Cattle market shows impact of Nitaqat

October 15, 2013

Cattle_marketJeddah, Oct 15: The impact of the Nitaqat campaign on the sheep and goat markets is perceptible this year, as residents across the Kingdom prepare for the ritual of sacrifice on Eid Al-Adha. Sudanese expatriates, who used to dominate the sheep markets in the Kingdom, are conspicuous by their absence this year following the amnesty.

Prices of sheep and lamb usually soar with the high demand at this time of the year, but thanks to the liberal import of sheep and huge subsidies for fodder, this year seems to have had a sobering effect on the markets. Prices have increased but not to the extent it was feared.

The origin and variety of sheep plays a very important role in determining the price, which differs from region to region. While the prices tend to fluctuate on a daily basis in the run-up to Eid, it peaks in the last couple of days and is expected to remain high till Tuesday.

Sheep markets across the Kingdom from Hafar Al-Bateen in the east to Taif in the west are traditionally dominated by Sudanese expatriates, but expatriates are not allowed to indulge in the trade of sheep. Many Sudanese and other expatriates have left from the Kingdom, another contributory factor for price fluctuation.

An Arab News reporter, on a visit to the old sheep market in eastern suburb of Jeddah, found very few Sudanese in sales, with Saudis filling up the gap. Ali Mohammed Awad, a Sudanese shepherd, told Arab News: “Last year, I was selling sheep but now I am only selling bundles of grass for SR10 to customers who are buying sheep.” The number of young Sudanese expats who used to grab butcher’s jobs for SR100 in the sheep markets has also gone down.

A leading importer and trader of sheep, Fahd Al-Sulaimi, who is also vice chairman of sheep sub-committee at the Jeddah Chamber of Commerce and Industry said that “prices very stable and affordable.”

Citizens and expatriates perform the faithful rite of animal sacrifice on the eve of Eid Al-Adha according to their choice, tradition and financial position. The choice of animal sacrifice varies from citizens to expatriates. The price of local breed sheep that Saudi nationals prefer is high compared to imported African sheep which is preferred by the expats.

The white-skinned Harri breed of sheep is the most popular among Saudis in Jeddah and large parts of Western region, and it fetches SR1,800 to SR2,000. Last year, it was being sold at SR1,500 to SR1,800.

The Najdi breed, which is generally raised in Riyadh and Central Province, is considered a superior breed and it costs between SR2,200 and SR2,500. Nuaimi, sold in fewer numbers in Jeddah, costs SR2,000 to SR2,200.

The gray-skinned Sawakin, named after the Red Sea port in Sudan, is another popular breed in the Kingdom after the local breeds. Weighing less and with low fat, it is mostly preferred by expatriate communities in the Kingdom because of the taste and price factors. Last year, Sawakin was priced at SR1,200, but this year, it has touched SR1,500.

The Somalia breed is being sold at around SR700 to SR800, the same as last year. This breed is generally the preferred choice of Indian and Pakistani communities due to its low fat and price factor. The meat of the African breed can be stored or frozen for longer periods of time which can’t be done in the case of local breeds. Barbari from Australia is also widely available.

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January 15,2020

Asia, Jan 15: Iranian Foreign Minister Javad Zarif on Wednesday said that killing of Iranian general Qassem Soleimani showed the ignorance and arrogance of the United States and asserted that Washington looks at things from their perspective and not keeping the interests of the region in mind."The US looks at things from their perspective, not from the perspective of this region. The killing of Qassem Soleimani shows ignorance and arrogance. 430 Indian cities saw protests against killing of Soleimani," Zarif said at an event.

Hitting out at US President Donald Trump and Secretary of State Michael Pompeo, Zarif said that they were the only ones, along with the Islamic State (ISIS) who celebrated the death of Soleimani.

"Who is celebrating Soleimani's killing? President Trump, Pompeo and Daesh (Arabic name of ISIS). You wonder about strange bedfellows?" he said.

Tensions between the US and Iran soared dramatically earlier this month after Washington launched airstrikes at Baghdad International Airport, which killed Soleimani. Tehran retaliated by firing a volley of ballistic missiles at two military bases of US-led coalition forces in Iraq, leading to a strife in the region.

However, Zarif regretted the shooting down of the Ukrainian airline and said it happened because of "tension".

"Nine million people were out in the streets of Iran commemorating Soleimani. You cannot bring out so many people to protest. The shooting down of a plane was a mistake. 180 families are mourning the loss of their dear ones. It happened because of tension," he said.

Asked whether there a chance of a diplomatic solution to the ongoing crisis, Zarif ruled out negotiating with the US.

"Iran is interested in diplomacy. We are not interested in negotiating with the US. US did not keep its commitments under nuclear deal. We had a US deal and the US broke it. If we have a Trump deal, how long will it last?" he said.

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KT
April 16,2020

Dubai, Apr 16: Brand Dubai, the creative arm of the Government of Dubai Media Office (GDMO), unveiled a series of outdoor ads that form part of its new campaign to encourage the community to stay home.

Featuring the slogan 'For My Sake #StayHome for Us', the campaign depicts stunning artwork developed in collaboration with Emirati artist Maitha Demithan. The ads have been displayed on billboards, lamp posts and digital screens across Dubai.

The campaign reinforces the importance of staying at home in line with the strict restrictions on movement put in place by Dubai's Supreme Committee of Crisis and Disaster Management as part of intensified measures to combat Covid-19.

Nehal Badri, Director of Brand Dubai, said: "The outdoor campaign, displayed in prominent locations across Dubai, was designed to illustrate the importance of staying at home during the current sensitive period. Using Maitha Demithan's stunning creative artwork, we sought to send out a clear message to the community that staying at home is vital to safeguard the wellbeing of our loved ones. 

This project is one of a series of initiatives launched in collaboration with UAE-based artists to raise awareness about the need to unite efforts to protect vulnerable people from the risk of infection."

Emirati artist Maitha Demithan said: "It has been a privilege for me to work on this project and an honour to serve my country through my artworks. The three portraits featured in the campaign create a triptych that represents the people who are the most vulnerable to being infected by the virus. During such difficult times, art can play a crucial role in raising awareness on how to stay safe, but most importantly it can keep everyone inspired. I encourage all my fellow artists and the creative community to continue practicing social distancing and stay connected by using their creativity and innovation to raise awareness during this period."

Brand Dubai partnered with several media outlets, including Media 24/7, Arabian Outdoor Media and Hypermedia to launch the outdoor ads. The ads are displayed on Sheikh Zayed Road, Dubai Marina.

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News Network
March 11,2020

Mar 11: Energy giant Saudi Aramco on Wednesday said it plans to raise its crude production capacity by one million barrels per day to 13 million bpd as a price war with Russia intensifies.

"Saudi Aramco announces that it received a directive from the ministry of energy to increase its maximum sustainable capacity from 12 million bpd to 13 million bpd," the company said in a statement to the Saudi Stock Exchange.

The decision comes a day after the world's top exporter, Saudi Arabia, decided to hike production by at least 2.5 million bpd to a record 12.3 million from April.

The Saudi moves come after the collapse of an oil production reduction agreement between OPEC and non-OPEC producers, including Russia.

The deal proposed by Saudi Arabia called for additional output cuts of 1.5 million bpd to cope with the severe economic impact of the coronavirus which has sharply reduced world demand for crude.

Boosting production capacity normally takes a long time and requires billions of dollars of investment.

Several years ago, the kingdom had shelved plans to boost its crude production capacity beyond 12 million bpd after demand for OPEC oil declined in the face of stiff competition from North American shale oil and other sources.

Russia on Tuesday said it was open to renewing cooperation with the OPEC cartel even as its kingpin Saudi Arabia escalated a price war with Moscow by announcing it would flood markets with new supplies.

The oil price war broke out after OPEC and a group of non-member countries dominated by Russia -- the world's second largest producer -- on Friday failed to agree on production cuts.

Saudi Arabia responded by announcing unilateral price cuts. This prompted the oil price to plummet and fuelled huge falls on stock markets around the world on Monday.

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