Almosafer becomes inaugural travel partner of Riyadh Air, CEO reveals

CEO of Almosafer Muzzammil Ahussain speaking to Arab News.
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Updated 25 January 2024
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Almosafer becomes inaugural travel partner of Riyadh Air, CEO reveals

RIYADH: Saudi travel company Almosafer has become the inaugural partner of the Kingdom’s new flag carrier, Riyadh Air, according to a senior executive. 

Speaking to Arab News on the sidelines of the second Saudi Tourism Forum in Riyadh, the CEO of Almosafer – which is part of Seera Group – Muzzammil Ahussain noted that the companies will work together to merge their technologies. 

The integration aims to ensure that Riyadh Air’s content will be available for customers on the company’s platform. 

“Today, we just finalized our collaboration with Riyadh Air. We are the first Saudi travel company to partner with Riyadh Air. We’ll be working very closely as they prepare for launch to test to integrate our technologies and make sure that Riyadh air content will be available on Almosafer for our customers,” Ahussain said. 

He added: “We want to work very early on with them to use and partner and make sure our technology works together. They will be using new technology to distribute their flights to customers around the world. We want to work with them to promote Saudi as a destination, to provide Almosafer services to the Riyadh Air guest.” 

The firm also renewed its partnership with Al Rajhi Bank, which is a significant loyalty partner, particularly with the Mokafaa program. 

The collaboration facilitates users in earning and spending their Mokafaa points on Almosafer.

Additionally, Ahussain highlighted the newly unveiled domestic travel trends report released by his company during the event, which uncovered a strong desire among Saudi travelers for various tourism experiences within the Kingdom in 2023.

Utilizing data insights compiled from the firm’s consumer platforms throughout 2023, the report reveals that more than 40 percent of the overall booking share comes from the domestic sector, with 83.3 percent of local travelers preferring luxury accommodations. 

“This is double pre-COVID levels. So pre-COVID, the domestic travel used to be around 20 percent of our bookings. Now it’s about 40 percent. Additionally, we’re seeing a lot of great insights into what people do,” Ahussain commented. 

He added: “So what people are actually spending more on the hotel, staying in four- and five-star properties. But if you notice in the last two, three years see a lot of growth in low-cost carriers for flying. People are saving on the flight and spending more on the hotel and destination, which is good for the overall ecosystem.” 

The top-visited domestic destinations were Makkah, Jeddah, and Riyadh, followed by Dammam, Madinah and the Red Sea.

“We’re seeing a lot of growth, and as the hotel supply increases in these new projects, we’re seeing a lot more demand,” he stated. 

Ahussain continued: “That’s the purpose of creating the new routes from flyadeal or Flynas to bring price down, create ease of travel, but then allow people to spend more in the destination.”  

Furthermore, the company’s CEO offered perspectives on what he anticipates in terms of the Kingdom’s tourism performance in 2024. This included discussions on the influx of visitors for Umrah and Hajj, leisure travel from Asia or Europe, and Saudi citizens’ traveling abroad. 

“All elements of our business are growing. We’re going to invest heavily in technology and human capabilities, in training, as well as in our corporate business, because corporate is a new growing sector in Saudi Arabia for corporate travel,” Ahussain stated. 

Aligning with Saudi Arabia’s Vision 2030 from a tourism perspective, Almosafer’s role as a travel company is to connect supply with demand, as it “focuses on providing technology and services to ensure demand can be seamlessly booked, generate demand, but also seamlessly book that demand and making a good experience.” 


Bahrain to roll out fiscal reforms to bolster public finances

Updated 30 December 2025
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Bahrain to roll out fiscal reforms to bolster public finances

RIYADH: Bahrain’s government has unveiled a comprehensive package of fiscal reforms aimed at curbing public expenditure, generating new revenue streams, and safeguarding essential subsidies for citizens.

According to a report by the Bahrain News Agency, the measures include increases in fuel prices, higher electricity and water tariffs for certain categories, and greater dividend contributions from state-owned enterprises.

The Cabinet emphasized that electricity and water prices will remain unchanged for the first and second tariff bands for citizens’ primary residences, including homes accommodating extended families.

These reforms are aligned with Bahrain’s Economic Vision 2030, which seeks to reinforce fiscal discipline, diversify revenue sources beyond crude oil, and ensure long-term fiscal sustainability.

“The Cabinet confirmed that electricity and water tariffs for the first and second tariff bands for citizens’ primary residences will remain unchanged, taking into account extended families residing in a single household,” BNA reported.

The Cabinet also agreed to defer any changes to the subsidy mechanisms for electricity and water used in citizens’ primary residences until further studies are completed. At the same time, it approved amendments to electricity and water consumption tariffs for other categories, with implementation scheduled to begin in January 2026.

Under the proposed reforms, a 10 percent corporate income tax will be levied on companies with revenues exceeding 1 million Bahraini dinars ($2.6 million) or annual net profits above 200,000 dinars.

The new corporate tax framework is expected to come into force in 2027, subject to the completion of necessary legislative and regulatory approvals.

In addition, Bahrain plans to increase natural gas prices for businesses and reduce administrative government spending by 20 percent as part of broader cost-cutting efforts.

The government also aims to improve the utilization of undeveloped investment land that already has infrastructure in place by introducing a monthly fee of 100 fils per square meter, with implementation anticipated in January 2027.

The Cabinet further tasked the ministers of labor, legal affairs, and health with reviewing fees related to worker permits and health care services.

According to the report, revised fees will be phased in gradually over a four-year period starting in January 2026, with domestic workers exempt from the changes.

Authorities stressed that the reforms are designed to streamline government procedures that support investment, attract foreign capital, and strengthen the role of the private sector in driving economic growth.