A parliamentary proposal urging the government to urgently study the possibility of selling a stake in Gulf Air to private investors was rejected yesterday.
The motion, which called for the partial privatisation of Bahrain’s national carrier while maintaining a 51 per cent government ownership under Bahrain Mumtalakat Holding Company, failed to secure enough support from legislators.
Out of 27 MPs present, 17 voted against the proposal, five supported it and five abstained.
The proposal said private investment would help revitalise Gulf Air, injecting much-needed capital and global expertise into the airline, improving its competitiveness and easing the financial burden on public funds. Shared ownership would ensure sustainability while retaining national control.
