The 10 violators figuring on the list of penalized companies include seven companies in Jeddah and three in Dammam.
The Ministry of Commerce has been receiving complaints from farmers about unreasonable rises in the price of cattle feed.
It ordered all companies dealing with cattle feed not to hike their prices without justification and clearly write the prices on each bag. Its officials have been making field inspections regularly.
The punishment for each violator includes a SR50,000 fine and publicizing their punishment on a half page advertisement in three local newspapers at their expense, with at least one of the publications serving the region where the violation was committed. The violating establishment would also be forced to remain closed for 15 days.
The Jeddah-based companies that received punishments include Bahasan Commercial Establishment, Rolaco Industries and Trade Co., Al-Mustanir Commercial Establishment, Al-Muttahedah Cattlefeed Co., Saeed Ali Ghadran and Sons Co. Ltd., Al-Nimlah and Partners Co. and Abdullah Muhammad Salem Bahakeem.
The Dammam-based companies are Muhammad and Abdul Rahman Al-Saad Al-Bawardi Co., Al-Muttahedah Cattlefeed Co. and the Abdul Aziz and Saad Al-Muejil Cattle Feed Factory.
The companies will also be barred from importing barley over the next six months. The ministry will not grant subsidies to the shipments they imported before the date of their violations.
