Now Report Published by AllWorld Network

ISTANBUL, Dec. 2, 2011 /PRNewswire/ --  AllWorld Network released Now (www.allworldlive.com) a strategy for immediate action to unleash growth, creativity and jobs in the Middle East and North Africa Region (MENA), and beyond on the eve of the 2nd Global Summit on Entrepreneurship taking place in Istanbul, Turkey (December 3-6).

Now focuses on the AllWorld Arabia Fast Growth 500, a group of 500 innovative private companies that will be announced tomorrow during the Global Summit on Entrepreneurship in Istanbul, Turkey. The Arabia500 are succeeding against the odds of a global recession, growing an average of 40 percent yearly. They invest in education and training, are fiscally sound, well-managed and in tune with the global environment.  By contrast, Now exposes the forces of inefficient governments and privileged incumbents stifling progress – forces that gave rise to the Arab Spring. 

From the Arab Street to Wall Street, the demand is for jobs and bold economic action "The bottom line is that economic strategies have failed and there is a worldwide jobs emergency.  We need a bold agenda with proven growth entrepreneurs leading the way," says economist Anne Habiby, co-founder of AllWorld Network.  "The Arabia500 are a new force that collectively can challenge governments to move countries forward," Habiby asserts.

The Arabia500 spans 15 countries in MENA, as well as Turkey and Pakistan. Any private company was invited to compete for a spot on the inaugural Arabia500 by having rapid sales growth and demonstrating results with audited financial statements.  At a time when many companies are imploding, the Arabia500 are growing led by very experienced, tech-savvy and transparent entrepreneurs. Each company employs and average of 200 people in industries from mobile technology to construction engineering.   As a group, the Arabia500 represent 100,000 staff, two times the size of Apple Inc, the largest technology company in the world. 

"Many assumed the region only had small and unsophisticated entrepreneurs.  The Arabia500 crushes that assumption.  AllWorld went out, country by country from Morocco to Pakistan, and found the Arabia500 companies.  The Arabia 500 is not just a ranking, it is becoming the largest entrepreneurship collaboration to champion reform and progress," said Deirdre Coyle, also co-founder of AllWorld Network.

AllWorld is all about action and the Now report is all about finding solutions. The publication of Now and the Arabia500 list puts credentialed up-and-coming companies on the global map so that investors, customers, media, and talent can find them.  By making these companies visible, AllWorld is supporting the future growth of the Arabia500 and a wave of job creation – this is what AllWorld calls Visibility Economics™.  If the Arabia500 can achieve market visibility to continue their growth, they could create 50,000 jobs in the next two years.

Over 400 of the winners will be attending the Global Summit on Entrepreneurship. At the Summit, AllWorld will release cutting edge research on Arabia 500, analyzing their success formula and identifying new channels of growth the region.  AllWorld has assembled the largest data set of real time operating and financial information on private growth companies of the MENA, Turkey and Pakistan region.  Information on hundreds of AllWorld companies is available at www.allworldlive.com.

About AllWorld Network (www.AllWorldLive.com)

AllWorld was co-founded by Deirdre Coyle, Anne Habiby and Porter.  Professor Porter was described by the Times of London as the world's "most influential management guru" and is widely regarded at the foremost authority on company and country competitiveness. AllWorld systematically identifies private growth companies and ranks the fastest growing for the Arabia 500, Africa 500, Asia 500, Eurasia 500, and Latin America 500.  Being on an AllWorld ranking puts companies on the world map, drawing the market to them - what we call Visibility Economics™.  Ranked companies "go public," attracting new investors, customers, joint venture partners and talent so they continue to grow and get to scale.

Contact: Deirdre M. Coyle, Jr
Turkish #: +90 534 072 98 31
Email: [email protected]

SOURCE AllWorld Network