Archaic system. Bahrain’s decision to scrap its archaic sponsorship system, likened by the US State Department in its 2007 “Trafficking in Persons Report” to “modern-day slavery,” will also have the benefit of making Bahrain a more attractive place in which to work - an important means by which to attract much-needed foreign direct investment, particularly with the financial crisis.

“The change in regulation is positive for the investment environment and labor mobility,” says Monica Malik, an economist at EFG-Hermes. “It will help to reduce the cost and time linked with labor issues.”

Simon Williams, of HSBC, agrees. “The more easily people can move between posts, the more likely it is you’ll have the right person in the right job.”

 

 

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