King Abdullah Chair to monitor food prices

Updated 09 July 2012
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King Abdullah Chair to monitor food prices

To keep prices of essential food items at reasonable levels, the King Abdullah Chair for Food Security at the King Saud University in Riyadh will shortly start monitoring them, said its head Khalid Al-Ruwais.
“The chair has signed an agreement with the Food Security Committee at the Riyadh Chamber of Commerce and Industry to establish a center to monitor price fluctuations of strategic foods over the next 10 years,” Al-Ruwais said in a statement quoted by Al-Sharq daily yesterday. The center will start working by the end of August, after the month of Ramadan.
It will monitor the international markets for strategic commodities and also the prices at local markets.
Al-Ruwais said the world index of the Food and Agricultural Organization for strategic food items is falling. “The prices of items such as sugar, grains and meat must have fallen at most local market as well. But the opposite is happening in the Kingdom,” he said.
Private agents and distributors control the import of food commodities.
“Distributors and retailers are responsible for price hikes. The Ministry of Commerce and Industry and the Consumer Protection Society should double their efforts to check price manipulations, particularly before the arrival of Ramadan,” he said.
He attributed the rising prices in the Kingdom's markets — while prices are falling in the exporting countries — to the government’s lack of control on traders who manipulate prices.


US denies ‘final conclusion’ reached on Khashoggi case

Updated 18 November 2018
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US denies ‘final conclusion’ reached on Khashoggi case

  • A US newspaper published what it claimed were details of an intelligence report on the case
  • ‘The State Department will continue to seek all relevant facts’

JEDDAH: The US government denied on Saturday it had reached a final conclusion over the killing of Jamal Khashoggi after a US newspaper published what it claimed were details of an intelligence report on the case. 
“Recent reports indicating that the US government has made a final conclusion are inaccurate,” State Department spokeswoman Heather Nauert said.
“There remain numerous unanswered questions with respect to the murder of Mr. Khashoggi. The State Department will continue to seek all relevant facts,” she said.
“In the meantime, we will continue to consult Congress, and work with other nations to hold accountable those involved in the killing of Jamal Khashoggi.”

But President Donald Trump told reporters on Saturday that his administration would get “a very full report,” including who was responsible for Khashoggi’s death, on Monday or Tuesday.
The Washington Post published an article citing anonymous sources, who it says are close to the CIA which suggests the Crown Prince Mohammad bin Salman ordered the killing — something Saudi Arabia vehemently denies.
The Kingdom’s public prosecutor on Thursday released details of its investigation, saying the decision to kill the journalist was made by the head of a rogue mission during an attempt to repatriate him. The prosecutor is seeking the death penalty for five of the suspects. 
On Saturday, Donald Trump spoke with CIA Director Gina Haspel and Secretary of State Mike Pompeo from Air Force One, press secretary Sarah Huckabee Sanders said. 
Trump praised US relations with Saudi Arabia when he was asked about the case. Saudi Arabia is “a truly spectacular ally in terms of jobs and economic development,” the US president said.
Earlier, Saudi Arabia’s ambassador to the US Prince Khalid bin Salman, strongly denied the Washington Post story, and said he did not tell Khashoggi to go to Turkey, as the report claimed. 
“I never talked to him by phone and certainly never suggested he go to Turkey for any reason. I ask the US government to release any information regarding this claim,” Prince Khalid said
Khashoggi, a Saudi who lived in the United States, was a columnist for the Post.
He was killed on Oct. 2 at the Saudi Consulate in Istanbul after he went to get marriage documents.