Amin Al Arrayed, General Manager of First Bahrain, and Managing Director of Majaal Warehouse Co., has been selected by DePaul University in the United States to feature in its graduate success stories for alumni under 40 years of age. The American university whose real measures are the accomplishments of its alumni's, selected 14 of its top young global graduates who have distinguished themselves with not only professional successes but creativity and satisfaction in other facets of life.
While working full time, Al Arrayed completed his MBA from DePaul University and left the banking sector to set up the first dedicated mortgage provider, Reef Real Estate Finance Co. in Bahrain. In 2006, he had the opportunity to join First Bahrain Real Estate Development Co., an innovative regional real estate developer as General Manager. Under his leadership, the company successfully launched its value added project – Majaal a small to medium enterprise (SME)-focused warehousing and logistics facility designed to facilitate the Kingdom's industrial sector. Majaal's first phase features 130,000 square feet of state-of-the-art industrial workspace used by tenants for light manufacturing and storage.
Commenting on the selection, Amin Al Arrayed, who graduated from DePaul University in 2004 said; "Entrepreneurship was the theme of the program that got me thinking about taking that leap of faith and starting up something new. The program was like a change agent in terms of meeting the people who eventually supported me in my kind of entrepreneurial activity and allowed me to gain the confidence to face challenges and learn from experiences . I owe much of my success to my participation in the program and I am grateful to the University for this honour bestowed for my achievements."
In Bahrain, the DePaul University has been associated by the Bahrain Institute of Banking and Finance (BIBF) in an educational partnership resulting in offering the first graduate program offered by a recognized accredited American University. The flagship in this program centered on the first MBA degree to be ever offered by a U.S. academic institution.
Dr. Mohammed A. Alkhozai, Head of Academic and Executive Center Bahrain Institute of Banking and Finance said; "BIBF is proud and privileged to be part of this educational venture that started with an MBA as flagship of the program and continued over the years with the introduction of a number of Master of Science Degrees. Our alumni are the living testimony of the success of the DePaul graduate programs in Bahrain and we congratulate Amin on his achievement, perseverance and hard work and wish him all the best in his career ahead".