Latest news with #WorldUnionofArabBankers
Daily Tribune
3 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.'
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.
