Manama, Kingdom of Bahrain – 12th June 2024 – Mrs. Rana Almaeeli, Chief Executive of SINNAD a pioneer provider of Card Processing and Payment Services in the MENA region, has been awarded the prestigious title of “Best Emerging Women CEO in Fintech” by The Global Economics. This award underscores the critical role women are playing in shaping the future of finance in the Kingdom of Bahrain.

The Global Economics Awards acknowledges leading individuals and business enterprises cultivating positive work cultures and driving growth across regional global economies. The awards recognize excellence among diverse industries, bolstering the confidence and credibility of its recipients.

This recognition comes shortly after His Majesty King Hamad bin Isa Al Khalifa’s address at the 33rd session of the Arab League Summit in Bahrain, where he highlighted the importance of advancing Arab cooperation in financial technology and digital transformation. Women are playing an increasingly pivotal role in this progression, and such recognitions serve as powerful reminders of their significant impact.

Bahrain’s fintech industry is experiencing a surge of innovation, propelled in part by a wave of talented women who have benefited from the Kingdom’s supportive ecosystem. By nurturing female talent, Bahrain is ensuring a robust talent pool, enabling financial solutions that address the sector’s broad customer base. Initiatives such as the Supreme Council for Women (SCW) actively promotes gender equality within Bahrain’s burgeoning technology sector, particularly in fintech. Initiatives like Innovate for Bahrain (i4BH) exemplify this shared vision, developing programs aimed at achieving gender parity in the tech industry and equipping women to excel in fintech.

Mrs. Rana Almaeeli, Chief Executive of SINNAD, expressed her gratitude for the recognition, stating, “I’m incredibly honored to be recognized by The Global Economics as the Best Emerging Women CEO in Fintech for Bahrain. This award highlights the incredible opportunities available for women in the fintech industry in the Kingdom of Bahrain supported by His Royal Highness Salman bin Hamad bin Isa Al Khalifa, The Crown Prince and Prime Minister of Bahrain. By harnessing the collective power of women and fostering a culture of collaboration, Bahrain can solidify its position as a regional leader in financial innovation, paving the way for a more inclusive and prosperous future.”

She added, “This award is a testament to the hard work and dedication of our entire team. I am grateful to lead such a talented and passionate group of individuals, and I share this award with all of them. We are excited for what the future holds for our company.”