2 days ago
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.'
