Latest news with #KhalidAl-Ghazzawi
Biz Bahrain
12-05-2025
- Business
- Biz Bahrain
Dr. Al-Ghazzawi Showcases Bahrain's Financial Inclusion Model at Arab Banking Conference
Dr. Khalid Al-Ghazzawi, Chief Executive Officer of Ebdaa Microfinance Company and a Board Member of Union of Arab Banks, took part in the Arab Banking Conference 2025, held under the theme 'Public-Private Partnerships for Financing the Economy. The conference, held in Cairo, Egypt, brought together an elite assembly of Arab and international banking leaders, senior policymakers, and prominent economic experts. Dr. Al-Ghazzawi underscored the critical significance of the conference's agenda, which explored current approaches to public-private collaboration across the Arab world and the role such partnerships play in advancing sustainable development objectives. The discussions also included a comprehensive review of the contributions of Islamic finance in economic development and sustainability, as well as innovative financial instruments designed to enhance partnership mechanisms. Key topics also encompassed the involvement of multilateral development banks and international financial institutions, alongside policy and regulatory frameworks aimed at enabling effective and impactful collaborations. Dr. Al-Ghazzawi drew particular attention to the conference's dedicated focus on financial inclusion—an area gaining increasing strategic importance in the region and spotlighted the Kingdom of Bahrain's pioneering efforts in this field, describing how Bahrain has embraced forward-thinking strategies to broaden access to financial services across all segments of society. These strategies include the deployment of diverse and inclusive financial products that align with the needs of different demographic groups, in addition to the integration of microfinance as a pivotal instrument to foster empowerment and economic participation. Highlighting Bahrain's success story, Dr. Al-Ghazzawi elaborated on the contribution of Ebdaa Microfinance Company, emphasizing the company's central role in advancing financial inclusion, and noted that Ebdaa Bahrain is firmly dedicated to offering sustainable and innovative financing solutions specifically tailored to underserved populations that face barriers in accessing conventional banking channels. Through these efforts, the company significantly contributes to Bahrain's broader objective of inclusive and comprehensive economic development.
Trade Arabia
26-04-2025
- Business
- Trade Arabia
Ebdaa CEO named World Union of Arab Bankers member
The World Union of Arab Bankers (WUAB) has announced the appointment of Dr. Khalid Al-Ghazzawi, the Chief Executive Officer of Ebdaa Microfinance Company – Bahrain, as a member of its Board of Directors for the Union's sixth term running from May 1 to April 30, 2028. In his new capacity, Dr Al-Ghazzawi will leverage over 25 years of experience in the financial and banking sectors, with particular expertise in microfinance, to support the Union's efforts in driving transformative progress within Arab financial services, said a statement from Ebdaa Bank. His role will focus on strengthening frameworks for regional collaboration among financial institutions, enriching initiatives and dialogues around microfinance and financial inclusion, and contributing to policy-making processes aimed at advancing the banking sector throughout the Arab region. Confirming the appointment, Dr. Al-Ghazzawi said he had received an official letter from Dr. Wissam Fattouh, Secretary-General of the World Union of Arab Bankers, congratulating him and extending a warm welcome to the Board. In the letter, Dr. Fattouh noted that the selection was made in recognition of Dr. Al-Ghazzawi's distinguished achievements in the areas of financial inclusion and microfinance—sectors that align closely with the Union's mission of fostering economic and social development across the Arab world. The appointment also reflects acknowledgment of Dr. Al-Ghazzawi's significant contributions to advancing and modernising the Arab banking industry, it stated. Dr Al-Ghazzawi's first official engagement in this role will be his participation in the upcoming regular meeting of the WUAB Board of Directors, which will convene on the sidelines of the Arab Banking Conference in Cairo, Egypt, from April 28 to 29. On his appointment, Dr. Al-Ghazzawi expressed deep pride in the trust placed in him by the Union's leadership, and reaffirmed his commitment to contributing meaningfully to the Union's objectives and to supporting the growth and vitality of the Arab banking sector. "I am honoured by the trust placed in me by the World Union of Arab Bankers. I look forward to contributing actively to the Union's initiatives and supporting the development of the Arab banking sector," he stated.
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.
