News

ABANA keeps top 50 position in 2010 Saudi Fast Growth 100

1/25/2010

Riyadh, KSA – ABANA Enterprises Group Co. has once again made it onto the list of the top 100 fastest growing companies in Saudi Arabia. 

Saudi Fast Growth 100, in partnership with Saudi Arabian General Investment Authority (SAGIA), held an awards ceremony today to honor the 100 fastest growing companies in Saudi Arabia at the Global Competitive Forum at the Four Seasons Conference Center in Riyadh.

Despite the economic slowdown that hit the world last year, ABANA still managed to accomplish outstanding business growth in providing total service and technology to the banking and telecommunication sectors.  ABANA maintained its stronghold in outsourcing services and introducing innovative solutions in the Kingdom while continuously developing solutions tailored to customer requirements. 

“We are very pleased to be once again listed as one of the top fastest growing companies in Saudi Arabia.  The award simply attests to our commitment in delivering fast and reliable services and innovative solutions to our customers, and our relentless drive for continual improvement.  Our success is a result of the dedication and teamwork we have in the organization,” said Mr. Abdullah M. Jebreen, President of ABANA.

The Saudi Fast Growth 100 is a national program to promote entrepreneurship and innovation in Saudi Arabia, and ranks the fastest-growing emerging companies in the Kingdom.  The list was created by the Saudi Arabian General Investment Authority’s (SAGIA) National Competitiveness Center with joint founding partners Al-Watan newspaper and AllWorld Network.  Joining the initiative as Strategic Partners are the National Commercial Bank, Sukoon International, Siraj Capital and Phenomenal PR.

“Compiling the Saudi Fast Growth 100 list led us to several encouraging conclusions,” said His Excellency Governor Amr Al-Dabbah, SAGIA’s Governor. “The dynamism of the applicants demonstrated clearly that Saudi Arabia is creating a business climate that supports and rewards innovation and entrepreneurial initiative. This vital group of emerging growth companies provides the oxygen of the economy. The winners of the Saudi Fast Growth 100 list will be the guides to our future.  These trail-blazers will be the most potent signal that Saudi Arabia is a dynamic economy full of creativity and opportunity.