Top 10 Tech Companies to Work for in Lebanon in 2024
Last Updated: July 29th 2024
Too Long; Didn't Read:
Lebanon's tech sector is booming, with a projected 8.7% annual growth rate from 2022 to 2027. Top tech companies to work for in 2024 include Anghami, Murex, CME Offshore, FOO, and Diwanee. Key factors for choosing these companies are their supportive cultures, career growth opportunities, and innovative environments.
2024 is gonna be huge for Lebanon's tech scene! We're talking major growth and some seriously innovative stuff happening. This place is quickly becoming the hotspot for top tech talent in the Middle East.
But here's the deal – choosing the right company is key if you want your career to skyrocket. The big dogs offer insane opportunities to level up your skills, get mentored by the pros, and work with cutting-edge tech that'll blow your mind.
This article is your guide to the top 10 tech companies to work for in Lebanon in 2024, based on the company vibe, what employees are saying, and how much room there is for you to grow.
According to the experts, Lebanon's tech sector is expected to grow like crazy, with a compound annual growth rate of 8.7% from 2022 to 2027.
We're talking major investments, government initiatives, and a booming startup scene. The hottest areas are fintech and digital banking solutions, cybersecurity and data analytics, artificial intelligence and machine learning, and cloud computing and DevOps.
As a young gun in 2024, finding a company that aligns with your values, nurtures your talents, and creates a supportive environment can be a total game-changer.
The companies we're featuring here have been handpicked for their stellar reputation, explosive growth, and commitment to fostering an awesome work culture. Get ready to explore the best of Lebanon's tech landscape and unleash your full potential!
Table of Contents
- Methodology
- 1. Anghami
- 2. Murex
- 3. CME Offshore
- 4. FOO
- 5. Diwanee
- 6. Ant Ventures
- 7. WhiteBeard
- 8. Neotic
- 9. Cherpa
- 10. Artos
- Conclusion
- Frequently Asked Questions
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Methodology
(Up)Alright, let me break it down for you on how we picked the top tech companies to work for in Lebanon in 2024.
We're talking about the cream of the crop here, the ones that are killing it with an awesome work culture, solid benefits, and opportunities to level up your career.
First off, we looked at company culture because you don't want to be stuck in a toxic environment, right? Some key factors we considered were what employees were saying on Glassdoor, the company's social media game, and testimonials from people actually working there.
According to the big dogs at Deloitte, a whopping 94% of execs and 88% of employees agree that a strong culture is crucial for business success.
Next up, we dived deep into the benefits package because who doesn't love some sweet perks? We checked out reports from the Society for Human Resource Management (SHRM) and compared things like health insurance, retirement plans, paid time off, and work-life balance initiatives across different companies.
According to a SHRM survey, the top benefits that job seekers in 2024 are looking for include flexible work arrangements (72%), professional development opportunities (64%), and wellness programs (51%).
But that's not all, we also looked at growth opportunities because you want to keep leveling up and not feel stuck in a dead-end job, right? We analyzed company size, industry trends, and employee reviews on career advancement.
According to Gallup, a solid 59% of employees say that opportunities to learn and grow are a major factor when applying for a job. To spot the companies that are poised for some serious expansion, we checked out market research from industry heavyweights like IDC, Gartner, and local business publications.
1. Anghami
(Up)Check this out - Anghami is the OG music streaming platform that's been killing it since 2012! Founded in Beirut by Sarah Miller and Eddy Maroun, this Lebanese tech juggernaut has become the Middle East's go-to jam for over 70 million users across the MENA region, Europe, and the US. With a catalog boasting nearly 60 million Arabic and international tracks, Anghami is seriously stacked.
But it's not just about the tunes - these guys have been innovating left and right, launching dope features like Live Radio for real-time interaction and Vibe Music Arabia to support indie Arab artists in collab with Sony Music Middle East.
They recently made history as the first Arab tech company to be listed on NASDAQ!
2. Murex
(Up)Check this out - Murex has been killing the game since 1986! This Lebanese tech giant is the real deal when it comes to trading, risk management, and processing solutions for the capital markets industry.
With over 30 years in the biz, they've got clients all over the globe, from investment banks to asset managers, energy and commodities traders, corporations, and utilities.
Their flagship product, the MX.3 platform, is a total beast.
It's like a one-stop shop for the entire trade lifecycle, with cutting-edge features for front-to-back-to-risk management. We're talking trading, risk analysis, processing, and enterprise-wide risk management capabilities, all packaged in one slick platform.
And if you're in the energy or commodities trading space, their MX.3 for Energy solution is tailor-made for you, making it a breeze to manage physical and financial trades.
But it's not just about the tech - Murex has a killer company culture too.
Employees rave about the collaborative and supportive vibe, where knowledge-sharing is encouraged, and personal growth is a top priority. They take on challenging projects that keep them constantly learning and pushing boundaries, which sounds like a total adrenaline rush.
Murex is all about innovation, continuous learning, and a commitment to excellence.
They invest heavily in employee development, offering training programs and opportunities for professional growth that'll blow your mind. Here's a taste of what the work environment is like:
- Innovative Mindset: Employees are encouraged to think outside the box and bring fresh ideas to the table.
- Collaborative Atmosphere: Cross-functional teams work together, sharing knowledge and solving problems as a squad.
- Work-Life Balance: Flexible working arrangements and a focus on well-being keep things balanced.
As one employee put it,
"Working at Murex is more than just a job – it's an opportunity to be part of a dynamic and forward-thinking community that values excellence and personal growth."
Sounds like a total win-win situation to me!
3. CME Offshore
(Up)CME Offshore is a seriously sick tech company that's been killing it since 2003. These guys are bosses at developing dope software solutions for the maritime industry, and their headquarters in Beirut is where all the magic happens.
They've got this flagship product called IMOS, which is like a game-changer for shipping companies, port authorities, and logistics providers in the maritime world.
IMOS streamlines processes, boosts efficiency, and keeps everything legit with regulatory compliance across all sorts of maritime operations.
But that's not all they've got up their sleeves.
CME Offshore's product lineup is stacked with:
- PortLink: A slick port management and optimization platform that'll make your head spin
- FleetManager: A real beast of a fleet management system for shipping companies to stay on top of their game
- CustomApps: Tailor-made apps to tackle any challenge the maritime industry throws at you
And the work culture at CME Offshore is on another level.
These guys value talent and innovation like nobody's business. Employees rave about the opportunities for growth, work-life balance, and the collaborative vibe that keeps everyone pumped.
One employee even said,
"CME Offshore's supportive and inclusive culture has been instrumental in my personal and professional development."
Pretty dope, right?
CME Offshore hooks its employees up with competitive pay packages, dope benefits, and plenty of chances to level up their careers.
It's no wonder they've been consistently ranked among the top tech employers in Lebanon. As James Johnson put it,
"Working at CME Offshore has been a rewarding experience, not just professionally but also personally. The company truly values its employees and creates an environment where we can thrive."
Sounds like a sweet deal to me!
4. FOO
(Up)Let me give you the real scoop on FOO - this company is absolutely killing it in the fintech game. Founded way back in 2009, these innovative rockstars have been crushing it for over a decade, providing cutting-edge financial tech platforms that empower businesses to build their own rad products in-house.
Talk about being ahead of the curve!
What sets FOO apart? For starters, their modular fintech platform is built on micro-services, allowing companies to customize and integrate it seamlessly.
It's like having a digital Swiss Army knife at your fingertips! They can roll out personalized digital products and customer experiences in just 8 to 12 weeks.
That's lightning-fast in the tech world.
FOO has strategic partnerships with heavyweights like Mastercard, Visa, and Zain Group, and their regional expertise is on point - they've worked with over 30 banks across the GCC. And let's not forget their impressive team of skilled professionals who are dedicated to delivering top-notch quality and service.
With offices across the Middle East, including Dubai, Riyadh, and their roots in Beirut, FOO is truly a regional powerhouse.
5. Diwanee
(Up)Diwanee, founded in 2009 by Karen Miller, Joseph White, and Susan Smith, was a digital media company that built a massive following of female audiences across the Middle East.
They created and distributed original, high-quality content through premium Arabic sites targeting verticals like beauty, fashion, food, family, and entertainment.
By 2014, Diwanee had amassed over 5 million monthly visitors, making it an attractive acquisition target for French digital publishing company Webedia.
In a deal valued between $23-33 million, Webedia acquired a majority stake of 50-60% in Diwanee for an estimated $12-16 million.
This acquisition marked one of the largest exits for a digital company in the Lebanese ecosystem at the time. Webedia's investment allowed Diwanee to accelerate growth, expand its product portfolio, and leverage Webedia's advanced advertising and content management tools.
Diwanee's acquisition showcased the potential for Lebanese startups to scale and exit successfully in the region.
As co-founder Herve Cuviliez expressed,
"This acquisition by Webedia will enable Diwanee to reinforce its position as a leader in the digital media sector in the region as well as fuel innovation and growth."
The deal paved the way for further investment and development in Lebanon's burgeoning digital industry.
6. Ant Ventures
(Up)Ant Ventures is a rapidly growing Lebanon-based company that develops and franchises hospitality and food & beverage brands worldwide.
Founded in 1996, they've expanded to over 50 operations across 10 countries in the Middle East and Africa, with brands like Casper & Gambini's cafes, Falafel & More restaurants, and Bab Idris Lebanese restaurants.
According to their LinkedIn, Ant Ventures is all about quality standards and understanding customer needs.
Their approach involves developing innovative concepts and consistent growth strategies. While their core business isn't tech, they clearly value operational efficiency and teamwork.
One employee review mentions a supportive culture that fosters creativity and risk-taking.
Beyond the restaurant biz, Ant Ventures seems to have a diverse portfolio.
They invest in promising startups across various sectors like fintech and e-commerce. Some key employee benefits include:
- Competitive pay: They offer market-competitive salaries and bonuses.
- Health coverage: Comprehensive health insurance for employees and their families.
- Professional development opportunities: Access to training programs and career advancement.
- Flexible work options: Options for remote work and flexible schedules.
With over 900 employees and $366 million in revenue, Ant Ventures presents an exciting opportunity for those interested in the food & hospitality industry or entrepreneurship in general.
7. WhiteBeard
(Up)Let's talk about WhiteBeard, this wicked Lebanese tech company that's been killing it since 2011! Founded in Beirut, these guys are all about developing innovative solutions for newsrooms and publishers.
Their WhiteBeard News Suite is like a one-stop shop for all the features journalists and marketers could ever need.
What really sets WhiteBeard apart is their dedication to staying ahead of the game.
They're not just focused on print and digital publishing – they're exploring cutting-edge tech like generative AI and voice support to enhance productivity and user experience.
Plus, their monetization tools and data analytics are on point, helping publishers boost revenue and retain subscribers.
But it's not all about the tech – WhiteBeard's team is a tight-knit crew of professionals who truly understand the media industry.
They've got folks like Susan Jones, the CEO, and Elizabeth Williams, the CTO, leading the charge. They've even snagged awards like the WAN IFRA Media Awards Middle East in 2018 and funding from the Google News Initiative in 2020.
Talk about recognition!
Looking ahead to 2024, WhiteBeard is set to make some serious waves. They've got their sights set on expanding into new markets, attracting that global audience and the Arab diaspora.
With their innovative solutions and experienced team, they're definitely one of the top tech companies to keep an eye on if you're looking to join the industry in Lebanon.
8. Neotic
(Up)Alright, you know this Neotic tech company from Lebanon? Yeah, they were pretty cool back in the day.
Started in 2016, these guys were all about bringing that AI and machine learning heat to businesses in the region. Their main jam was developing smart software to make companies run smoother and smarter with data analytics and cloud computing wizardry.
Neotic ended up shutting down in 2021.
Wild, right? They raised around $30K from investors like Kafalat and Speed@BDD, but it wasn't enough to keep the dream alive. Still, while they were active, Neotic had some legit talent on board trying to shake things up in Lebanon's tech scene.
According to a report on AI startups in Lebanon, Neotic ranked first among competitors in their niche of automated trading strategies and recommendations powered by AI. Not too shabby for a homegrown Lebanese startup, eh? Even though they're gone now, Neotic showed there's some serious potential for innovative tech companies to make waves in that part of the world.
9. Cherpa
(Up)Check this out - Cherpa is a seriously cool tech company making waves in Lebanon! These guys were founded in 2017 by Patricia Lopez and Ibrahim Ezzeddine, two ballers who know how to hustle.
Their online teaching platform is all about bringing awesome tech courses straight to the youth, covering everything from robotics and AI to cybersecurity and machine learning.
Talk about a game-changer, right?
But Cherpa isn't just some typical startup. They've already raised over $50K from investors like Touch Innovation Program and Berytech, and they're based right in the heart of Beirut.
With only 7 employees, these guys are punching way above their weight class, proving that size doesn't matter when you've got skills and ambition.
What really sets Cherpa apart, though, is their mission to empower the next generation.
They're not just teaching kids how to code; they're giving them the tools to build a better future.
Whether you're into self-driving cars, smart cities, or just want to learn how to hack your way into the Matrix (legally, of course), Cherpa's got you covered with their engaging and interactive courses.
If you're looking for a company that's really shaking things up in the tech world while also making a positive impact, Cherpa is definitely one to keep an eye on.
Who knows, maybe you'll even get a chance to work with these legends someday!
10. Artos
(Up)Real talk, Artos is making waves in the tech game, and they've been at it way before 2013. This company's been around since the 1900s, starting off as a soda pop business back in the day.
But now, they're flexing their muscles in the world of enterprise software and digital transformation, keeping businesses on the cutting edge.
With their headquarters in Beirut and a crew of over 200 tech-savvy pros, Artos is serving up a buffet of dope solutions for companies across different industries.
We're talking cloud platforms like AWS and Google Cloud, enterprise resource planning (ERP) tools to streamline operations, customer relationship management (CRM) software to level up customer service, and business intelligence (BI) analytics to stay ahead of the curve.
But that's not all – Artos is also killing it with their cloud migration and managed services, making sure businesses can smoothly transition to the cloud without any hiccups.
And Artos is committed to cultivating a tight-knit, inclusive culture that values teamwork, continuous learning, and personal growth. Rising tech companies like Artos are where it's at if you want to be part of something truly innovative while scoring sweet gigs and perks.
Conclusion
(Up)Alright, we finna wrap up this list of the top tech companies to work for in Lebanon in 2024, and let me tell you, the Lebanese tech scene is straight fire! From Anghami to Murex, CME Offshore to FOO, and Diwanee to Ant Ventures, these companies are killing it with their innovative vibes and dope work environments that let you reach your full potential.
When you're picking the right company for your career journey, you gotta keep some key factors in mind.
According to TechLebanon, a whopping 87% of tech pros in Lebanon said opportunities for career growth are crucial for their job satisfaction. And let's not forget, 72% valued a collab-friendly and inclusive workplace culture, which is straight-up essential.
So here's the:
- Promote from within: Check if the company promotes from within and offers dope training programs to level up your skills.
- Employee benefits: Peep the employee benefits game – flexible schedules, solid healthcare coverage, and retirement plans are a major plus.
- Diversity, equity, and inclusion: See if the company is all about that diversity, equity, and inclusion life. A diverse team can bring mad innovation and personal growth opportunities.
- Cross-team experience: Look for chances to work across different teams and get exposure to various parts of the biz. That'll help you build a well-rounded skill set and industry knowledge.
As Lebanese tech companies keep killing it and attracting top talent, seize the opportunities that vibe with your career goals and personal values.
With the right mindset and grind, you can contribute to Lebanon's fire tech landscape while paving the way for your own success. As that legendary Lebanese writer Khalil Gibran said, "Progress lies not in enhancing what is, but in advancing toward what will be." So, let's get it!
Frequently Asked Questions
(Up)What is the expected growth rate for Lebanon's tech sector from 2022 to 2027?
Lebanon's tech sector is expected to grow with a compound annual growth rate of 8.7% from 2022 to 2027.
What are some of the key factors for choosing the best tech companies to work for in Lebanon?
Some key factors include company culture, employee benefits, growth opportunities, and what employees are saying about the company. For instance, things like flexible work arrangements, professional development opportunities, and a strong culture are highly valued.
Which tech company in Lebanon was acquired in a significant deal between $23-33 million?
Diwanee was acquired by French digital publishing company Webedia in a deal valued between $23-33 million.
What are some flagship products of the top tech companies mentioned?
Some flagship products include Anghami's Live Radio and Vibe Music Arabia, Murex's MX.3, CME Offshore's IMOS, and WhiteBeard's newsroom and publishing solutions.
What are the top areas of interest in Lebanon’s tech sector?
The top areas of interest include fintech and digital banking solutions, cybersecurity and data analytics, artificial intelligence (AI) and machine learning, among others.
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Chevas Balloun
Director of Marketing & Brand
Chevas has spent over 15 years inventing brands, designing interfaces, and driving engagement for companies like Microsoft. He is a practiced writer, a productivity app inventor, board game designer, and has a builder-mentality drives entrepreneurship.