Manama, The Economic Development Board (EDB) organised a tour for local and international journalists at Citi Global Technology Hub in Bahrain, coinciding with the third anniversary of the hub’s launch. The tour aimed to highlight the achievements of the centre since its establishment in 2021.
Michel Sawaya, the CEO of Citibank Bahrain, gave a presentation on the hub’s role in developing digital platforms and executing major projects, enabling the bank to serve clients globally.
Sawaya noted that the hub, established in 2021 through a strategic partnership with Tamkeen and the EDB, focuses on enhancing digital solutions for Citi’s clients both regionally and globally. He said that the hub currently employs 185 staff, with women making up 20% of the Bahraini workforce, who represent over 70% of the total employees.
He also noted that the centre is developing future generations of technology experts in design, development, and management. Citi Bahrain has announced plans to hire 1,000 Bahraini programmers o
ver the next 10 years. The hub is connected to Citi’s global network, which spans 95 countries.
Sawaya led the journalists on a tour of the centre, explaining its operations and its connection to global hubs working on banking services for clients worldwide. He emphasised that the centre is the only one of its kind in the Middle East for technology development across various fields.
The CEO also discussed the rapid changes in financial services over the past decade, stating that these transformations will continue with the increasing shift towards digitalisation. He commended Bahraini talent for their contributions to global financial institutions and the enhancement of digital solutions in the financial sector.
Citi Bahrain manages Citibank’s operations, offering services including corporate and investment banking, Islamic banking, and serving multinational corporations operating in Bahrain, along with Bahraini companies, financial institutions, and public sector entities. Citi provides a range of financi
al services, including capital markets, advisory, hedging, investments, trade, and cash management solutions.
Source: Bahrain News Agency