Istanbul, Turkey…AllWorld Network announced that Pakistan is winners of the Arabia500+Turkey, a ranking of the fastest growing young companies in the Middle East and North Africa, Turkey and Pakistan. 70 fast growth companies from Pakistan qualified for the Arabia500, putting Pakistan in second position after Turkey with 117 winners.
AllWorld was co-founded by Harvard Business School Professor Michael E. Porter, Deirdre M. Coyle, Jr., and Anne S. Habibym with the aim to bring visibility to growing companies in emerging markets to increase their odds of success.
Each Pakistan entrepreneur on the ranking has grown an average of 40 percent annually between 2008 and 2010, created an average of 200 jobs per company, and is succeeding in industries from web technology to transportation, food to textiles, and construction to consulting.
The fastest growing company from Pakistan, E2E Supply Chain Management, grew at 1,918 percent between 2008 and 2010, with revenues above $50 million and 297 employees.
News Details: AllWorldNetwork
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