The Central Bank of Bahrain (CBB) has reported a significant increase in financial institution licensing, with 16 new financial firms approved and 52 additional applications underway from early 2024 through mid-2025. This surge highlights Bahrain’s growing appeal as a destination for digital-first financial services, with nearly 75 per cent of the 68 applications coming from international applicants. The influx is expected to create more than 850 jobs initially, with more opportunities anticipated as newly-licensed firms scale their operations.
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