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Yahya Aqel
Rethinking healthcare business on a global scale
Yahya Aqel is a serial entrepreneur and the Co-founder and CEO of Aumet, a company that has become the largest B2B healthcare marketplace in the MENA (Middle East and North Africa) region.14 He graduated from IE University's GMBA Blended English program in 2015.1
Career and Entrepreneurship
Aqel has a strong background in medical engineering and has established four startups in the health tech sector, with two successful exits and one acquisition.3 His current venture, Aumet, was initially developed as a project during his studies at IE University.1
Aumet's Growth and Success
After graduation, Aqel moved the Aumet project forward, securing funding from 500 Global (previously 500 Startups).1 The company experienced significant growth during the COVID-19 pandemic in 2020, pivoting its products to become a major player in the healthcare industry.1 Today, Aumet serves over 10,000 pharmacies in three countries: Jordan, Egypt, and Saudi Arabia, processing more than $100 million in annual transactions.1
AI Integration and Future Vision
Aumet utilizes AI technology to forecast procurement and stock for pharmacies, revolutionizing the traditional medicine ordering system.1 Aqel is a strong advocate for embracing AI in business, believing that it can benefit humanity. He envisions Aumet expanding into Europe and the United States in the near future.1
Leadership Philosophy
As a leader, Aqel values several key traits in his business partners and team members:
- Experience in managing people
- Hunger for improvement and continuous learning
- Self-learning abilities
- People management skills
- Integrity and openness
- Hard work ethic1
Yahya Aqel's LinkedIn username is indeed yahyaaqel, as confirmed by the query.2