Saudi dates reach world markets with wrong ‘certificates of origin’

August 30, 2013

Dates_in_Qassim

Buraidah, Aug 30: Abdul Aziz Al-Twaijri, a member of the National Council for Palms and Dates, has alleged that huge quantities of Saudi dates are being sold in European markets with a “country of origin” label other than that of Saudi Arabia.

Speaking on the sidelines of Buraidah Dates Festival, Al-Twaijri said the Saudi produce was being accessed to Asian and European markets through neighboring countries such as UAE, Jordan and Turkey.

He said that the UAE had become a gateway for Saudi dates to East Asian countries, while Turkey had opened the gates to European markets and Jordan opened several outlets to other countries. “Europeans normally prefer dark brown dates, which are priced between SR 20 to SR 50 a kg,” Al-Twaijri said, noting that East Asian countries are more price-conscious than concerned with quality and prefer dates priced at not more than SR 15 per kg.

He said: “A single riyal is added to every extra kg for transporting the commodity to neighboring countries such as Yemen, Jordan, the Gulf States and Egypt. But transportation by sea is more expensive, with SR 5 added to a kg of dates. Taxes and transportation costs are included.”

Ten percent of local dates production is dispensed as government subsidies, which corresponds to up to 2.5 percent of production volumes, said Al-Twaijri adding: “Another 7.3 percent is dispensed as subsidies for the less fortunate throughout the world, with Somalia and Yemen topping the list, as well as refugee camps in Turkey, Jordan and Lebanon.”

“There are 12 outlets for hosting Saudi date distribution throughout the globe, including the SAIL exhibitions in Paris, 'ANOVA' in Germany and 'Halal' in Malaysia, in addition to several other exhibitions around the world,” explained Al-Twaijri.

Sultan Al-Thunayan, head of the Dates Committee at the Qassim Chamber of Commerce, said that Saudi dates are of high quality. “The Buraidah Dates Festival has opened the doors to international markets,” he added.

There is in excess of 22 million trees in Saudi Arabia, he said, adding that these trees produce more than 1.2 million tons of the fruit, of which Qassim only produces 20 percent.

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News Network
April 22,2020

Dubai, Apr 22: Saudi Arabia's Health Ministry registered 1141 new Coronavirus cases, 172 new Recoveries and 5 new deaths in the last 24 hours by 22nd April 2020 (3:40 PM), Most of  the Corona infected patients are in stable condition, while 82 cases are on critical condition and are being treated in various hospital's Intensive Care Unit, All the confirmed and suspected cases are isolated and are being treated in the country, the Total Covid-19 cases as of Today are as follows
 
Infections : 12772
Recovered : 1812
Deaths : 114
Active Cases : 10846
Critical : 82

-  The Spokesperson of Ministry of Health said Total laborartory tests exceeded 200,000. 

-  You should continue to socialize and stay at home, especially for those aged 65 and over or who suffer from chronic diseases.

-  Half a million field assessments under active survey, 50 government agencies involved in anti-virus efforts, 150 field teams participating in the active examination in the Kingdom.

- The Health Ministry said, Maintaining hand-washing and keeping away from gatherings is an important step, and we should all be responsible.

- Worldwide Covid-19 infection details as of Today (22nd April) are

Infections : 2,580,729
Recovered : 693,093
Deaths : 178,371

- Among the 1141 new infections, most of the cases are on active survey results, 868 cases from new infections are discovered from active survey field testing. The city wise total active cases excluding recoveries and deaths by 22nd April are

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Arab News
March 9,2020

Dubai, Mar 9: The eyes of the world will be on the oil markets when the big trading hubs in Europe and North America open following the end of the deal between Saudi Arabia and Russia that has helped to sustain crude at relatively high levels for the past three years.

There were big falls on Friday when ministers from the Organization of the Petroleum Exporting Countries (OPEC) failed to get a deal with non-OPEC members — the so-called OPEC+ — to extend output agreements. Brent oil was down nearly 10 percent at $45.27 going into the western weekend.

Saudi Aramco took immediate action to cut prices after the OPEC+ collapse, offering big discounts for crude deliveries from next month, when the current output restrictions end.

According to a notification sent to customers by Saudi Aramco, seen by Arab News, the Kingdom’s oil giant will cut between $4 and $8 per barrel, with the biggest discounts being offered to buyers in northwest Europe and the US.

Roger Diwan, an oil analyst at consultancy IHS Market, said: “We are likely to see the lowest oil prices of the past 20 years in the next quarter.”

West Texas Intermediate, the US oil benchmark, fell to $28.27 in November 2001.

The move raises the possibility of a “crude war” between the three biggest oil blocs — the US, Russia and the Arabian Gulf. Some analysts believe the American shale industry is more vulnerable to low prices than either the Russians or the Saudis.

Robin Mills, head of the Qamar consultancy, told Arab News: “I don’t think this was premeditated but Saudi Arabia has clearly swung quickly into action to put the Russians under pressure. But the Russians, with low debt and a flexible exchange rate, can cope with a few months of low prices.”

The boom in US shale has made the country the biggest oil producer in the world, but with high financing costs. Lower global prices would put a lot of shale companies out of business.

On the other hand, American motorists, and President Donald Trump, would be pleased to see lower fuel prices in an election year.

In Moscow, one prominent financier with ties to the Kingdom played down the long-term significance of the Vienna fallout.

Kirill Dmitriev, chief executive of the Russian Direct Investment Fund, told Arab News: “Saudi Arabia is our strategic partner, and cooperation between our two countries will continue in all areas. We will also continue to work within the framework of the Russia-Saudi Economic Council.”

One Russian official, who asked not to be named, added: “There is a good relationship between Alexander Novak, Russian energy minister, and his Saudi counterpart Prince Abdul Aziz bin Salman, and I am sure they will continue talking to each other less formally.”

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News Network
January 3,2020

Hong Kong, Jan 3: Oil prices soared more than four per cent Friday following claims that the US had killed a top Iranian general, ratcheting up tensions between the foes and fuelling fears of a conflict in the crude-rich region.

The head of Iran's Quds Force, Qasem Soleimani, was hit in an attack on Baghdad international airport early Friday, according to Hased, a powerful Iraqi paramilitary force linked to Tehran.

Brent surged 4.4 per cent to USD 69.16 and WTI jumped 4.3 per cent to 63.84.

“Oil prices still have room for further upside as many analysts are still having to upgrade their demand forecasts to include a rather calm period on the trade front,” Moya said, referring to the warming trade relation between China and the United States.

“President Trump is likely to take a break on being ‘tariff man’ until we get beyond the presidential election in November.”

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