Citi launches tech hub in Bahrain to develop its digital platforms, according to Reuters

From Reuters:

DUBAI (Reuters) – Citi launched on Monday a global technology hub at its Bahrain offices, the first of its kind in the region and with the aim of employing 1,000 coders over the next decade.

The hub, based at Citi’s Bahrain premises, was set up in partnership with Tamkeen, a government-funded labour fund, and Bahrain’s Economic Development Board (EDB), which are also investing, a Citi executive said.

Under the plan, Citi will hire at least 100 people in coding-related roles each year over the next 10 years.

The new hires will initially work on two of the bank’s main platforms, Citi Velocity and Citi FX Policy, said Ala’a Saeed, Citi FX’s global head of electronic platforms and distribution.

Continue reading Citi launches tech hub in Bahrain to develop its digital platforms on Reuters

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