Traders use holy month to clear stock

Updated 12 July 2013
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Traders use holy month to clear stock

Economists say the authorities need to introduce stringent controls to root out greedy traders selling goods at high prices, or past their expiry date during Ramadan.
They say these traders target illiterate and poor people with their unscrupulous business activities, particularly at small markets across the city.
Abdul Rahman Al-Atta, an economist, said some traders use Ramadan to sell canned and other items stockpiled during other months of the year.
These goods are sold at markets where there are few price and other controls.
He said traders come up with new and inventive ways every year to cheat customers and evade the law.
Abdul Rahman Bashen, president of Al-Shouroq Economic Studies in Jazan, said more action is needed to ensure quality products are sold at reasonable prices at local markets.
He said some traders would not hesitate to sell goods past their expiry date, at low prices. These people are adept at getting away from the authorities.
Bashen said merchants are now using social networking sites to sell their goods during Ramadan. A recent study showed there is a 30 percent increase in the use of these sites in the Middle East during Ramadan.
The report also showed that consumption during Ramadan was the highest of all other months in nine Middle East countries.
According to reports, spending goes up 20 percent during the month of fasting. Businesses know this and launch many of their advertising campaigns during the month.
Economist Adel Halim agreed that some food companies try to exploit Ramadan to sell their goods. He said economic activity continues in Ramadan despite a perception that there is a slowdown at this time of the year.
He said many studies show that Ramadan can have an important positive impact on the brain, thought processes and the human body.


Saudi Arabia's KSRelief distributes assistance to Syrian refugees in Lebanon

KSRelief distributed assistance to Syrian refugees. (SPA/file)
Updated 21 April 2018
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Saudi Arabia's KSRelief distributes assistance to Syrian refugees in Lebanon

  • KSRelief seeks to ensure that the living conditions of Syrian refugees are in accordance with international specifications
  • The center also distributed 3,500 cartons of dates in the villages of Izzala Al-Jumah in Yemen

JEDDAH: The King Salman Humanitarian Aid and Relief Center (KSRelief) distributed humanitarian aid including birth kits, personal bags and baby blankets to Syrian female refugees staying in Osman Hospital and Central Hospital in Kattermaya, Kharoub province of Lebanon on Friday.

This distribution is within the framework of the assistance provided by the center for displaced Syrians and refugees in neighboring countries. 

KSRelief seeks to ensure that the living conditions of Syrian refugees are in accordance with international specifications through various relief programs. 

Earlier, winter blankets, jackets, jumpers, hats and other items were distributed to meet the basic needs of refugee families.

The center also distributed 3,500 cartons of dates in the villages of Izzala Al-Jumah in Al-Mukha directorate in Taiz governorate, benefiting 21,000 people.

In addition, 36 trucks with 469,483 kg of relief, shelter and medicines crossed Al-Wadiaa border on Thursday evening as part of the KSRelief plan to help Yemenis.

Of this total, 26 trucks with 500 food baskets, weighing 375 tons, in addition to 43,173 kg of shelter items, will be heading to Maareb province, and ten trucks carrying 42,221 kg of shelter items and 9.89 tons of medications will go to Aden.

On Thursday, the Bahraini Royal Charity Foundation and the Khalifa bin Zayed Foundation for Humanitarian Affairs signed an MoU for the establishment of the Bahrain Health Center in Aden, Yemen, at a cost of $2 million, in the presence of Ahmed bin Ali Al-Bayez, assistant general supervisor of operations and programs at KSRelief, and a number of officials. SPA, Jeddah