The US Justice Department has raised concern about demands by US airlines that the government limit flights of three Middle Eastern rivals to the United States, three sources familiar with the matter have said.
Traders in Bahrain have been warned not to exploit the subsidies situation by increasing meat prices. Anyone caught profiteering will face tough penalties, Industry, Commerce and Tourism Minister Zayed Al Zayani vowed yesterday (October 6), sa
Bahrain more than doubled the prices of beef and chicken on Thursday, removing meat subsidies in a politically sensitive move designed to save money as low oil prices slash the government's revenues.
There was a glaring absence of red meat at the Manama and Muharraq central markets yesterday (October 1), after butchers refused to pay higher prices for non-subsidised beef and mutton. Government meat subsidies were lifted yesterday and butch
Plans to scrap meat subsidies have been postponed for another month in Bahrain as MPs and the government continue to review the effect that the move will have on citizens. Originally set to be scrapped from August 1, the subsidy cuts were dela
A parliamentary committee in Bahrain in charge of reviewing subsidies policy is considering a comprehensive proposal to redirect subsidies to benefit citizens and small businesses. This would include reducing electricity rates and petrol costs
Calls for the already delayed subsidy cuts on meat to be further postponed have been backed by a joint parliamentary and government committee. It follows on from an earlier recommendation made by a special sub-committee formed to iron out deta
The government of the United Arab Emirates will save only a modest amount of money from reforms to its fuel price system in 2015 but the savings are likely to rise sharply in coming years, an International Monetary Fund official said on Tuesday.
Expats and businesses will no longer receive the majority of government subsidies in Bahrain, it was confirmed yesterday (July 29). However, Bahrainis will continue to enjoy subsidies on electricity and water in their homes, as well as on essent
The UAE government could save several billions of dollars a year on fuel subsidies, following the move to deregulate the prices of oil, according to a report.
Fuel subsidies are set to removed starting on August 1 and the prices o