DUBAI: Business news magazine Fast Company, which launched its Middle East edition last year, has unveiled this year’s list of the region’s Most Innovative Companies.
The list recognizes 42 companies across 23 sectors, which include e-commerce, retail, consumer goods and media.
Ravi Raman, publisher of Fast Company Middle East, told Arab News: “The Most Innovative Companies list not only sends a positive signal to teams and stakeholders but also resonates globally, showcasing how companies in the Middle East are pushing the boundaries of innovation.
“I am truly impressed by the profound impact each honoree is making in their respective industries, which reaffirms our belief in the human spirit to imagine, create, and improve.”
Three companies were recognized in the media category: Al Arabiya News Channel for advancing technology in news delivery; Kapturise for being a one-stop solution for content creation; and Telfaz11 for extending creative and cultural influence beyond Saudi Arabia.
In the advertising, branding and PR category, five companies were chosen, with three of the five spots being bagged by advertising network Publicis Groupe Middle East and its agencies Leo Burnett and Saatchi & Saatchi.
The list also featured media intelligence provider Carma for delivering tailor-made content, and banking firm Mashreq for its innovative campaigns.
Advertising agency TBWA\RAAD was recognized in the workplaces category for creating shared goals through dynamic and flexible policies.
OSN was the only company to be featured in the entertainment category due to its inclusive content strategy.
Other companies in this year’s list include multinationals like L’Oreal Middle East and PepsiCo Middle East, as well as local entities like Masdar City and e&.