In 1930, Yousuf Khalil Almoayyed opened his first shop in Manama, Bahrain, selling everyday essentials He founded Y.K. Almoayyed & Sons in 1940. Today, the group has a diversified portfolio across the automotive, heavy equipment, building materials, and electronics sectors, among others. It represents over 300 international brands, including Nissan, Ford, Infiniti, Lincoln, Renault, Toshiba, Glem Gas, and Sony. In June 2022, Continental appointed Y.K. Almoayyed & Sons as the official distributor for Continental tires in Bahrain.