed by Prine AlWaleed Bin Talal (17.3 Billion) and 7 unsurprising names from Lebanese made it to the list this year.

12. Najib Mikati, 2.5 Billion
12. Taha Mikati, 2.5 Billion
15. Bahaa Hariri, 2.2 Billion
23. Robert Mouawad & family, 1.5 Billion
25. Saad Hariri, 1.4 Billion
31. Ayman Hariri, 1.2 Billion
32. Fahd Hariri, 1.2 Billion

With these figures, Lebanon turned out to be the country with highest number of billionaires per capita in the Arab world.

But for some reason I always have a hard time believing that these lists report the exact number of billionaires in Lebanon and the other countries simply because we lack transparency here in our region. The Mubarak family of Egypt for example never made it to any “Richest Arabs” list, and we only knew about their billions after they were overthrown.

In our case, we have politicians who have been active for more than 30 and 40 years now like Berri and Joumblat, and I highly doubt these two have not been able to make a couple billions throughout their long years of “serving” the nation.. so yeah there’s definitely more to add to that Forbes list.

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Lebanon’s Fadel Adib is on the Forbes 30 Under 30 List

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The name might be familiar to you since Fadel Adib was already on MIT’s “35 Innovators Under 35” list earlier in 2014 along with Ayah Bdeir and Rand Hindi.

Fadel is known to have created WiTrack, which allows tracking of moving bodies using wireless signals, and has been named once again among the world’s top people in technology but this time in Forbes list of 30 Under 30 rising stars in enterprise technology.

Fadel Adib, 25, Ph.D. candidate at MIT

As an MIT grad student, Adib was part of the team that created WiTrack, a spin on Wi-Fi that uses a radio signal–just 1% as strong as Wi-Fi and 0.1% of your smartphone’s signal–to track movements with incredible accuracy.

You can check the full list here.

Fadel is yet another example how successful can Lebanese be outside their country but have to suffer here due to the political and social pressures.

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Instabeat and Wally mentioned on Forbes

General Views Of Dubai

Forbes recently posted about 10 Middle Eastern startups that will (hopefully) change lives in the MENA region and the world. Two of these startups are Instabeat, which was founded by Lebanese Hind Hobeika, and Wally, which has two Lebanese members on board of its team, Makram Saleh and Maya Zankoul.

You can check the full list here. If it were up to me, I would have also added eTobb.com.

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Top 100 rich Arabs for 2013

According to Forbes, three Lebanese are among the top 10 rich Arabs for this year. Joseph Safra, a Lebanese Brazilian banker, came in the 2nd position with $19.5 billion, while Najib & Taha Mikati ranked 8th with $3.5 billion each.

On the other hand, the wealthiest member of the Hariri’s is Bahaa Hariri who ranked 15th with $2.4 billion. You can check the full list below.

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via Emirates 24/7

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