Bahrain Parliament Calls on Govt. to Cancel Fuel Price Hike

Bahrain's National Oil and Gas Authority.
Bahrain's National Oil and Gas Authority.
TT

Bahrain Parliament Calls on Govt. to Cancel Fuel Price Hike

Bahrain's National Oil and Gas Authority.
Bahrain's National Oil and Gas Authority.

The Council of Representatives in the Kingdom of Bahrain submitted an urgent proposal to the Bahraini government to rethink the fuel price hike only a day after its approval.

The Council held its 15th weekly meeting Tuesday and allocated part of it to discuss the hike in gasoline prices, which some MPs considered sudden, especially after the National Oil and Gas Authority (NOGA) announced readjusting fuel prices for 2018 and raising them 12 and 25 percent.

Sheikh Khalid bin Abdullah Al Khalifa, Deputy Prime Minister and Chairman of the Ministerial Committee for Financial Affairs and Control of Spending, said that the coming days will witness a number of coordination and consultative meetings with the legislative authority aimed at restructuring the support and directing it to the beneficiaries from Bahraini families and citizens.

First Deputy Speaker Ali Abdulla al-Aradi chaired the parliament session.

The urgent proposal was submitted by MPs Isa Turki, Abdulrahman Boumjeed, Dheyab al-Nuaimi, Ali al-Muqla and Mohammed al-Emadi.

“The decision to raise prices was surprising,” Aradi told Asharq Al-Awsat, adding that the Council agreed with the government to gradually reduce subsidy on many goods and services, including gasoline.

He said that the deputies agreed on the government request to cancel the decision to increase the price of gasoline and find a way to support the Bahraini citizens, especially those with limited income.

"The council called upon the government to provide support to Bahrainis with limited income, especially in the field of energy," Aradi added, explaining that Bahrain's production of oil is limited and 80 percent of the revenues of the public treasury comes from oil.

It is therefore is necessary to ration subsidy it so that the social class, which deserves to be benefit from it, is not affected by such decisions.

“There is cooperation between the legislative and executive authorities, and the government always takes the council’s proposals into consideration,” he said.

After the NOGA’s increase in fuel prices, the cost of Mumtaz (95 octane) petrol rose from 160 fils to 200 fils per liter and Jayyid (91 octane) fuel rose from 140 fils per liter from the previous 125 fils.



Tourism Minister: Saudi Arabia Sees 27% Increase in Incoming Tourists in 9 Months

Saudi Minister of Tourism Ahmed Al Khateeb speaks at the 2025 Budget Forum in Riyadh. (SPA)
Saudi Minister of Tourism Ahmed Al Khateeb speaks at the 2025 Budget Forum in Riyadh. (SPA)
TT

Tourism Minister: Saudi Arabia Sees 27% Increase in Incoming Tourists in 9 Months

Saudi Minister of Tourism Ahmed Al Khateeb speaks at the 2025 Budget Forum in Riyadh. (SPA)
Saudi Minister of Tourism Ahmed Al Khateeb speaks at the 2025 Budget Forum in Riyadh. (SPA)

Saudi Arabia's tourism sector continues to achieve remarkable growth, as incoming tourist numbers surged by 27% in the first nine months of 2024 compared to a 14% increase during the same period last year, said Minister of Tourism Ahmed Al Khateeb on Wednesday.

Speaking at the 2025 Budget Forum in Riyadh, Al Khateeb underscored the sector's significant progress toward realizing the goals of Vision 2030.

International tourist arrivals for recreational purposes increased by an extraordinary 600% in 2023 from 2018, he revealed, adding that the rise has been complemented by a boost in visitors arriving for religious purposes, with the Kingdom encouraging such visitors to explore other cities to experience natural and archaeological sites.

The minister said rural tourism has also gained popularity, with increasing demand reported across the Kingdom's diverse regions. By the end of 2023, tourism's contribution to gross domestic product (GDP) reached 5%, and efforts are underway to achieve a 10% contribution by 2030.

Al Khateeb highlighted the economic impact of the sector, noting a surplus of over SAR 41 billion in the balance of payments during the first half of 2024, compared to SAR 48.1 billion for the entirety of 2023. This marks a significant turnaround from 2018 when the balance recorded a deficit of SAR 10 billion, said the minister.

Employment in the tourism sector has also grown substantially, with the number of jobs increasing from 750,000 to 960,000, and localization within the hospitality sector reaching 35%, he added.

The Ministry of Tourism, under the leadership of Prince Mohammed bin Salman, Crown Prince and Prime Minister, is investing heavily in training and developing local talent.

The ministry allocates an annual budget of SAR 375 million to support the qualification and training of up to 100,000 Saudis, including over 10,000 opportunities at world-class institutes, enabling them to take on leadership roles within the industry, Al Khateeb stressed.