As it common in ancient times to many, The Middle East is an unlikely locale for entrepreneur and entrepreneurialism. But in fact, the Middle East is increasingly producing startups and entrepreneur who are creating companies that will change our lives.
Top 10 entrepreneur in the Middle East
1- Ronaldo Mouchawar
A Syrian entrepreneur that is a Co-founder and CEO of the largest e-commerce site in the Arab world, Souq.com. Ronaldo is the leading figure in the UAE’s entrepreneurial sector. Souq.com spun off in 2009 as part of Jabbar Internet Group. Currently, it features over 600,000 products ranging from electronics, fashion and household utensils and attracts over 42 million visits per month.
2- Nadia Moussouni
She is the co-founder of her startup Energy 24 that raised $3 million. Founded in 2011, Moussoun’s Beirut-based startup seeks to create alternative energy storage and generators and currently consists of two technicians.
3- Loulou Khazen
She is the founder of her startup Nabbesh. Loulou Khazen Baz raised $1.8 million for her startup Nabbesh. Founded in 2012, Baz’s startup is the Middle East’s first online freelance work marketplace. Loulou previously won the TV show (The Entrepreneur) in 2012 for the Nabbesh idea and oversaw the planning of new startups in the healthcare, education and technology sectors.
4- QAIS AL KANJI
He launched his first company Qais United Enterprises Trading in 2010, followed by IT solutions firm Genesis International in 2012. A year later he established an enhanced oil recovery business, Genesis Projects, and Investments ¬LLC – EOR Lab Services.
5- Ralph R Debbas
A Lebanese entrepreneur that is CEO and chairman of W Motors. W Motors is the Arab world’s first manufacturer of high-performance luxury sports cars in Lebanon in 2012, before moving the company to Dubai a year later. The company auctioned its first vehicle which was a Lykan HyperSport $3.4m and was the most expensive car to feature in the Fast and Furious franchise.
6- Khalid Al Khudair
A Saudi Arabian/Iraqi entrepreneur that Founder and board member of Glowork. Formerly chief operating officer for KPMG in Saudi, Jordan, and Kuwait, Al Khudair is the current Founder and CEO of Glowork which is a women empowerment organization that has created thousands of jobs for women. In addition to his accomplishments, Khalid led Glowork to an investment of over $16m to expand its current operations into different verticals.
7- Hind Hobeika
A Lebanese entrepreneur that is the Founder of Instabeat. In 2011, she established a company named Instabeat, which is a sports technology startup based in Lebanon. Hind has raised funding through both traditional and crowdfunding platforms, achieving more than twice her initial goal of $35,000 on Indiegogo during the first days of a campaign in 2013.
8- Magnus Olsson and Mudassar Sheikha
A Swedish and Pakistani that are Co-founders of Careem. both former consultants at McKinsey & Company, and previously technology entrepreneurs in Sweden and Silicon Valley respectively. Careem was started in June-2012 by Magnus Olsson and Mudassir Sheikha, It has expanded the chauffeur service across the region. It is now present in 14 cities across the Middle East, most recently expanding into Morocco through the acquisition of Taxi.
9- Mark Carroll and Andreas Borgmann
A British and Danish who founded Dubai-based Kcal Healthy Fast Food in 2010. They were aware of how unhealthy fast-food was for the public and decided to make a change by establishing a calorie counting fast food chain Kcal.
10- Paul Kenny
An Irish that is the Founder and CEO of Cobone.com. Paul Kenny is one of the region’s most influential and recognized entrepreneur in the technology industry. Upon being launched in 2010, Cobone.com has become one of the Middle East and North Africa’s top e-commerce sites and was sold to Tiger Global Management in 2010 for an estimated $40m before its most recent sale to Middle East Digital Group.