Saudi dairy products to cost more from tomorrow

Popular dairy products imported from Saudi Arabia are set to cost more from tomorrow, it has emerged.

This follows a decision by the Saudi Cabinet to scrap 50 per cent subsidies on dairy companies, according to sources.

The affected products include milk, laban and yoghurt.

According to Bahrain Chamber of Commerce and Industry (BCCI) resources and food committee chairman Khalid Al Ameen the price rise was necessitated because of a 100pc increase in the cost of shipment, logistics, petrol and around a 130pc increase in the cost of raw materials coming from China.

“This decision will impact the local market as we depend a lot on Saudi dairy products since our local production is small,” he told the GDN.

Meanwhile, Mr Al Ameen denounced the recent increase in the price of Kenyan meat in Bahrain due to a decision by the Works, Municipalities Affairs and Urban Planning Ministry to ban its import.

He said that importers in Bahrain have raised their prices which is unacceptable.

However, he added that local production and other imported meats – from Somalia and other countries – are available in sufficient quantities in Bahrain.

 

Source: https://www.gdnonline.com/Details/965439/Saudi-dairy-products-to-cost-more-from-tomorrow

 

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