Home Page - Gulf in the Media
HomePoliticsEconomy                               Set Gulfinthemedia.com as home page
 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.
Saudi women entrepreneurs scaling new heights
Source : Arab News  
Date : 2016-11-29
Entrepreneurship is a very serious responsibility, which can be shouldered by having faith in God and believing in oneself....
Tadawul index rises above major technical barrier
Source : Arab News  
Date : 2016-11-29
Strength in second-tier stocks favored by local retail investors boosted Saudi Arabia's stock market on Monday....
Shariah standards for gold products approved
Source : Arab News  
Date : 2016-11-29
The Bahrain-based group that issues guidelines generally followed by Islamic financial institutions has approved a Shariah standard for gold-based products in a bid to expand the use of bullion in...
Positive response from major foreign investors for Saudi market reforms
Source : Arab News  
Date : 2016-11-29
Saudi Arabia is "ahead of the curve" in the region in attracting foreign investments to the local stock market, said Capital Market Authority (CMA) Vice-Chairman Mohammed Abdullah Elkuwaiz....
Saudi SMEs to gain more leverage in line with Kingdom's Vision 2030
Source : Saudi Gazette  
Date : 2016-11-29
Gassan Al-Sulaiman, governor of the newly formed Small and Medium Enterprises Authority, noted that they are working on providing a definition for the small and medium enterprises which they will...
King Abdullah Port crucial to propel Saudi shipping industry
Source : Saudi Gazette  
Date : 2016-11-29
King Abdullah Port seeks to strengthen its contribution to Saudi Vision 2030 by advancing and consolidating the private sector’s role in the development, growth and diversification of the national economy....
Saudi Materials Handling Expo opens as investors seek innovative solutions to remain competitive
Source : Saudi Gazette  
Date : 2016-11-29
The Middle East's dedicated trade show for intralogistics, warehousing, supply chain management, freight and cargo got off to a new start in Jeddah on Monday, as major manufacturers, industry experts...
SIAL to welcome record visitors
Source : Khaleej Times  
Date : 2016-11-29
SIAL Middle East is set to welcome a record number of visitors as more than 900 visitors signed up to showcase innovative products at the exhibition....
Taxes on expats may cause 'brain drain'
Source : Khaleej Times  
Date : 2016-11-29
Imposing tax on expatriates' remittances and incomes, the possibility of which is currently under study in some GCC countries, will lead to negative consequences, including "brain drain" among expatriates who...
DQG launches UAE Innovation Award
Source : Khaleej Times  
Date : 2016-11-29
UAE, Marking the Innovation Week 2016, under the patronage of Shaikh Ahmed bin Saeed Al Maktoum, President of Dubai Civil Aviation Authority, Chairman of Dubai Airports, Chairman and Chief Executive...
Express Money partners with ADCB
Source : Gulf Today  
Date : 2016-11-29
Xpress Money has partnered with ADCB to offer international remittance services to ADCB customers through the bank's existing mobile banking app....
Dubai Customs' new platform to save Dhs68 million annually
Source : Gulf Today  
Date : 2016-11-29
The newly established Smart Workplace Platform, the latest innovative initiative that comes as part of Dubai Customs' efforts will assist companies in the country to save Dhs68 million annually....
India's self-created money mess-up
Source : Gulf Today  
Date : 2016-11-29
The fact that tens of thousands of people spontaneously joined nationwide protests against the demonetisation of high-denomination currency notes by the Modi government is an unambiguous indication that the cash...
IHAF explores collaboration in maintaining Halal assessment standards
Source : Gulf Today  
Date : 2016-11-29
Signalling a new milestone in the global Halal industry, the International Halal Accreditation Forum (IHAF) convened for its first General Assembly meeting in Dubai. This set in motion the official...
Rotana to manage and operate Cayan Cantara Project in Dubai
Source : Gulf Today  
Date : 2016-11-29
Cayan Group, the leading property developer in the Middle East announced on Monday at a joint press conference held in Dubai, the appointment of Rotana Hotel Management as the hotel...
Smaller apartments on high demand in Dubai
Source : Gulf Today  
Date : 2016-11-29
Smaller residential units are selling faster than the larger family homes, according to the latest sales trend witnessed by the major developers as well as the industry observers. Smaller units...
Sharjah eyes 200,000 Chinese visitors
Source : Gulf Today  
Date : 2016-11-29
The Sharjah Commerce and Tourism Development Authority (SCTDA) is preparing to welcome as many as 200,000 Chinese visitors to the emirate by 2021....
Banking stocks pull down Muscat bourse
Source : Times of Oman  
Date : 2016-11-29
Weakness in banking stocks pulled down the MSM30 Index, which closed at 5,486.22 points, down by 0.60 per cent. The MSM Sharia Index declined by 0.06 per cent to end...
Oman Oil opens 5 new filling stations to meet demand
Source : Times of Oman  
Date : 2016-11-29
Oman Oil Marketing Company (omanoil) has opened five new filling stations in Al Misfah, Ad Duqm, Al Dreiz, Maqniyat and Nfoon to meet the growing demand of customers, on the...
Small enterprises still face hurdles in getting funds
Source : Times of Oman  
Date : 2016-11-29
Small and medium enterprises are still facing hurdles on several fronts, including funds, since the directives for helping these units are not implemented in the right manner, said a senior...
Total 775 Results in 39 Pages
For more news, views and reports about this topic, please subscribe
to GRC website: www.grc.net
Sun Dec 4, 2016| 04-ربيع أول-1438هـ
Kuwait's opposition 'needs unity' after poll comeback
Mohammed bin Zayed, Sisi discuss ways of deepening ties
Oil price gains from Opec production cut deal seen supporting Gulf markets
Syria operation against terror groups only: Erdogan
Presidential aide hails Iran-Russia agreement on oil market
UN envoy meets Yemen President Hadi in new move to end conflict
Saudi stock market hits highest close for 2016
Iranians face terror charges for filming Israeli Embassy
Trip down prosperity lane: A look back at the UAE's road to success
Austria to bolster ties with Qatar
Joint efforts by Saudi Arabia and UAE helped stabilize region
Zangeneh hails OPEC's crucial decision
Arab League chief urges end to Israeli occupation
Kingdom, OIC express support for Palestinians
Collaboration is key to Paris climate deal
Oil producing countries will fare better with a deal
At 45, the UAE deserves a global round of applause
A day for celebration, appreciation and reflection
NBK Report on oil markets
GCC Banking Sector Quarterly - 2Q16
    GCC Press Agencies
Day's main stories from the GCC Press Agencies
    GRC Analysis
The Benefits of NATO-GCC Strategic Ties
The GCC and the EU's New Global Strategy
For the GCC States, a different Europe to deal with
    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
Domestic Ramifications of the JCPOA for Iran
    GRC Newsletters/Bulletins

Enter your email to get the Newsletter
A Note on Syrian Refugees in the Gulf: Attempting to Assess Data and Policies
Privacy Policy | Contact Us | Terms & Conditions | About Us |
Weather | Qibla Directions | Hijri Date Conversion Tool
Full Page :total time:0  |   08-- 08 Middle Page :0  --   | Right : 08 - 08--en--sess-enreq-en-coming