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Ebdaa Bank chairman among top 100 powerful Arabs

April 29, 2021

Mona Yousuf Khalil Almoayyed, Chairman of Ebdaa bank for Microfinancing – Bahrain, has maintained her advanced position among the top 100 most powerful Arabs in the field of finance and business.

This was declared in the bank's statement on the occasion of selecting Mona Almoayyed, CEO of Y K Almoayyed & Sons by Gulf Business magazine, as one of the most powerful Arab personalities for the year 2021.

She was the only Bahraini businesswoman in this list alongside three other men, Khaled Al-Rumaihi, CEO of Mumtalakat Holding Company, Adel Ali, CEO and Member of the Board of Directors of Air Arabia, and Mishaal Kanoo, Chairman the Kanoo Group.

On this occasion, CEO of Ebdaa Bank Dr Khaled Al Ghazzawi, congratulated Mona Almoayyed, and hailed her great contributions to the development of work in the institutions she manages, and her prominent role in ensuring the stability of these companies and enhancing their ability to expand and achieve commercial viability and sustainability.

“We are celebrating another appreciation for Mona Almoayyed from a specialized regional magazine, and we shouldn’t overlook that for many years she maintained her position at the top of Forbes magazine's annual list of the most powerful businessmen. This confirms her great contribution to the development of the business sector in Bahrain at the level of family and private companies,” Dr. Al Ghazzawi said.

“Everyone who works with Mona Almoayyed knows her charisma, her ability to motivate employees to be productive and dedicated to work in a healthy work environment,” Dr. Al Ghazzawi added.

'We are proud to work under the management and direction of Mona Almoayyed, and her presence at the head of the Board of Directors of Ebdaa Bank empowers us and helps to overcome many challenges. There is no doubt that the good reputation and prestigious position of H.E. Mona Almoayyed enhance the strength and presence of the bank in the Kingdom of Bahrain and helps us accumulate success year after year,” he added.