Friday, September 25, 2020

The Walking Business Power House

Mr. Fareed Yousuf Almoayyed, Deputy Chairman, Y K Almoayyed & Sons.

It is next to impossible to find an office in the Kingdom of Bahrain, with no desktop or laptop. When Bahrain This Week team met the mighty business man, Mr. Fareed Almoayyed, at his office in the Almoayyed Towers, Manama, it was nothing less than an experience worth a lifetime. Holding multiple responsibilities at once, Mr. Fareed Almoayyed has his whole house of businesses managed from behind his desk with utmost efficiency without the aid of any of the modern day gadgets. But, a man with great respect to the modern technology also accepts the fact that today’s development has bought the whole world to ones finger tips and helps operate business quicker and easier from any corner of the world. Along with the firm support of his brother Mr. Farooq Almoayyed, he has been operating the YK Almoayyed & Sons on the same pedestal and quality guidelines set by their father.

When we asked him about the group success strategy, Mr. Fareed Almoayyed answered with the smile of a winner, “Our guiding principle had been set by my father and we always adhere to the same standard of delivering high quality service at all the sectors we cater to.”

Mr. Fareed Almoayyed was extremely confident when we asked him about the after recession economy of Middle East, Bahrain in particular. “Bahrain is one of the best business friendly nations in the whole of GCC. We have received tremendous support from the Kingdom’s government for new ventures and with several new investments getting pumped into various sectors, there is a visible jump start in the growth of the nation.”

“You may also notice that Bahrain is one of the best grounds for banking and investments. The existing brands are looking forward to extend themselves over the kingdom and there are new names getting added to the list. We are proud that some of them are big shot names known across the globe. ” observed Mr. Almoayyed.

The young generation of leader, at the Almoayyed group, has been doing wonders since long. The Hard work and effort they put to have the ideals of the group taken to the next level, is praiseworthy. When we asked Mr. Almoayyed about the next generation preparing to take the lead, he shared with us his thoughts and vision. “The new generation is really good and we are proud at the way they always come up with innovative ideas for the development of the organization. But we as elders make sure that they are based on the benchmarks being followed since our forefathers.” He continued, “For now, we are here to guide them and make sure they become the beacon for the coming generations”. He also added with a gentle smile, “And if my kids and grandchildren say I am a good father and a grandfather, like how we acknowledge my father now, I would consider my life worth living.”

Mr. Fareed Almoayyed also had great regards for the excellent workforce under him and stressed on the employee satisfaction factor including the brilliant cooperation that exists between the different nationalities in his team. “Our staffs are our strength. They like working with us and we appreciate their efforts through proper remuneration from time to time. There are always people willing to join us knowing that at Almoayyed, we work together to achieve the same goal where everyone is benefitted.”

When not busy with his hectic schedules, Mr. Fareed Almoayyed makes sure to take time out to socialize. “Meeting people and talking to them is good for me and it’s good for our business as well”. He is also actively involved in numerous philanthropic activities reaching the less privileged sectors in the society.

The walking business power house of Bahrain, who carries with him the knowledge handed down through generations, had the following words of advice for the ambitious novices – “Remember to take one step at a time and try to make things happen slow at its own pace. You don’t wake up one fine morning being successful. It is the humble beginning that leads to higher places. If you have to start a career as an office clerk, never step back. It’s the honest hard work that will bring to you the success you deserve”.

MOST READ

Gulf Air Resumes Direct Flights to Dhaka

Gulf Air, the national carrier of the Kingdom of Bahrain, announces that it has resumed its direct flights to and from Dhaka’s Hazrat Shahjalal...

BRAVE CF 42 full fight card released with 12 nations represented and the Flyweight Tournament quarter-finals

BRAVE Combat Federation returns to the Kingdom of Bahrain, for the second consecutive week with BRAVE CF 42, on September 24th. The promotion released the full...

The National Medical Taskforce for Combating the Coronavirus (COVID-19) provided an update on the COVID-19 response in the Kingdom

The National Medical Taskforce for Combating the Coronavirus (COVID-19) today held a press conference at the Crown Prince Centre for Training and Medical Research...

stc Bahrain, the first telecom operator in Bahrain to offer Roadside Assistance and Home Assistance services

stc Bahrain, a world-class digital enabler, is the first telecom operator in Bahrain to venture into Roadside Assistance and Home Assistance services, expanding its...

Towards Creating Career Opportunities: Interview with Pakiza Abdulrahman

Bahrain Economic Development Board is an investment promotion agency chaired by His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince, Deputy Supreme...

KHK MMA dominates at BRAVE CF 41 with four huge victories

BRAVE Combat Federation hosted the first of three groundbreaking events last Thursday in the Kingdom of Bahrain, with seven bouts taking place behind closed...

The aftermath of a historic night for BRAVE CF and Arab MMA

BRAVE Combat Federation’s vision of globalizing the sport started within the Arab world, which was often overseen by many other organizations, and to provide...

BD 150,000 ‘Shop & Win’ anniversary bonanza

Lulu Hypermarket is celebrating its 13th anniversary of being a retail leader in the Kingdom of Bahrain with a grand ‘Shop and Win’ e-raffle...

Health Minister urges compliance to reduce COVID-19 infections

Health Minister Faeqa bint Said Al-Saleh urged full compliance with the mandatory precautionary measures to curb the spread of the novel coronavirus (COVID-19). She called...

Adherence to precautionary measures national responsibility

President of the Supreme Council of Health and Chairman of the National Medical Taskforce for Combating Coronavirus (COVID-19) Lieutenant-General Dr. Shaikh Mohammed bin Abdulla...

Volunteering for Humanity: The phase III clinical trials in the Kingdom

The phase III clinical trials are being conducted in the Kingdom in collaboration with Abu-Dhabi based G42 Healthcare using a vaccine developed by Sinopharm...

Bahrain exports BD190 Million Worth of Products of National Origins during August 2020

The Information &eGovernment Authority (iGA) issued its foreign trade report of August 2020, encompassing data on the balance of trade, imports, exports (national origin),...

Education Minister participates in virtual meeting

Minister of Education Dr. Majid bin Ali Al Nuaimi participated in the Arab Education Ministers meeting on endorsing the document of developing education in...

Gulf Air Appoints Bahraini Country Manager in Kuwait

Gulf Air, the national carrier of the Kingdom of Bahrain, announces that it has appointed Mr. Mohamed Ibrahim Al Hamer as a Country Manager...

SCE launches training course for radiological and nuclear emergencies

The Supreme Council for Environment (SCE)’s CEO Dr. Mohammed Mubarak bin Dainah, launched the national training course on responding to radiological and nuclear emergencies. The...