Ahmed Faraj
Founder and CEO of Lumofy
Lumofy, a digital training and development management platform, has been named the 'Rising Star' in the Deloitte Middle East's Fastest Growing Companies Awards, which highlight technology companies that have grown significantly in a short period of time and as an initiative to encourage innovation and entrepreneurship in the region. The win came after Lumopay achieved a selection criterion based on the rating of companies, both public and private, based on their revenue growth rate over the past four years and their performance across a wide range of sectors, including "The Deloitte Fast 50 Rising Star Award is an important turning point that motivates us to further develop and opens up new opportunities for collaborations and opportunities, and this award reflects our vision and strengthens our credibility in the market, highlighting our position as a leading and promising company in driving innovation," Faraj added. Lomofai is recognized as a rising star for its excellence and innovation in talent development technology, and the role it plays in delivering innovative technology solutions in the Middle East and Cyprus, which leverages HR capabilities as a key pillar towards growth and prosperity."
This investment will enable us to take important steps impacting the modern technology and EdTech industry. it will allow us to reinforce our growth significantly during the upcoming period to expand the business regionally and globally while ensuring sustainable growth.
Content last updated: 19 Feb, 2026