“Lumofy” a leading provider of AI-driven talent management platform, has been awarded both the Rising Star and Kiyadat Award in the 4th edition of the Deloitte Technology Fast 50 program for the Middle East and Cyprus.
The company earned these distinguished accolades in recognition of its exceptional growth trajectory, advanced technological innovation in talent management solutions, demonstrable impact on enhancing labour market efficiency, and a forward- looking, innovation-driven operational model.
Through this annual programme, Deloitte seeks to identify and honour the fastest-growing technology companies in both the public and private sectors, based on their revenue growth over recent years across various technology domains. The Technolog Fast 50 initiative also aims to empower recognised winners by enhancing their market visibility, elevating their brand value, expanding their network of potential clients, and unlocking further opportunities for sustainable growth.
The Kiyadat Award honours companies that qualify for either the Technology Fast 50 or Rising Star categories and are led by a CEO who is a GCC national, or whose founding team comprises at least 50% GCC nationals. The Rising Star category, in turn, is dedicated to emerging companies that, while still in the early stages of establishment, demonstrate outstanding growth potential and are on a trajectory to meet the rigorous standards of the Technology Fast 50 in the near future.
Mr. Ahmed Faraj, Founder & CEO of Lumofy, said: “We are proud of this significant milestone, which reflects years of continuous effort in developing advanced technological solutions that enhance the talent management and training landscape. These awards serve not only as a recognition of our accomplishments, but also as a driving force for ongoing innovation and growth. Our focus remains on expanding our presence in regional and global markets while contributing meaningfully to the development of a knowledge-based economy in the Kingdom of Bahrain and across the region.”
Mr. Mahmood Malik, Co-Founder and COO, said: “At Lumofy, we’re building an AI-powered talent management platform that helps organizations make better decisions and achieve impactful growth.
Winning both the Rising Star and Kiyadat awards is a strong validation of our direction and the scalability of what we’re building.”
