Yousuf Khalil Almoayyed opened his first shop selling everyday essentials in Manama, Bahrain, in 1930. In 1940, he founded Y.K. Almoayyed & Sons. Today, the group represents more than 300 brands and employs over 8,000 people. It has a diversified portfolio across automobiles, electronics, home appliances, heavy equipment, and industrial building systems, among others. The company deals with Nissan, Ford, Infiniti, Lincoln, Renault, Komatsu, Continental Tires, Sony, Toshiba, and Honeywell. In 2023, the group partnered with major brands, including Panasonic, Hisense CAC, Nikai, Elf Lubricants, BKT Tires, and Krank Batteries, to be their official distributor in Bahrain.