Bahrain, officially the Kingdom of Bahrain, is a small island country situated near the western shores of the Persian Gulf in the Middle East. Bahrain has the first post-oil economy in the Persian Gulf. Since the late 20th century, Bahrain has invested in the banking and tourism sectors. The country's capital, Manama, is home to many large financial structures. Bahrain has a high Human Development Index and was recognised by the World Bank as a high income economy.
In 2008, Bahrain was named the world's fastest growing financial centre by the City of London's Global Financial Centres Index. Bahrain's banking and financial services sector, particularly Islamic banking, have benefited from the regional boom driven by demand for oil. Petroleum production and processing is Bahrain's most exported product, accounting for 60% of export receipts, 70% of government revenues, and 11% of GDP. Aluminium production is the second most exported product, followed by finance and construction materials.
With its highly developed communication and transport facilities, Bahrain is home to a number of multinational firms and construction proceeds on several major industrial projects. A large share of exports consist of petroleum products made from imported crude oil, which accounted for 51% of the country's imports in 2007.
There are many reasons for the rapid generation of jobs in Bahrain namely fast growing economy, growing population of expats, growth of tourism, rapid development of infrastructure & so on. Job opportunities exist in each & every sector in Bahrain namely oil & gas, civil & construction, banking, IT, hospitality, medical, pharmaceutical, infrastructure services, government departments and so on. Bahrain is home to huge no. of expats from all over the world in pursuit of transforming their dreams into reality.
Courtesy:Gulf Job Consultants