Bahrain blooms
03/06/2008
Bahrain’s financial services industry added more than 2,200 new jobs during 2007, raising total employment in the sector to a record 11,960 last year, according to a Central Bank of Bahrain (CBB) annual survey on employment in the financial sector.
The 2007 employment was a 22.6% increase over 2006, continuing a recent trend of double-digit growth in financial sector workforce, which has more than doubled since 2000 when the CBB began conducting the survey annually.
The Bahrain financial sector employment survey is conducted by the CBB’s Directorate of Financial Stability.
The survey for 2007 found that of the 2,208 new jobs created, 1,230 (or 55.7%) went to Bahrainis, raising the number of Bahrainis employed in the financial sector to 8,248 last year, from 7,019 in 2006.
