The Financial Services sector, including Financial and Insurance activities,is an essential pillar of Bahrain’s national economy. The sector counts as the largest non-oil contributor to Bahrain’s GDP, estimated at BHD 2.4 billion in 2023 – an increase of BHD 130.6 million year-on-year. It also played a key role in attracting BHD 10.7 billion in Foreign Direct Investment, highlighting its continued strength and attractiveness to global investors.

The Financial Services Sector Skills Report was developed through a comprehensive methodology, including international benchmarking, adherence to International Labor Organization guidelines, and consultations with sector representatives, to gain deep insights into the specific needs and dynamics of Bahrain’s Financial Services sector.