Pakistan ranks second in Arabia Fast Growth 500 list
A total of 70 companies from Pakistan made it to the list of Arabia500, with Turkey topping the list with 117 companies and Saudi Arabia ranking third with 40.
Arabia500 is a project by AllWorld Network which aims to bring together the fast-growing companies of the world based on their yearly growth, number of employees and revenue generation.
E2E Supply Chain Management tops Pakistan’s list with a growth rate of 1,918% in the Transportation and Aviation Industry between the years 2008-2010. Founded in 2006, the company has a 2010 revenue range of $50-200 million and 297 employees.
Exceed Private Limited comes second in Pakistan’s list with a growth rate of 1,320%, revenue range of $10-50 million and 90 employees in the Construction and Engineering Industry.
Companies from Pakistan which made it to the list include Rozee.pk, Folio3, Vita Pakistan Limited, The HobNob Group, Iqra National University-Iqra Trust and others.
The least number of companies are from Yemen and Syria with one from each, while two companies from Palestine also made it to the list. Other countries in Arabia 500 include Algeria, Bahrain, Egypt, Jordan, Lebanon, Morocco, Qatar, Tunisia and UAE.
The winners are invited to the Arabia 500 Awards Ceremony and Global Entrepreneurship Summit in Turkey which takes place from December 3-6.
Companies from Pakistan
| Rank | Company Name | Growth Rate (%) | Growth Period | Revenue Range | Industry |
| 1 | E2E Supply Chain Management (Pvt) Ltd. | 1,918% | 2008-2010 | 50-200 million USD | Transportation and Aviation |
| 3 | Exceed Private Limited | 1,320% | 2008-2010 | 10-50 million USD | Construction and Engineering |
| 4 | Fund Marketing International | 954% | 2008-2010 | 1-5 million USD | Import/Export Trade |
| 8 | Almoiz Industries | 477% | 2008-2010 | 10-50 million USD | Agriculture and Mining |
| 10 | Innovative Technologies Pvt. Ltd (Luscious Cosmetics) | 392% | 2008-2010 | < 1 million USD | Consumer Goods |
| 12 | Etimaad Engineering (Pvt) Limited | 388% | 2008-2010 | 10-50 million USD | Construction and Engineering |
| 13 | Arbisoft (Pvt.) Ltd. | 385% | 2008-2010 | < 1 million USD | Software Services and Products |
| 17 | Umer Trading Company | 337% | 2008-2010 | < 1 million USD | Import/Export Trade |
| 20 | Rozee.pk | 304% | 2008-2010 | < 1 million USD | Recruitment and Training |
| 23 | Taneez (Pvt) Ltd | 271% | 2008-2010 | < 1 million USD | Construction and Engineering |
| 26 | Student Shelter In Computers | 229% | 2008-2010 | < 1 million USD | Education |
| 28 | i2c Inc | 217% | 2008-2010 | 5-10 million USD | High-Tech and Telecommunications |
| 32 | Empowerment thru Creative Integration (ECI) Pvt Ltd | 194% | 2008-2010 | < 1 million USD | Professional and Consulting |
| 34 | KBK Electronics (Pvt.) Ltd. | 186% | 2008-2010 | 10-50 million USD | Consumer Goods |
| 38 | Naya Tel Private limited | 173% | 2008-2010 | 5-10 million USD | High-Tech and Telecommunications |
| 39 | Dawood Family Takaful Limited | 171% | 2008-2010 | 1-5 million USD | Finance and Insurance |
| 43 | Sonya Travels (Pvt) Ltd | 157% | 2008-2010 | 10-50 million USD | Travel and Tourism |
| 44 | Folio3 | 149% | 2008-2010 | 1-5 million USD | Professional, Scientific and Tech Services |
| 45 | Medialogic Pakistan | 146% | 2008-2010 | 1-5 million USD | Professional and Consulting |
| 47 | Seagold Private Limited | 143% | 2008-2010 | 10-50 million USD | Transportation and Aviation |
| 50 | Tradekey Private Limited | 136% | 2008-2010 | 1-5 million USD | Professional, Scientific and Tech Services |
| 55 | Karma Enterprises Private Ltd | 127% | 2008-2010 | 1-5 million USD | Textiles and Fashion |
| 57 | Frontier Foundry Private Ltd (FF STEEL) | 122% | 2008-2010 | 10-50 million USD | Manufacturing and Packaging |
| 58 | Meskay and Femtee Trading | 119% | 2008-2010 | 50-200 million USD | Agriculture and Mining |
| 60 | Roshan Packages Pvt.Ltd | 116% | 2008-2010 | 10-50 million USD | Manufacturing and Packaging |
| 64 | Sofizar Private Limited | 109% | 2008-2010 | 1-5 million USD | High-Tech and Telecommunications |
| 65 | SPEL - Synthetic Products Enterprises Limited | 105% | 2008-2010 | 5-10 million USD | Manufacturing and Packaging |
| 68 | ExpressPac Private LTD | 98% | 2008-2010 | 1-5 million USD | Consumer Goods |
| 73 | Abacus Consulting Technology (Pvt) Ltd. | 83% | 2008-2010 | 10-50 million USD | Professional and Consulting Services |
| 76 | Shaigan Pharmaceuticals Private Ltd. | 79% | 2008-2010 | 5-10 million USD | Health and HealthCare |
| 78 | S. K. Stones Pvt Ltd./Amish Marble | 78% | 2008-2010 | 1-5 million USD | Construction and Engineering |
| 79 | Iqra National University-Iqra Trust | 75% | 2008-2010 | 1-5 million USD | Education |
| 82 | iTextiles | 75% | 2008-2010 | 5-10 million USD | Textiles and Fashion |
| 86 | City University of Science and Information Technology | 71% | 2008-2010 | 1-5 million USD | Education |
| 91 | Cotton Web(pvt) Ltd | 64% | 2008-2010 | 10-50 million USD | Textiles and Fashion |
| 105 | Interwood Mobel | 52% | 2008-2010 | 10-50 million USD | Construction and Engineering |
| 106 | Southern Travels (Pvt) Ltd | 49% | 2008-2010 | 10-50 million USD | Travel and Tourism |
| 107 | Egas Pvt. Ltd | 47% | 2008-2010 | < 1 million USD | Energy and Power, Water |
| 109 | Riaz Textile Mills (PVT) Limited | 45% | 2008-2010 | 50-200 million USD | Textiles and Fashion |
| 111 | Descon Engineering Limited | 41% | 2008-2010 | 200-500 million USD | Construction and Engineering |
| 116 | International Trading Corporation | 36% | 2008-2010 | < 1 million USD | Import/Export Trade |
| 117 | Malang Gas Link | 36% | 2008-2010 | 10-50 million USD | Conventional Energy |
| 125 | Inbox Business Technologies | 28% | 2008-2010 | 10-50 million USD | Software Services and Products |
| 127 | Mustang Security Services (Pvt) Limited | 28% | 2008-2010 | 5-10 million USD | Computer Networking and Software |
| 130 | City University and Peshawar Model Degree College(Boys) | 27% | 2008-2010 | < 1 million USD | Education |
| 131 | Rawalpindi Flour and General Mills Ltd | 27% | 2008-2010 | 1-5 million USD | Agriculture and Mining |
| 133 | Vita Pakistan Limited | 27% | 2008-2010 | 10-50 million USD | Food Industries |
| 134 | Techlogix Pakistan Pvt. Ltd. | 26% | 2008-2010 | 10-50 million USD | Software Services and Products |
| 136 | Multilynx | 25% | 2008-2010 | 10-50 million USD | High-Tech and Telecommunications |
| 148 | Remington Pharmaceutical Industries (Pvt) Ltd. | 15% | 2008-2010 | 5-10 million USD | Manufacturing and Packaging |
| 149 | Kestral Trading | 14% | 2008-2010 | 1-5 million USD | Professional and Consulting Services |
| 151 | Corvit Networks | 14% | 2008-2010 | 1-5 million USD | High-Tech and Telecommunications |
| 153 | Faysal Asset Management Limited | 12% | 2008-2010 | 1-5 million USD | Finance and Insurance |
| 157 | The HobNob Group | 10% | 2008-2010 | < 1 million USD | Food Industries |
| 159 | Creative Chaos (Private) Limited | 10% | 2008-2010 | 1-5 million USD | Software Services and Products |
| 163 | Ideal Distribution Line | 10% | 2008-2010 | 1-5 million USD | Computer Networking and Software |
| 160 | Royal Group | 10% | 2008-2010 | 1-5 million USD | Import/Export Trade |
| Start-Up to Watch | A2Z Creatorz | < 1 million USD | E-commerce and Web services | ||
| Start-Up to Watch | Bramerz (Pvt) Ltd | < 1 million USD | E-commerce and Web services | ||
| Start-Up to Watch | Gizelle Communications | < 1 million USD | Media, Publishing and Printing | ||
| Start-Up to Watch | Hillcrest Solutions (Private) Limited | 1-5 million USD | Professional and Consulting Services | ||
| Start-Up to Watch | Mint Consulting Group (MCG) | 1-5 million USD | Professional and Consulting Services | ||
| Start-Up to Watch | Moftak Solutions | < 1 million USD | Software Services and Products | ||
| Start-Up to Watch | Mustang HRMS (Pvt) Limited | 1-5 million USD | Professional and Consulting Services | ||
| Start-Up to Watch | Optimedia Pvt. Ltd. | 1-5 million USD | Media, Publishing and Printing | ||
| Start-Up to Watch | Ovex Tech | 1-5 million USD | Professional and Consulting | ||
| Start-Up to Watch | LOGIX College | < 1 million USD | Education | ||
| Start-Up to Watch | M/s. Saiduddin and Co. | < 1 million USD | Professional and Consulting | ||
| Start-Up to Watch | Onstyle Sports | < 1 million USD | Textiles and Fashion | ||
| Start-Up to Watch | Smartek | < 1 million USD | Construction and Engineering |
A version of this post originally appeared on ProPakistani.
COMMENTS (32)
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@reformistan If Saudis could, they would have bought India 10 times over. Only they cannot. "Dil behalane ke liye khayal acha hai". On a serious note, as pointed out by one of the commentators, companies having small base has higher rate of growth, Say if company A has turn over of Rs1million in one month and Rs2million in next your growth rate is 100%, But if company B has turnover of Rs10million in a month and Rs15million the next, your growth rate is 50% over that period. But in absolute terms comany B has done RS13million worth more business. Statistics can be misleading. BTW TCS is the world's second largest service provider. Next only to IBM. But then one can argue TCS is no longer an Indian company. ts transnational. The difference between Saudi/ middle eastern and other economies is that other economies are not based on oil. And that is a BIG difference considering 80% + of Indian import bill is of oil.
@Kulamarva Balakrishna: Always pointless.
This list is neither here nor there. Reason is that it is tracking the companies based on the growth. I can start a shop, and in year 1 there is hardly any sale as I am setting up. Next year, there will be increase in sale as I am maturing, and in year three I may reach my sustainable levels. So put in numbers, if I am selling 10 units in year 1, 50 units in year 2 and 100 units in year 3, then my year on year growth will be 500% in year 2 and 200% in year 3. Now this is all misleading. What needs to be seen is overall growth of the industrial sectors and economy as a whole..... I would like to see those numbers...
@scorp
Indians, first you make a foolish boast that TCS is equal to all of middle east companies. upon correction, you start talking about whether ARAMCO is private or public. are you making rules as you go along? stay on point. Saudis have over a TRILLION DOLLARS invested in the world's biggest, most profitable, most advanced companies. They could buy India 10 times over. You think just because you had a good decade, you are filthy rich compared to everyone else? There are 1.3 billion Indians yet your GDP economy is smaller than tiny ITALY. How dare you insult other countries like Somalia? 700 million Indians live worse than Somalis. The others 600 million seem to be on Pakistan-related news forums!
Second, so what if the list is arbitrary. Pakistan IS PART OF central Asia & greater middle east i.e. Turkey. pakistan was part of central asia for 5000 of the last 5500 years. If some private organization or publication wants to include a select group in a summit, what is your problem? Maybe they want to enhance bilateral, cultural ties?
Third, Are we allowed to discuss our own companies irrespective of their revenues? This is a Pakistani newspaper. guess what? we are going to discuss and celebrate local entrepreneurs.
reformistani
@Cherish: Bro, Why would Turkey include Israel who nobody has contacts with and Iran who everyone hates right now? Your thinking is betraying you @scorp: You mean even if there is SABIC, Bin Ladin corp, Kingdom Holding, Al Rajae group of companies, Somalia would still be better? :O
Trust me Indian, don't bite the hand that feeds millions of Indians in Saudi.
All I can say is... ha ha ha ha ha ha ha ha! :) At the story as well as the comments!
Is this a list of Arab companies?- No, Turkey are not Arab is this a list of Muslim companies? No, where is Indonesia and Malaysia? Is this a list of Middle Eastern companies?- No, where is Israel and Iran This is just a list to make the Turks, the Pakistanis and the Saudis happy Yeah its difficult to get into the Fortune 500 or the Forbes Global 2000, so let us make an arbitrary list to revel in self- glorification !
reformistani:your comparison of ARAMCO with TATA shows your ignorance more than anything,first ARAMCO is a (completely)state owned privately run organization which directly comes under their ministry of oil and gas,FYI if you take ARAMCO out of KSA, Saudi's economy make Somalia look more attractive if not better.
28 out of these 70 companies have revenues of 5 million or less. A high growth rate on a small base like that cannot be compared with growth rate of companies who are a reasonable size like Descon engineering limited.
I just did a small exercise. I added up the revenues of these 70 fastst growing companies by taking midpoiint of the range. So for a company in 50-200 m range I took it as 125 m, for 10-50 million I took it as 30 million. Of course some maybe larger and some maybe smaller, so average should work out.
The total revenues of all these 70 companies put together was less than 1.5 billion dollars.
While Pakistani people have a right to feel happy about any good news coming from their country - perhaps they want to keep some perspective about how good it really is.
As you can see I am not making any comparison with India since that is not the point of this article anyway.
The comments from Indians here truly betrays their mentality.
First, to our geniuses from across the border... whether you like it or not Pakistan is considered - the greater middle east by the United Nations. We are a cross-roads civilization at the intersection of central asia, south asia and the greater middle east. Pakistani territory is a few kilometers away from the arabian peninsula. We are on the arabian sea. Pakistan is similar to Turkey which sits at the intersection of Europe, Asia and the greater middle east. Gwardar was an Omani colony. It is perfectly adequate for Pakistan to be part of this list.
Second, your bragging about Infosys and TCS is obnoxious and nauseating on a pakistani newspaper on a pakistani (ahem middle east) topic completely unrelated to you. For five decades, Pakistan GDP growth % was greater than India's. Did we brag like you? I hope not. It was only in the 90s the america outsourced to modern day tech-serfs.
Third, I would live in Turkey, Algeria or Jordan ANY DAY over incredible, shiny India. Your bragging is strange since 4 million Indians choose to live in the Middle East instead of India!
Fourth, to the misguided gentleman who thinks Tata Consulting Services is equal to all of middle east, Let Tata catch up to ARAMCO first then it can take on the whole middle east.
Fifth, to the Indian belittling Turkey, do you know what their per capita income is compare to anyone in South Asia? Are there 700 million people living in sub-saharan conditions in Turkey?
Sixth, Learn to give some recognition to others. We are in the middle of tremendous strain, war, yet we sustain, create, build no matter how small.... Learn to give some credit. Afridi was right.
reformistani@fahim: My friend. It is you who is living in a fool's paradise. Do you consider wealthy countries like Algeria to be like Somalia
Look at Indians here. I thought your economy is teetering as we speak. We know your obsession for your billionaires. That's why they owned much of your country's wealth. Secondly, the Arab world feed you Indians, how could you reduce them to be a lower world? Many of you Indians will give up Mumbai for Dubai anytime you get a chance and yet you look down at the Arab world? The Arab cities are clean, beautiful and magnificent. Not one Indian cities could come close to that. Food for thought.
Instead of ridiculing this small Pakistan's achievements, go and pay attention to your 10% Inflation and currency slipping down the market. Hell is breaking loose: http://timesofindia.indiatimes.com/business/india-business/India-may-face-its-worst-financial-crisis-in-decades-as-rupee-retreats/articleshow/10993042.cms
in few years TCS = All the companies of Middle East[M.E. includes pakistan as well].
@fahim: Fool's paradise Indian? Have you ever been to Algeria or Jordan? Nope? so what's the fuss about? Secondly, this is exactly like when you compare India with Pakistan. How can India be ever compared to Pakistan considering its economies of scale.
Indians do live in a fool's paradise.
No Engro on the list? it has to be seen how they are formulating the list.
great competition... algeria, jondan, yemen, syria... ha ha.. joke of the day. why not pick some from africa? like somalia, congo, ethiopia? we indeed live in fools paradise.
Vienna,December 5,2011 First lead Arabia, then Islamic world then take the rest of the world. GOOD LUCK abroad, Pakistan sovereign has been in exchange leased to the single United Arab Emirates!!!! Taravadu Taranga Trust for Media Monitoring TTT MM India --Kulamarva Balakrishna
@Farhaan: Are you like serious Indian? Pakistan is the third largest investor in Dubai free zone and numerous other zones across middle east.
Pakistani entrepreneurs are leaving in droves.
let see 2011 Arabia Fast Growth 500 = Infosys India
@Imran Mohammad : first i am not here to stir up anything over here,but just to point out a deliberate attempt of a Turkish pipe dreamer's idea to make them look bigger than what actually they are.Either you can understand it or you can be happy with the report, but i would reserve my right to question the report, why is Indonesia or Malaysia are missing from the list,if included Turkish look like puny or bumblebee
Is this a joke?? Since when have we gone to Middle East. Please dont try these tactics when we cant compete with India.. If there was a business forum of Somalia and Pakistan only even then we would have occupied all the spots.
@Adil: Yeah, we got the truth. Pakistan will be number one in the world if you don't consider the rest of the nations.
This is good to know, and gives confidence to a lot of pakistanis. Inshallah this is just the beginning and pakistan will secure good growth. With a big domestic need and consumer base we can propel our economy in a healthy way. No offence, but China and India do have massive problems controlling their society and economy once the growth steams out and in recession times. More easier in a smaller economy like pakistans. The Governement should start giving these companies domestic orders in an open tender and through heatly competition so they gain experience. In the future these companies will be be amble exporters too and generate revenue to Pak. Our Engineering field should have good demand in ME and MAGREB countries, due to our culture and language/script linkage. My dream is that one day every Pakistani will be wealthy enough to have a security level like in Europe. Inshallah.
@scorp, India is mahan, is the best best country that every has been and will be, it is so progressive that milk and honey flows in every street, all people worry about is Yoga, Bollywood and IT without worrying about corruption/poverty/insurgencies.
Please let small guys like us ,Pakistanis, be happy with our little achievements. :->
That must mean that Arab countries are at the cutting edge of economic development and competitiveness.
What a wonderful news. Nothing can come out better than this because many of these companies are small and nascent and has all the chances to expand them in regional countries.
The other noticeable thing is that these companies are from diversified sector that is from food to IT and from textile to education.
E2E are just a bunch of thieves. I ordered something and they not only didnt deliver the consignment but have lost its contents and now blame me for booking the consignment on a holiday. These companies are just like Ponzi Schemes.
now that's a good news for both India and Pakistan,indeed India can relax now since Pakistan pleated and flown away to middle east
"Arabia500 is a project by AllWorld Network which aims to bring together the fast-growing companies of the world based on their yearly growth, number of employees and revenue generation"
may i know which world is that..???
Great! Keep it up!