The United Arab Emirates has rapidly emerged as a dynamic hub for technological innovation and entrepreneurship in the Middle East. At the heart of this transformation are visionary IT founders who have established groundbreaking companies, driving the country’s digital evolution. This article highlights some of the most influential founders in the UAE’s IT sector, whose leadership and ingenuity are shaping the future of technology in the region.
Company: Danube Group
Rizwan Sajan is the founder and chairman of Danube Group, one of the largest building materials companies in the Middle East. Starting from humble beginnings, Sajan built the business into a retail and hospitality conglomerate with a presence across the region. He is recognized for his entrepreneurial spirit and dedication to innovation in the construction industry. Sajan is also known for his philanthropic activities and commitment to supporting community development.
Company: Careem
Magnus Olsson is the co-founder of Careem, the leading ride-hailing company in the Middle East, which was acquired by Uber in 2019. With a background in technology and management consulting, Olsson played a pivotal role in scaling Careem from a startup to a regional unicorn. He is passionate about using technology to solve everyday problems and empower local communities. Olsson continues to be an influential figure in the region’s tech ecosystem.
Company: Careem
Mudassir Sheikha is the co-founder and CEO of Careem, the Middle East’s first unicorn and a key player in the region’s tech revolution. Under his leadership, Careem expanded across multiple countries, offering ride-hailing, delivery, and payment services. Sheikha is known for his vision to simplify and improve lives in the region through technology. He remains a prominent advocate for entrepreneurship and innovation in the Middle East.
Company: Ekar
Paul Kenny is the CEO of Ekar, the Middle East’s first and largest car-sharing platform. With a strong background in entrepreneurship and digital business, Kenny has helped Ekar revolutionize urban mobility in the region. He previously co-founded Cobone, a successful daily deals platform, and has been instrumental in driving digital transformation in the GCC. Kenny is recognized for his leadership and impact on the region’s startup ecosystem.
Company: Souqalmal
Ambareen Musa is the founder and CEO of Souqalmal, a leading financial comparison platform in the Middle East. Musa has been a pioneer in promoting financial literacy and transparency in the region. With an extensive background in digital marketing and finance, she built Souqalmal into a trusted resource for consumers. Musa is frequently recognized for her contributions to fintech and women’s entrepreneurship in the region.
Company: Aramex
Fadi Ghandour is the founder of Aramex, a global logistics and transportation company headquartered in the Middle East. He is celebrated for transforming Aramex into the region’s first company to be listed on the NASDAQ. Ghandour is also a prominent investor and advocate for startups through his role at Wamda. His commitment to supporting entrepreneurship has made him a key figure in the Middle Eastern business landscape.
Company: Souq.com
Ronaldo Mouchawar is the co-founder and former CEO of Souq.com, the largest e-commerce platform in the Arab world, which was acquired by Amazon in 2017. Mouchawar’s leadership was instrumental in shaping the region’s online retail industry. He is known for his vision to make e-commerce accessible to millions in the Middle East. Following the acquisition, he played a major role in integrating Souq.com with Amazon’s global operations.
Company: Tabby
Hosam Arab is the co-founder and CEO of Tabby, a leading buy-now-pay-later fintech company in the Middle East. Previously, he co-founded Namshi, a successful online fashion retailer, which was later acquired by Emaar Malls. Arab has been at the forefront of digital payments innovation in the region. He is recognized for his entrepreneurial acumen and contributions to the region’s e-commerce and fintech sectors.
Company: Noon
Faraz Khalid is the CEO of Noon, a prominent e-commerce platform in the Middle East. With a background in engineering and business, Khalid previously co-founded Namshi, a leading online fashion retailer. At Noon, he has focused on expanding digital retail and enhancing customer experiences across the region. Khalid is known for his leadership in scaling digital businesses and driving innovation in the MENA e-commerce space.
Company: Mumzworld
Mona Ataya is the founder and CEO of Mumzworld, the leading online retailer for mother, baby, and child products in the Middle East. She is a passionate advocate for women’s entrepreneurship and family-focused innovation. Under her leadership, Mumzworld has transformed the parenting e-commerce landscape in the region. Ataya is widely recognized for her business achievements and commitment to empowering women in business.
The achievements of these leading IT founders underscore the UAE’s position as a center for digital excellence and forward-thinking enterprise. Their pioneering efforts not only contribute to the nation’s economic growth but also inspire a new generation of tech entrepreneurs. As the UAE continues to invest in technology and innovation, these founders remain at the forefront, setting new benchmarks for success in the ever-evolving IT landscape.
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