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Coordination Committee Seeks to Promote Bahraini-Saudi Tourism Exhibitions

Sara Ahmed Buhijji, CEO of Bahrain Tourism and Exhibitions Authority 
Sara Ahmed Buhijji, CEO of Bahrain Tourism and Exhibitions Authority 
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Coordination Committee Seeks to Promote Bahraini-Saudi Tourism Exhibitions

Sara Ahmed Buhijji, CEO of Bahrain Tourism and Exhibitions Authority 
Sara Ahmed Buhijji, CEO of Bahrain Tourism and Exhibitions Authority 

Sara Ahmed Buhijji, CEO of Bahrain Tourism and Exhibitions Authority, revealed the formation of a committee dedicated to coordinating exhibitions, conferences, and tourism events between Manama and Riyadh, with the aim to maximize mutual benefits for both countries in the sector.
Buhijji was speaking on the sidelines of the 9th UNWTO Forum on Gastronomy Tourism, held in Bahrain from November 18-19.
The event, which is taking place for the first time in the Middle East, is organized by the Bahrain Tourism and Exhibitions Authority, the UN World Tourism Organization, and the Basque Culinary Center.
According to Buhijji, Bahrain and Saudi Arabia are promoting a shared tourism product, given their geographical proximity and close ties. Visitors to Manama can easily travel to Saudi Arabia, either via the King Fahd Causeway—reaching the Eastern Province in less than 20 minutes—or by air, with a flight to Riyadh taking approximately 30 minutes.
She also highlighted a targeted effort to attract tourists from five key countries, including GCC nations, with a particular focus on Saudi Arabia as one of the largest sources of visitors to Bahrain.
Buhijji emphasized the significance of hosting the 9th UNWTO Forum on Gastronomy Tourism in the Middle East, which has attracted over 650 participants from 59 countries, including the GCC.
She noted that hosting such a prominent event demonstrates Bahrain’s capability to attract large-scale events, thanks to its robust infrastructure, numerous hotels, and Bahrain International Airport’s capacity to handle a significant number of visitors.

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Oil Slips on Sverdrup Field Restart, Geopolitical Fears Support

FILE PHOTO: Oil pump jacks are seen at the Vaca Muerta shale oil and gas deposit in the Patagonian province of Neuquen, Argentina, January 21, 2019. REUTERS/Agustin Marcarian/File Photo
FILE PHOTO: Oil pump jacks are seen at the Vaca Muerta shale oil and gas deposit in the Patagonian province of Neuquen, Argentina, January 21, 2019. REUTERS/Agustin Marcarian/File Photo
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Oil Slips on Sverdrup Field Restart, Geopolitical Fears Support

FILE PHOTO: Oil pump jacks are seen at the Vaca Muerta shale oil and gas deposit in the Patagonian province of Neuquen, Argentina, January 21, 2019. REUTERS/Agustin Marcarian/File Photo
FILE PHOTO: Oil pump jacks are seen at the Vaca Muerta shale oil and gas deposit in the Patagonian province of Neuquen, Argentina, January 21, 2019. REUTERS/Agustin Marcarian/File Photo

Oil slipped on Tuesday pressured by the restart of production at Norway's Johan Sverdrup oilfield, although investor caution arising from fears of an escalation in the Russia-Ukraine war limited the decline.
Equinor has resumed partial production from the oilfield, Western Europe's largest, following a power outage. An outage at the North Sea field helped prices to climb by over 3% on Monday, Reuters reported.
Brent crude futures were down 45 cents, or 0.6%, to $72.85 a barrel by 0915 GMT, while US West Texas Intermediate crude futures slipped by 46 cents, or 0.7%, to $68.70.
"I guess the partial restart of the Sverdrup field is the driver of the setback, as well as a slightly stronger US dollar," said Giovanni Staunovo, analyst at UBS.
The US dollar edged up on Tuesday to within striking distance of its one-year high. A strong dollar makes commodities like oil more expensive for other currency holders and tends to weigh on prices.
Another continuing outage provided support. Kazakhstan's biggest oilfield, Tengiz, has reduced oil output by 28% to 30% for repairs which are expected to be completed by Saturday, the country's energy ministry said.
A rise in geopolitical tensions also supported prices.
In a significant reversal of policy, US President Joe Biden's administration allowed Ukraine to use the U.S.-made weapons to strike deep into Russia, two US officials and a source familiar with the decision said on Sunday.
The Kremlin said on Monday that Russia would respond to what it called a reckless decision by the Biden administration, having previously warned that such a decision would raise the risk of a confrontation with the US-led NATO alliance.
Investors are wary, said Toshitaka Tazawa, an analyst at Fujitomi Securities, as they are "assessing the direction of the Russia-Ukraine war after the weekend's escalation".
While oil's outright price has found support this week, the market structure has weakened. US crude flipped to contango for the first time since February on Monday in a sign that supply tightness was easing.