Abdallah Abu Sheikh

Abdallah Abu Sheikh (Arabic: عبدالله ابو الشيخ) is a UAE based Jordanian businessman and founder of Astra Tech.[1][2][3][4]

Abdallah Abu Sheikh
NationalityJordanian
OccupationBusinessman
Known forAstra Tech, BOTIM, Barq EV and Rizek

Early life and education

Abu Sheikh was born in Jordan and spent his early years in England and China.[5][6][7] He attended boarding school at King's Academy and pursued his higher education in Canada, earning a bachelor's degree in commerce from Saint Mary's University and a bachelor's degree in Accounting and Finance from Dalhousie University.[8][9][10] Abu Sheikh obtained his MBA from London Business School in 2021.

Career

Abu Sheikh co-founded LUX Development Partners(LUXDP), a renewable energy development company in 2016.[11] In 2019, he co-founded Rizek, a digital marketplace provides household cleaning, maintenance and healthcare services such as COVID-19 testing and vaccinations.[12][13][14][15][16]

In 2021, Abu Sheikh founded Barq EV, an electric vehicles manufacturer.[17][18][2][19][20]

In March 2022, Abu Sheikh founded Astra Tech, a technology investment and development group.[21] During the same year in July, Abu Sheikh's Astra Tech acquired Rizek.[22] In December 2022, Astra Tech secured a $500 million investment, in a funding round led by Group 42.[23][24] In August 2022, Astra Tech acquired PayBy, a fintech company in the UAE. The company also acquired the middle eastern internet calling platform BOTIM in January 2023.[25]

Abu Sheikh was on the cover page of Entrepreneur magazine Middle East in May 2022.[1]

Personal life

Abu Sheikh resides in the UAE with his wife and son. In 2022, Abu Sheikh established the Mohammad Abu-Sheikh Scholarship Fund at his former alma mater, King's Academy, in honor of his late father, Mohammad Abu-Sheikh.[26]

Awards

  • 2022 Most Influential Arabs[27]
  • Forbes Under 30 EL Gouna[28]

References

  1. Thomas, Aby Sam (10 May 2022). "Meet Abdallah Of Arabia: Abdallah Abu-Sheikh, The Serial Entrepreneur Behind UAE-Based Barq And Rizek". Entrepreneur.
  2. "UAE's 'Barq EV' launched as first smart mobility, logistics solutions provider". Khaleej Times.
  3. "50 Most Funded Startups". Forbes.
  4. "Three New Tech Partnerships Bring ADIO's Total Support for Abu Dhabi's Fast-Growing ICT Sector to USD 235m in 2021". Al Bawaba.
  5. "Entrepreneur Middle East May 2022 | Meet Abdallah Of Arabia by Entrepreneur Middle East - Issuu". Entrepreneur.
  6. "The Mo Show - Abdallah Abu-Sheikh | The Mo Show 76 | Ad Astra, China, Innovation and Industrialism". RSS.com. Retrieved 2023-05-24.
  7. emiratestimes (2022-11-01). "Leading MENA Entrepreneur Abdallah Abu-Sheikh Seeks to Inspire Region's Youth to Aspire to Achieve". theemiratestimes.com. Retrieved 2023-05-24.
  8. Baarah, Yousef (2016-10-17). "Jordanian Entrepreneur". Venture Magazine. Retrieved 2023-06-06.
  9. Sheikh, Abdullah Abu (2018-11-20), The Need To Succeed - عبدالله أبو شيخ, retrieved 2023-06-06
  10. admin. "Abdallah Abu-Sheikh". Forbes Middle East Events. Retrieved 2023-06-06.
  11. "Students tackle tough issues head on at third annual JMP". www.kingsacademy.edu.jo. 2017-04-13. Retrieved 2023-05-24.
  12. "Forbes Middle East - English - January 2022". Forbes Middleeast.
  13. Mansoor, Zainab (14 June 2020). "Abu Dhabi marketplace RIZEK raises $3.5m in seed funding". Gulf Business.
  14. "UAE start-up Rizek raises $10m to fuel expansion". The National (Abu Dhabi). 24 May 2021.
  15. "EPISODE 84 WITH ABDALLAH ABU-SHEIKH". The Change Officer.
  16. "Abu Dhabi's Rizek is first non-healthcare app to introduce COVID-19 testing". MobiHealthNews. 2020-09-30. Retrieved 2023-05-24.
  17. Bhat, Divsha (28 March 2022). "Smart mobility company Barq EV launches in the UAE". Gulf Business.
  18. "Barq EV: Emirati company launches electric delivery vehicles designed for region". The National (Abu Dhabi). 26 March 2022.
  19. "UAE's 1st drone delivery service provider 'BARQ EV' breaks two Guinness World Records". wam. 12 January 2021.
  20. "Delivery drone network edges closer as UAE firm sets world record". The National. 4 December 2021.
  21. "UAE startup Astra Tech integrates Rizek into ultra platform for integrating business-consumer". Bizness Transform. 4 August 2022.
  22. Release, Press. "Astra Tech acquires Rizek to move closer to delivering 'ultra platform' to customers". www.zawya.com. Retrieved 2023-05-24.
  23. Sharma, Alkesh (19 December 2022). "Abu Dhabi's AI company G42 to lead Astra Tech's $500m funding round". The National.
  24. Cabral, Alvin R. (12 January 2023). "G42-backed Astra Tech acquires VoIP app Botim after $500m funding round". The National.
  25. "UAE's Astra Tech Buys Botim, Bolstering Push to Create Super App". Bloomberg.com. 12 January 2023.
  26. "News Post - King's Academy". www.kingsacademy.edu.jo. Retrieved 2023-06-06.
  27. "Arabian Business' Most Influential Arabs 2022". Arabian Business.
  28. "Under 30 Summit 2022". Forbes Middle East.
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