Latest news with #Ebdaa
Daily Tribune
4 days ago
- Business
- Daily Tribune
Bahrain's Ebdaa links Tech to Climate goals
TDT | Manama Ebdaa Microfinance Company has been honoured with the 2025 Digital Transformation Leadership Award by the World Union of Arab Bankers for becoming the first Arab microfinance institution to connect full digitalisation with carbon emission reduction. The award underscores Bahrain-based Ebdaa's position as a regional pioneer in combining financial innovation with climate-conscious technology adoption in the microfinance sector. Prestigious Recognition Ebdaa's Chief Executive Officer Dr. Khaled Al-Ghazawi received the award during a high-level ceremony hosted by the World Union of Arab Bankers at the Phoenicia Hotel in Beirut. The event was attended by senior dignitaries including Dr. Wissam H. Fattouh, General Secretariat of the Union, along with local, Arab and international officials, and a representative of the President of Lebanon. Senior team members from Ebdaa who also attended included Mr. Yousif Qamber, Senior Supervisor of HR and Administrative Affairs, Mr. Hamzah Qtaishat, Senior Collection Officer, and Mr. Ali Issa, Senior IT Officer. Microfinance with a Mission 'This award is a testament to Ebdaa's leadership in advancing digital transformation within the microfinance sector,' said Dr. Al-Ghazawi. 'We are proud to be the first Arab microfinance institution to actively pursue carbon emission reduction through full digitalisation. This achievement reflects the strength of Bahrain's innovation ecosystem, supported by progressive regulatory frameworks, a solid ICT infrastructure, and a growing culture of digital awareness and adoption.' GCC Expansion Vision Dr. Al-Ghazawi added that the award serves as motivation for continued innovation in financial service delivery. He praised the dedication of the Ebdaa team for playing a key role in implementing top-tier digital solutions. He reaffirmed the company's commitment to staying ahead of evolving customer expectations and promoting financial inclusion through accessible and efficient services. 'At Ebdaa, we remain committed to investing in the latest technologies to deliver a seamless, future-ready banking experience that reflects our vision of contributing to economic and social development,' he said. 'These efforts form part of our broader strategic direction to expand our digital service offerings across the GCC region in the near future.'
Biz Bahrain
04-03-2025
- Business
- Biz Bahrain
Ebdaa Takes Centre Stage with Latest Microfinance Innovations at Fintech Revolution Summit
Ebdaa Microfinance participated in the 8th annual Fintech Revolution Summit 2025, held at the Bahrain Convention Centre, Crowne Plaza Hotel. Organized by TraiCon Events, the summit, themed ' Pioneering Financial Innovation: Shaping the Future of Digital Finance in the Gulf,' provided a strategic platform for Ebdaa to present its latest digital solutions and developments in microfinance. Dr. Khalid Al-Ghazzawi, CEO of Ebdaa Microfinance, emphasized the significance of the company's participation in the summit, stating, 'Our presence reflects Ebdaa's commitment to driving financial innovation and supporting digital transformation in the financial sector.' Dr. Al-Ghazzawi stressed that digital transformation is a key part of Ebdaa's vision, aiming to make financing smoother and more accessible through modern technology, and highlighted the company's efforts to develop digital financial solutions that open fair and transparent financing opportunities, particularly for micro-entrepreneurs, helping them achieve their long-term goals. Commenting on the newly digital system, which is currently undergoing internal testing, Dr. Al-Ghazzawi explained that this initiative marks a major step toward building a fully integrated digital financing model, and highlighted how the system incorporates advanced financial analysis tools to improve lending efficiency while ensuring a smooth and secure user experience. Dr. Al-Ghazzawi said, 'These innovations play a crucial role in reinforcing Bahrain's status as a regional leader in digital finance, aligning with Vision 2030 and its emphasis on innovation and digital transformation across multiple sectors. This new system will also support Ebdaa's regional expansion, further strengthening its presence in the market.' Ebdaa took part in this distinguished summit, joining an elite gathering of financial and banking sector leaders, including governors of central banks, fintech specialists, and founders of pioneering technology firms. Together, they explored the trajectory of digital finance in the Gulf region, deliberating strategies to advance its development in alignment with global digital shifts. The discussions underscored the growing demand for innovative financial solutions tailored to the ambitions of individuals and emerging enterprises. Representing Ebdaa on behalf of the CEO, CFO Mrs. Mishaal Saleh attended the summit, and introduced the company's latest innovation—a cutting-edge digital system developed in partnership with Canadian firm MFSYS. Initially launched for internal use, this system marks a significant milestone, with its customer-facing version set to undergo testing in the Central Bank of Bahrain's Sandbox environment. Engineered to provide seamless and secure financing experience, the system integrates advanced data protection technologies and sophisticated financial analysis tools. By enhancing access to funding for micro-enterprises and improving their operational efficiency, it reinforces Ebdaa's commitment to financial innovation and excellence.
Khaleej Times
14-02-2025
- Business
- Khaleej Times
Tetr College of Business launched in Dubai: Empowering global students launch 23 businesses
Dubai has emerged as a key destination for entrepreneurial education with the success of Tetr College of Business, a pioneering global business school where students learn by building businesses. In its inaugural semester, the college's Bachelor's in Management and Technology programme saw over 110 students from various countries establish 23 businesses, collectively earning $138,000 within four months. The initiative integrated hands-on business creation with academic learning, leveraging Dubai's dynamic commercial ecosystem to provide real-world exposure. Students explored diverse markets, launching dropshipping ventures across sectors such as electronics, sports, home decor, apparel, and lifestyle products, while also securing over $15,000 in external funding to expand their enterprises. Their entrepreneurial journey included high-profile engagements, such as pitching business ideas at GITEX Global 2024, where they interacted with industry leaders and received feedback on scalability and market positioning. Immersions at Emirates' Ebdaa initiative provided insights into AI-driven aviation advancements, while visits to Dubai's Gold Souk honed their negotiation skills through real-time pricing strategies. Additionally, students gained firsthand knowledge of large-scale urban development at Emaar's headquarters and explored international trade mechanisms at Jebel Ali Port, understanding the impact of supply chain innovations on global commerce. Beyond the business landscape, Dubai's cultural offerings, including Desert Safaris and Dhow Cruises, added depth to their educational experience. According to Tarun Gangwar, COO of Tetr College of Business, the blend of a thriving business environment and rich cultural heritage equips students with essential global competencies. The Class of 2028 now transitions to India for the next phase of their curriculum, focusing on direct-to-consumer (D2C) businesses in emerging markets. Designed to span seven countries, Tetr's program aims to provide students with a unique global perspective by enabling them to establish multiple ventures across different economic landscapes.
