Following the success of last year in Pakistan Fast Growth 100, Remington Pharmaceuticals has been named in Arabia Fast Growth 500 ranking this year. The 2012 Arabia500 are the largest collaboration of growth entrepreneurs in the world and their combined GDP is greater than that of 80 countries. They are growing at an average of 50 percent between 2009-2011, ten times faster than the region's private sector.

AllWorld Network's Arabia 500 Awards Event & Celebration was hosted as a pre-event of the Global Entrepreneurship Summit – Entrepreneurial Ventures of Arabia (GES-EVA), held under the patronage of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, UAE Vice President and Prime Minister and Ruler of Dubai, at Dubai World Trade Centre.

AllWorld co-CEOs Deirdre Coyle and Anne Habiby commented at the occasion: "The Arabia500 are some of the most sophisticated entrepreneurs, many with operations spanning more than 100 countries. They are creating thousands of new jobs each year, and with worldwide visibility, they can expand and modernize the economic base of the region."

Giving worldwide visibility to the emerging world's high growth, high potential companies, AllWorld Entrepreneurs are on track to create one million new jobs and build the largest entrepreneurship collaboration and information system by 2015. AllWorld Entrepreneurs are some of the region's fastest growing enterprises, and they are teaming up to achieve scale and push forward innovations in areas from renewal energy, to communication, to education. They are also among the most innovative employers offering valuable on-the-job training, a wide range of employee benefits and profit sharing and as a group the Arabia500 have encouraged more than 300 employees to spin-off as successful entrepreneurs.

"AllWorld has put together a marvelous global enterprise which I think is on its way to changing the world in very important ways," comments Michael Porter, Harvard Business School Professor and AllWorld Chairman.

About Remington Pharmaceuticals

Remington Pharmaceuticals is a leading specialist pharmaceutical company having state-of-the-art cGMP compliant manufacturing facilities with large capacities for manufacturing eye drops, tablets, capsules, syrups, dry suspensions, ointments, ear drops, and cephalosporins. The Company's market-reach extends to South Asia, South East Asia and Africa with further geographical expansion planned in coming months.

Remington dedicatedly works towards improving the quality of human life through innovation and hard-work to bring forth a stream of medicinal products that contribute to the betterment of the society. Remington offers a broad portfolio of medicines seeking to give maximum benefit to patients in terms of Quality, Efficacy and Economy. To find out more about the Company, please visit www.remingtonpharma.com.

About Allworld Network

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 Arabia 500, Africa 500, Asia 500, Eurasia 500, and Latin America 500. For more information, please visit www.allworldlive.com.