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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.
Oman takes part in civil aviation meet
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More than 200,000 Saudi citizens with dual US citizenship are liable to pay taxes under US taxation laws, according to academics at King Abdulaziz University (KAU) in Jeddah....
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Sayyid Badr bin Hamad bin Hamoud al Busaidy, Secretary-General of the Foreign Ministry met with Lee Min-Jeong, Director-General of the Foreign Ministry Office in the People's Republic of China, in...
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ICT market is estimated to grow 10% annually: expert
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Backed by state-of-the-art ICT infrastructure and a digital savvy society, Qatar is now at the forefront of technology adoption in the GCC region, an expert on information and communications technology...
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Woqod 9-month net profit edges higher to QR856mn
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