Arab News said the Ministry of Haj may close down 48 companies thought to hold a monopoly on the Umrah market, according to a reliable source.
The ministry is working on a list of regulations that include opening up the religious market to new companies after a decade in which no licenses were issued to Haj transportation firms.
A source in the ministry told local media that the new Umra regulations will be followed by a public and official announcement. But according to the source, these companies must operate within three principals: Financial liquidity, administrative ability and operational experience. The new regulations will include an increase in the bank guarantee from the current SR500,000 to SR1 million.
After the new guidelines have been issued, a committee formed by members from the Haj Ministry, the Interior Ministry and the Supreme Commission will be set up to lay down the operational strategy in 60 days.
It has been now 15 years since the incorporation of British Hajj Travel Limited, and it is in business providing Hajj and Umrah Travel Services since then. We have established ourselves as prime travel agents in UK during this time.
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