Picture of Hany Fam

Hany Fam

Markaaz Joins WEF Global Innovators Forum – Press Release

Markaaz, a leader in digital infrastructure, has joined the World Economic Forum’s Global Innovators Community, a select group of the world’s most promising start-ups and scale-ups at the forefront of technological and business model innovation. Markaaz will contribute to the Global Innovators Community initiatives, committed to improving the state of the world, starting with supporting SMBs with better resources and access to opportunities.

Global Innovators are selected by the Forum and must meet specific criteria. They are at the forefront of technological and business-model innovation and have the potential to make a substantial long-term positive impact on business and society, in line with the Forum’s mission.

“The World Economic Forum is happy to have markaaz join our Global Innovators Community,” says Derek O’Halloran, Head of the Future of Digital Economy and Value Creation Platform, Member of the Executive Committee, World Economic Forum. “Including new, innovative voices is essential in the work we do at the Forum. We look forward to what Markaaz’s insights and expertise will add to our projects, dialogues, and platforms.”

The World Economic Forum has created the invitation-only Global Innovators Community to ensure that the voices of leading companies have a seat at the table and bring future-focused perspectives to all aspects of the Forum work.

“By transforming spare capacity into net new equity, we are creating entirely new value chains across sectors,” said Hany Fam, CEO of Markaaz. “Being invited to join the World Economic Forum’s Global Innovators Community signifies to the markaaz family and partners our dedication to helping SMBs thrive at a global scale as well as our commitment to bringing a truly transformational platform to SMBs across the world, creating the first-ever global community. We look forward to contributing and bringing value to the Global Innovators Community. We strongly believe that bringing the first-ever platform of this kind, as well as practical solutions at scale to SMBs, will positively impact businesses, the economy, and society at large.”

Markaaz is well established, well backed, and experienced at bringing to market global infrastructure to support and fuel the global economy. It is committed to serving the community as an independent company. Markaaz builds the significant digital infrastructure that enables communities to thrive, starting with the SMB sector.

Having researched and listened to SMBs for many years, Markaaz is best placed to respond to the urgent needs that 2020 has brought with it, and the existing and recent challenges SMBs face globally. Markaaz’s infrastructure and products address long-ignored structural issues and bring new life into a sector that’s been underserved for too long. With its motto ‘built by and for SMBs,’ Markaaz can speak the same language as SMBs while building SMB-first technology and products that help them succeed and thrive.

About World Economic Forum: The World Economic Forum, committed to improving the state of the world, is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, and other leaders of society to shape global, regional, and industry agendas. (www.weforum.org).


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