Deloitte Middle East has announced the results of the 4th edition of the Deloitte Technology Fast 50 program, celebrating the fastest-growing tech companies across the Middle East and Cyprus. The program ranks companies based on their revenue growth over the past four years, showcasing exceptional innovation and entrepreneurship in the region.
This year marked a major milestone with over 200 applications, reflecting the maturing startup ecosystem in the region. Saudi Arabia led the rankings with 30% of listed companies, followed by the UAE (28%) and Cyprus (16%).
The average growth rate among Fast 50 winners reached an impressive 8,823%, with 29 companies achieving over 1,000% growth, compared to only 21 last year. The Software (31%) and FinTech (22%) sectors remained dominant.
The top-ranked company achieved a stunning growth rate of 20,164%, demonstrating exceptional scalability and regional resilience.
This edition also introduced the new Kiyadat category, which highlights the achievements of GCC nationals and their impact on the regional tech landscape. The Women in Leadership category continued to celebrate female-led tech ventures, with 18% female representation, up from 15% last year.
Mutasem Dajani, CEO of Deloitte Middle East, stated: “We are constantly inspired by the depth of innovation across this region. The Fast 50 program reflects how clear vision and strong execution can lead to exceptional results. We are proud to support these founders as they build a more resilient, connected, and sustainable economy.”
The newly added Impact category, honoring companies integrating ESG principles, was evaluated based on Impact, Excellence, and Execution by an independent jury.
Looking ahead, Deloitte will host a series of Fast 50 Connect events in May to celebrate the winners and provide platforms for networking with investors, corporates, and the broader Fast 50 network.
