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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News Network
April 27,2020

Riyadh, Apr 27: The government of Saudi Arabia has signed a SR995 million (approx. Dh972m) contract with China to provide Covid-19 tests for nine million people in the Kingdom.

The Saudi Press Agency, SPA, reported that the decision came "as a result of a phone call made today (Sunday) between the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud and Chinese President Xi Jinping."

The contract includes providing necessary equipment and supplies, making available of 500 Chinese specialists and technicians who are specialised in performing tests, establishing six large regional laboratories throughout the Kingdom; including a mobile laboratory with a capacity of performing 10,000 tests per day. Saudi cadres will also be trained to conduct daily tests and comprehensive field tests, under the new agreement

The contract was co-signed by the National Unified Procurement Company and Chinese company Huo-yan Laboratories by Dr. Abdullah Al Rabeeah, Advisor at the Royal Court, on behalf of the Government of Saudi Arabia, and Chinese Ambassador to the Kingdom Chen Weiqing, as a representative of the Chinese Government.

The contract is one of the largest contracts that will provide diagnostic tests for the novel Coronavirus.

Tests were also purchased from several other companies from the United States, Switzerland and South Korea, bringing the number of available tests to 14.5 million, covering around 40 percent of Saudi Arabia's population, SPA added.

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News Network
March 18,2020

Dubai, Mar 18: Emirates, one of the world's biggest international airlines, has asked pilots to take unpaid leave to help it mitigate the impact of the coronavirus pandemic that has shattered demand for global travel.

"To this end you are strongly encouraged to make use of this opportunity to volunteer for additional paid and unpaid leave," the airline said in an internal email to pilots, seen by Reuters.

Emirates earlier this month asked some staff to take unpaid leave, although at that time it was not available to pilots.

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Agencies
June 9,2020

Dubai, Jun 9: Dubai's Emirates airline has begun laying off employees to reduce cost and save cash as the carrier looks to rightsize its workforce.

"We at Emirates have been doing everything possible to retain the talented people that make up our workforce for as long as we can. However, given the significant impact that the pandemic has had on our business, we simply cannot sustain excess resources and have to rightsize our workforce in line with our reduced operations. After reviewing all scenarios and options, we deeply regret that we have to let some of our people go," the spokesperson said in the statement.

Citing sources, Reuters and Bloomberg earlier reported that a majority of those being made redundant are cabin crew workers as well as a minority of its engineers and pilots, including those flew the Airbus A380.

"This was a very difficult decision and not one that we took lightly. The company is doing everything possible to protect the workforce wherever we can. Where we are forced to take tough decisions we will treat people with fairness and respect. We will work with impacted employees to provide them with all possible support," said the statement.

The spokesperson, however, didn't disclose how many employees are being made redundant in this latest round of rightsizing the workforce.

Emirates on Sunday confirmed that it extended the period of reduced pay for its staff for another three months till September. It had previously reduced basic wages by 25 to 50 per cent for three months from April, with junior employees exempted.

The airline had employed around 60,000 people at the end of its 2019-20 financial year.

Saj Ahmad, chief analyst at StrategicAero Research, said the announced job cuts at Emirates will likely not be the last given the unprecedented damage that Covid-19 has had not just on air travel, but on the entire aviation industry as a whole.

"Emirates' massive international network means that job reductions were always a last resort option as the company staves off cash burn and expenses at a time when revenues are dried up. While Emirates SkyCargo is enjoying a resurgence in activities, the reality is that this income will never offset the lost money from passenger operations," he added.

"Whilst some salary reduction schemes have prevented bigger job cuts for now, the absence of a cure or medicinal suppressant of Covid-19 means that air travel is unlikely to even reach pre-9/11 levels within 3-5 years, let alone pre-Covid-19 levels in that same time period. For that reason, Emirates' reduction in headcount is necessary to stay competitive, agile and be ready for when air travel can resume with a degree of normalcy that we have been accustomed to for decades," said Ahmad.

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