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
A plan to scrap meat subsidies in Bahrain from August 1 has been postponed by a month for review.
The decision was announced yesterday (July 14) following an order from His Royal Highness Prime Minister Prince Khalifa bin Salman A
Bahrain's government is pushing ahead with plans to axe meat subsidies from August 1, despite objections from parliament and Shura Council.
Both chambers of the National Assembly have just approved the national budget for this
Countries in the region have been urged to follow Bahrain's footsteps in diversifying their economies.
UK-based economist Scott Corfe, who is the economic adviser for the Institute of Chartered Accountants in England and Wales
Bahrain’s government will present its blueprint for scrapping and redirecting subsidies to the National Assembly next week.
Finance Minister Shaikh Ahmed bin Mohammed Al Khalifa said parliament and Shura Council members woul
Bahraini farmers will have to operate on solar energy as the government plans to scrap subsidies on water and electricity, according to experts.
The Gulf Daily News (GDN), our sister publication, earlier reported that the second p
The world's richest nations are unlikely to reach a deal to phase out subsidies for coal exports at talks in June, reducing the chances of a new global climate change agreement at a UN conference in Paris, officials and campaigners say.
An announcement that Bahrain's government intends to cancel power and water subsidies has been welcomed by environmentalists, who expect it to foster a culture of conservation.
Bahrain spends hundreds of millions of dinars eve
Bahraini MPs are threatening to block the national budget for this year and next if the government insists on its plans to reduce subsidies.
The warning was issued yesterday (May 26) in a parliament statement that was unanimously