National Technology Group ranked among World Global Growth Companies

National Technology Group ranked among World Global Growth Companies
Updated 04 November 2014
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National Technology Group ranked among World Global Growth Companies

National Technology Group ranked among World Global Growth Companies

The World Economic Forum (WEF) has selected the Riyadh-based National Technology Group (NTG) to be part of this year’s World Global Growth Companies (WGGC).
The announcement was made after the WEF’s completion of a strict and comprehensive assessment on thousands of candidates according to different criteria.
The WEF is an independent international organization committed to improving the state of the world by engaging business, political, academic and other leaders of society to shape global, regional and industry agenda.
David Aikman, MD and head of the new champions, WEF, said: “When choosing entrants to our Community of Global Growth Companies, we assess companies on their business model, annual revenues and growth rates, executive leadership and market position. NTG of Saudi Arabia is a dynamic group with clear potential to shape the future in its relevant business sectors and so is a perfect fit to our GGC community.”
The NTG, one of the world’s largest and fastest growing ICT companies, was established in 1984 in Riyadh, is one of the largest and fastest growing ICT companies with over SR2 billion in revenue with 3,500 employees.
NTG is made up of more than 20 specialized ICT subsidiaries in Saudi Arabia, GCC, Egypt, Pakistan, Sri Lanka, and Turkey.
NTG received its Global Growth Companies certificate during a ceremony honoring the 28 selected new companies, which was held earlier, on the sidelines of the WEF’s special meeting on unlocking resources for regional development.
The awards ceremony was attended by over 500 delegates from global large companies as part of the WEF special meeting that was also graced by Turkish President Recep Tayyip Erdogan.
NTG Chairman Mohamed Rashid Al-Ballaa said: “This recognition came as a result of the great effort made by our team over the last 30 years and the growth achieved by NTG companies.”