Mona Almoayyed, the managing director of YK Almoayyed & Sons, a diversified business group in Bahrain, has made it to the 'Forbes Middle East'  list of the most influential Arab women.

The Bahraini businesswoman was honoured at an awards ceremony in Dubai after being ranked third on the elite list, reported the Gulf Daily News, our sister publication.

The event celebrated the achievements of the most influential women in the Middle East and North Africa region and was attended by more than three hundred invited guests from across the Arab world.

Speaking on the occasion, Almoayyed, who is the past president of the Bahrain Businesswomen's Society, said she felt honoured to be included in such a list.

"This recognition is all the more special as the endorsement is by a world renowned and respected institution like Forbes," she said.

"I am confident that this is just the beginning of many more such awards for businesswomen in Bahrain. I should add that this would not be possible without the support and reforms initiated by His Majesty King Hamad," she remarked..

"The initiatives by Her Royal Highness Princess Sabeeka bint Ebrahim Al Khalifa, wife of His Majesty and Supreme Council for Women President, have also made the path clear for businesswomen to excel and move forward, said Almoayyed.

"Hopefully we will see some more Bahrainis in the forthcoming list by Forbes," she added.

Almoayyed is also well-known for her contribution to social causes in Bahrain and has been on the board of many charitable institutions and non-governmental organisations.

The Forbes Middle East team conducted extensive research into family businesses and ministries in each country across the region.

Using information sourced from official government and company websites, along with Forbes Middle East's extensive pool of resources, relevant data pertaining to women in high-profile business and government roles was collated and analysed.-TradeArabia News Service