On the 5th of December 2011 The Lebanese Credit Insurer s.a.l. (LCI) was named to the first ever Arabia500 according to the ALLWORLD Network. LCI achieved a growth rate of 201% between 2008 and 2010.

AllWorld’s Arabia500 winners were announced during the 2nd global summit on Entrepreneurship in Istanbul, which was hosted by Prime Minister Recep Tayyip Erdogan and attended by United States Vice President Joseph Biden.

The entrepreneurs of the Arabia 500, spanning from Morocco to Pakistan are succeeding against the odds, growing at 40 percent yearly in the toughest downturn in 80 years, and two-thirds reporting stronger profitability compared to a year ago. While the companies of the Arabia500+Turkey are largely unknown, their combined GDP is greater than 80 countries. Collectively, the Arabia500+Turkey represent $15 billion in sales and 100,000 employees. Each entrepreneur on the ranking has created an average of 200 jobs, in industries from web technology to transportation, energy to education, and construction to consumer goods. At an average of only 42 years old, nearly all of them plan to found another company in the next two years.

About AllWorld Network (www.allworldlive.com)

AllWorld was co-founded by Deirdre Coyle, Anne Habiby and Harvard Business School Professor Michael Porter. AllWorld systematically identifies private growth companies and ranks the fastest growing for the Arabia500, Africa500, Asia500, Eurasia500 and Latin America500. Being on an AllWorld ranking puts companies on the world map, drawing the market to them – what we call Visibility Economics™. Ranked companies ‘go public’, attracting new investors, customers, joint venture and talent to increase their odds of success.