Winners of Gulf Capital SME Awards 2019 Announced

Winners of Gulf Capital SME Awards 2019 Announced
September 26, 2019

Dubai, United Arab Emirates : Gulf Capital has unveiled the winners of the 8th Gulf Capital SME Awards 2019 at a gala dinner hosted at The Ritz-Carlton, DIFC. 17 SMEs across the technology, F&B and healthcare sectors were recognised for implementing innovative techniques and strategies that lead to business growth and rapid expansion.

The UAE continues to be the preferred location for SMEs to flourish as the number of new companies entering the market has increased by 30% in the last decade, according to a recent report by Diligencia, Gulf Capital and MEED. The number of new companies in the technology sector has increased dramatically over the last five years from 11% of new SMEs in the UAE during 2015 to 47% during 2018,* testament to the commitment local organisations have to be at the forefront of innovation.

The healthcare industry has also grown consistently over the last 10 years with a significant peak in 2018. Many of these new SMEs are recognizing the strength of the UAE's pharmaceutical and biotechnology sector, especially in Abu Dhabi and Dubai.

This year, the awards, which recognise new and existing SME businesses, received a record number of 300 applications from companies and entrepreneurs across 17 categories.

Commenting on the accolades, Dr. Karim El Solh, CEO of Gulf Capital said, "SMEs are the driving force of the UAE's economy, as they constitute over 90% of all the organisations in the country. We are pleased to recognise and celebrate the achievements of the SMEs that continue to fuel the growth of the UAE economy and are displaying world-class capabilities by being champions of growth and innovation. Gulf Capital is proud to be sponsoring this SME Award programme and to be celebrating and backing these promising SMEs."

"Entrepreneurs and small companies are the drivers of the future success of this region," says MEED editorial director Richard Thompson. "SMEs account for over 90 per cent of the companies in the market and their energy, creativity and risk taking not only will drive growth and create wealth, but it also will be a source of innovations to tackle climate change, services that create healthier and happier societies, and careers that develop knowledge and skills. Through these awards, MEED is supporting SMEs in the UAE by celebrating their finest achievements. And even if they have not won an award on the night, every company participating in the Gulf Capital SME Awards 2019 is a winner and should be applauded for the contribution it is making to the future of this region."

The complete list of winners include:

Gulf Capital Business of the Year - Electric Way

Electric Way is one of the fastest growing distributors of the electrical items in Dubai, providing energy solutions to leading companies in the UAE and GCC.

Business Innovation of the Year - Accumed

Accumed is the first, and largest, company in the Middle East to provide comprehensive end-to-end revenue cycle management solutions to the healthcare sector.

B2B Small Business of the Year - Parisima Talent

Parisima is a strategic talent advisory and delivery business enabling clients to improve their performance through better talent acquisition.

B2C Small Business of the Year - The Camel Soap Factory

The Camel Soap Factory produces sustainable and environmentally sensitive natural skincare products using locally sourced camel milk.

Business Leader of the Year - Kain Clark-Darby, Managing Director of Parisima Talent

Parisima is a strategic talent advisory and delivery business enabling clients to improve their performance through better talent acquisition.

CSR Programme of the Year - Blissart

Blissart enables the community by providing artists, buyers and art enthusiasts with a platform that challenges the traditional art market.

Customer Focus of the Year - Leelas Lunches

Leela's lunches is in the business of shaping the palates of the future generation, towards real and whole foods.

Digital Business of the Year - TechKnowledge

TechKnowledge is the leading specialised electronic information solutions provider in the Middle East.

Disruption of the Year - FEDS - Drone-powered Solutions

FEDS are the industry leaders in Unmanned Aerial Systems (UAS) commonly referred to as 'Drones'.

Emirati Business of the Year - ixtel technologies

ixtel is a leading digital services company, providing a broad range of services and solutions in strategy, consulting, digital, technology and operations.

Entrepreneur of the Year - Sky Kurtz, Co-founder & CEO of Pure Harvest Smart Farms

Pure Harvest invests in world-leading controlled-environment agriculture technologies to deliver their customers with the best quality produce.

MEED Editors Award for Inclusivity - Direct Access

Direct Access are experts in access for people of determination.

Micro Business of the Year - rightdoors.com

Right Doors connects the dots and matches the right buyers or sellers with the right property.

New Entrepreneur of the Year - Adel Abu-Aysha, Founder & CEO of bubble-bro

bubble-bro is the UAE's only Soda Maker supplier with an in-house cylinder exchange facility and program.

People and Culture of the Year - Ecocoast

Ecocoast exists to develop pioneering solutions for sustainable coastal and marine developments.

Start-up Business of the Year - Pure Harvest Smart Farms

Pure Harvest invests in world-leading controlled-environment agriculture technologies to deliver their customers with the best quality produce.

Sustainable Business of the Year - Phanes Group

Phanes Group is an international solar energy developer, investment manager and asset manager.

*Source: SMEs in the UAE - Research Report by Diligencia in partnership with Gulf Capital and MEED.

Download press release in Arabic


Fraud Alert

Fraud Alert - Important alert to Gulf Capital Investors,Shareholders, the Financial Services Community and the Public

Fraudsters are engaging in a fraudulent email and website scams whereby websites and communications are targeting members of the public and potential investors (victims) by fraudulently using the identity of legitimate members of Gulf Capital's Executive team or Gulf Capital's Board of Directors to solicit investments, fake job offers and other dealings, without authority, and for a malicious purpose. Neither Gulf Capital's Chief Executive Officer nor any members of its Board of Directors or other members of its Executive team have made any offers for investment partnership, offers of employment or other dealings through these channels and the names, and identities of such individuals are being used illegally and without their consent.

Gulf Capital and its management have taken and will continue to take legal action against anyone found misusing Gulf Capital's name or the names or identities of any members of the Board of Directors of Gulf Capital or Gulf Capital's Executive team illegally or without consent for whatever reason.

Report Scams

We invite you to immediately contact fraud-detection@gulfcapital.com* if any of the following occur:

  1. You have received any unsolicited correspondence or investment advice or you think you have been contacted in relation to a possible scam (whether by telephone, email or courier) by sources fraudulently impersonating Gulf Capital's Board of Directors or any members of Gulf Capital's Executive team.
  2. You have received notice from anyone outside of Gulf Capital informing you or raising concern regarding the fact that they may have been contacted by any sources fraudulently impersonating Gulf Capital's Board of Directors or any members of Gulf Capital's Executive team.
  3. You have received any communications referencing any of Gulf Capital's Board of Directors that you consider are suspicious or which you are not sure how to respond to.
  4. You have any concerns about the authenticity of any website passing itself off as a website operated by Gulf Capital or referencing the names and identities of the Board of Directors of Gulf Capital or any of its Executive team without authority.
*Note: When forwarding suspicious e-mails to fraud-detection@gulfcapital.com:
  1. Do not modify the original subject line or contents enclosed, and do not include any personal or confidential information.
  2. Forward the full internet headers of any suspicious emails to fraud-detection@gulfcapital.com before deleting as this information willhelp Gulf Capital to track the true origin of the correspondence. The internet headers can be found through your e-mail system from within the e-mail. For example, in Microsoft Outlook, you can find the internet headers by opening the e-mail, then choosing "View" and "Options". Depending on the e-mail system that you use, the process for locating the internet headers will vary. We recommend you either copy and paste the internet header and message into a new e-mail or scan the e-mail and full headers and send as a PDF attachment to ensure it is received by fraud-detection@gulfcapital.com.

Protect Yourself

  1. We recommend that you avoid getting into a conversation with any fraudsters or revealingany personal or identifying information, but you should endeavor to record thepurported name of the person and organisation along with any other information they give you (e.g., telephone number, address etc.) and then forward all such information to fraud-detection@gulfcapital.com.
  2. You should obtain independent legal and financial and professional advice before handing over any funds or entering into any agreements in relation to such solicitations.
  3. We recommend that you not respond or open any attachments or links associated with any suspicious e-mails.
Copyright آ© 2017 Gulf Capital Pvt. JSC. All rights reserved.

Illegal Use of Gulf Capital's Name

Phishing Email Alert

Gulf Capital Pvt. JSC has recently become aware of a spate of fraudulent emails purporting to offer financing from, and employment at, Gulf Capital and Gulf Capital Limited (DIFC). and misusing the official Gulf Capital logo and trade name. These emails do not originate from Gulf Capital or any of our affiliates. If you have received any such email, do not click any links in the email or provide any personal information (e.g. your bank details or copies of identity documents).

There are a number of illegal advance fee scams in operation where our name and those of our Board of Directors and Senior Management are being impersonated and abused.

The Gulf Capital name, and sometimes the names of individual employees within our firm, have been used in various fraudulent scam emails, letters and phone calls. These communications typically seek to attract a victim by suggesting that project funding or a job can be obtained by paying an upfront fee. Sometimes fake documents are sent to the victim and websites mimicking the Gulf Capital name and brand are used.

Common themes include:

  • the use of similar domain names designed to appear legitimate; examples include using phishing email accounts from domains such as: @gulfcap-es.com, @gulfcp.com, @gullfinvest.com, @eaglesquare-ae.com, @gulfcainvest.com, board members name@outlook.com, @gulfunioninvestment.com, name@gullfcapital.com
  • offers of work/visa services related to employment in the Middle East upon payment of administrative, medical and other fees;
  • offers of project financing upon payment of a fake surety bond and due diligence fees;
  • forged Board of Directors resolutions approving loans, MOUs, loan agreements claiming "100% refundable" professional service fees;
  • bogus look-alike websites;
  • fake profiles on LinkedIn and My Opportunity purporting be Directors or Management of Gulf Capital;
  • "signed" and stamped contracts purporting to be provided by us regarding project financing; and
  • use of our UAE telephone numbers by criminal impersonators.

This is not an exhaustive list of scams. New schemes designed to steal the business public's money or personal data are being invented all the time or for use in other illegal activities. Please act prudently and sensibly for your own protection and take note of our Fraud Alert on our website. The perpetrators may not always request money or personal details on initial contact, but often wait until the victim has responded.

Please note that Gulf Capital and its Management and Directors have no involvement in these or any other scams, and will vigorously prosecute any violators in tandem with the concerned authorities. Our name is being used in an unauthorized and illegal way. Note that we do not use Gmail, Hotmail, Outlook or Yahoo addresses.

We recommend you delete scam emails and do not reply to scam letters, emails, calls or faxes, and do not send money to strangers. If you need to confirm with us whether a communication is genuine, please contact us at fraud-detection@gulfcapital.com.

I have read and understood the Fraud Alert, Terms & Conditions of Use and Privacy Policy. I accept the terms and condition therein and wish to proceed to the Gulf Capital website.

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وتود شركة جلف كابيتال أن تحذر عامة الجمهور من هذه الأنشطة الاحتيالية التي يزعم الاضطلاع بها باسم الشركة و/أو باسم موظفيها؛ وستقدر لفت انتباهها إلى أي مراسلات مشبوهة.

يرجى الانتباه إلى ما يلي:

  • · لا تمنح شركة جلف كابيتال أي قروض شخصية أو تمويل شخصي.
  • لا تمارس شركة جلف كابيتال أي أعمال مع اسواق العملات العالمية و السلع و المعادن