Home Page - Gulf in the Media
HomePoliticsEconomy                               Set Gulfinthemedia.com as home page
Economy
 Print  Send This Page
Save Listen to this Article
Sheep prices skyrocket at Kuwait market   

Kuwait Times - 26 October, 2012

Kuwait Livestock Transport and Trading Company (KLTTC) announced that it imported 87,000 live Australian sheep to meet the market’s demand during Hajj and Eid Al-Adha.

KLTTC Managing Director Faisal Saud Al-Bader said that the company has taken steps to ease the difficulties of consumers in getting their sacrificial sheep on this important occasion.

Al-Bader said the company made sheep available in authorized slaughter houses for KD49 apiece. He said this has been done as the company’s responsibility to meet the needs of the consumers. He said people must slaughter their sheep in slaughter houses for public health and safety reasons.

Meanwhile, it was reported that sheep prices reached KD 150 per head, breaking all previous records. Citizens who were upset over the spiraling prices of sheep resorted to import sheep. The prices of sheep varied from KD 100 to KD 150 for local, Saudi, Jordanian and Syrian sheep. Iranian sheep are also available in the market at a hefty price, it was reported.

It was noticed that citizens were not buying sheep on Wednesday as they thought that prices would drop gradually. Goat auction also started yesterday by selling six goats for KD 140 each, which means goat will be retailed for not less than KD 150.
 
Japan to receive 1st naphtha cargo from Iran since 2011
Source : Tehran Times  
Date : 2017-02-21
Japan will receive a naphtha cargo from Iran this month, as the first shipment of the product from the Middle Eastern country since 2011....
Iran-EU trade up 78% in 2016
Source : TradeArabia  
Date : 2017-02-21
The European Union's trade with Iran amounted to €13.7 billion in 2016, a 78 percent rise compared to 2015, based on the latest figures released by the European Union's statistics...
Grains and cereals to top GCC's food imports till '19
Source : Saudi Gazette  
Date : 2017-02-21
As grains and cereals are forecast to dominate the GCC's food import bill until 2019, the Dubai World Trade Centre (DWTC) has made a strategic move to launch a Pulses,...
GCC needs new transport tech to cut emission levels
Source : Saudi Gazette  
Date : 2017-02-21
GCC countries need to adopt a structured technology adoption framework to overcome current challenges facing their transportation systems, according to a recent study by management consultancy Strategy& (formerly Booz &...
New Saudi leisure facilities to fuel domestic tourism at over 7.5% per year till 2020
Source : Saudi Gazette  
Date : 2017-02-21
Saudi Arabia's travel and tourism sector is expected to contribute more than $81 billion to the country's GDP by 2026, according to data from the World Travel and Tourism Council,...
Dubai gold price stays steady at Dh150
Source : Khaleej Times  
Date : 2017-02-21
Gold prices fell on Tuesday amid a rise in the dollar as investors awaited more clues on the timing of any U.S. interest rate hikes in a series of speeches...
Sharjah rents are falling; this is why
Source : Khaleej Times  
Date : 2017-02-21
Rents in Sharjah and Ajman are poised to fall further this year on the back an increase in affordable housing in Dubai, real estate consultancy Asteco said. John Stevens, managing...
'Year of Firsts' with strong performance
Source : Gulf Today  
Date : 2017-02-21
Dubai International Financial Centre (DIFC), the leading financial hub in the $ 7.4 trillion Middle East, Africa and South Asia (MEASA) region has celebrated a 'year of firsts' as on...
Mohammed Bin Rashid Business Awards ceremony to be held today
Source : Gulf Today  
Date : 2017-02-21
Dubai Chamber of Commerce and Industry will host a prestigious award ceremony on Tuesday to honour the winners of the 9th cycle of the Mohammed Bin Rashid Al Maktoum (MRM)...
DHL Express' $ 17m Mena project nears completion
Source : Gulf Today  
Date : 2017-02-21
The global leader in the international logistics and express industry, DHL Express plans to massively invest across the Middle East and North Africa (Mena) region to support its strong growth...
Saudi breaks records on oil exports and output for year
Source : Gulf Times  
Date : 2017-02-21
Saudi Arabia boosted oil exports and production last year to the highest monthly averages on record as the global crude market endured oversupply....
'Dubai Declaration' of financial institutions in UAE
Source : Gulf Today  
Date : 2017-02-21
Noor Takaful, the Shari'a compliant insurance arm of Noor Investment Group, announced on Monday that it has signed the 'Dubai Declaration of Financial Institutions in the United Arab Emirates on...
NDCC meet to discuss defence manufacturing at IDEX
Source : Gulf Today  
Date : 2017-02-21
Key issues pertaining to the development of the defence manufacturing sector in the UAE are frequently discussed during the National Defence Companies Council (NDCC) annual meetings, which take place in...
7 firms to list on 2nd Saudi stock board
Source : Arab News  
Date : 2017-02-21
Seven companies will start trading in Saudi Arabia next Sunday on a parallel market designed to boost the role of small and medium firms, the bourse said on Monday....
CEFC China Energy wins 4% stake in UAE oil project
Source : Arab News  
Date : 2017-02-21
The United Arab Emirates' (UAE) main state oil company has agreed to give CEFC China Energy a 4 percent stake in a major onshore oil project a day after awarding...
Women named to head Saudi bourse, major bank
Source : Arab News  
Date : 2017-02-21
Women have been named to head Saudi Arabia's stock exchange and a major bank, the institutions announced, despite the kingdom's social restrictions on females....
Work on jet fuel pipeline project under way
Source : The Peninsula  
Date : 2017-02-21
A pipeline connecting Ras Laffan Industrial City to Hamad International Airport (HIA) is expected to be completed by next year, said Qatar Petroleum Chief yesterday. The project is aimed at...
Dana Gas revises 2016 results to loss due to unrealised interest
Source : Gulf Times  
Date : 2017-02-21
Dana Gas restated its 2016 earnings to show a loss after the UAE-based energy producer adjusted for a reduction in unrealised interest payments it had booked in its accounts....
Dhs6.9b deals on second day of IDEX
Source : Gulf Today  
Date : 2017-02-21
Arms deals worth Dhs6.919 billion ($1.88 billion) were signed on the second day of the International Defence Exhibition and Conference, IDEX 2017, bringing the total transactions in 48-hrs of the...
Moscow pips Riyadh as top oil producer
Source : Oman Tribune  
Date : 2017-02-21
Russia overtook Saudi Arabia as the largest oil producer in the world in December, according to data published on the website of the Joint Organisations Data Initiative on Monday....
Total 653 Results in 33 Pages
  6 
For more news, views and reports about this topic, please subscribe
to GRC website: www.grc.net
Mon Feb 27, 2017| 30-جماد أول-1438هـ
Syria expands anti-Daesh operations
Riyadh celebrates first Saudi Women's Day
UAE summons Iran's diplomat
Trump turns up the heat on Iran, but no clear game plan yet
Qatar tops world in BMI index for investment attractiveness
Qaeda kills Yemen police, targeted in US raid
Iran targets $8.6bn of refinery deals with Asia firms
UN chief: Syria dialogue must focus on transition for success
US President Trump strongly supports Iraq - envoy
DGCX traded 1.37m contracts valued at $33b in January
Iran rejects 'baseless' warning from US on missile test
GCC consumers spend $9.3 billion on beauty, personal care products
HM King hails parliament's role
Saudi sentenced 7 years in prison for entering Syria, joining Al-Nusra
AD CP, Emir of Qatar discuss ties
  Op-Ed
Trump versus Iran: Mixing up the issues
Is it possible to create safe zones in Syria?
More>>  
    Reports
NBK Report on oil markets
GCC Banking Sector Quarterly - 2Q16
More>>  
    GCC Press Agencies
Day's main stories from the GCC Press Agencies
    GRC Analysis
UAE'S NON-OIL TRADE HITS DHS1.2 TRILLION
The Benefits of NATO-GCC Strategic Ties
The GCC and the EU's New Global Strategy
    GRC Commentary
Climate COP 22 in Marrakech Important for the Region
Earth Day 2016: The Promised Day
An Evolving Saudi-US Relationship
    GRC Press Release
Gulf Research Center press releases to the media
    GRC Publications
Sustainable Development Goals: Challenges and Opportunities for the GCC Countries
Salalah: The Economic Development and Spatial Fragmentation of a Globalized Port City in Southern Oman
Oil in the GCC Countries
    GRC Newsletters/Bulletins

Enter your email to get the Newsletter
Go
GRC Publication
      
Privacy Policy | Contact Us | Terms & Conditions | About Us |
Weather | Qibla Directions | Hijri Date Conversion Tool
Full Page :total time:0  |   59-- 59 Middle Page :0  --   | Right : 59 - 59--en--sess-enreq-en-coming