Saudi Food Traders Set To Meet SAR20B Demand In Ramadan-Report
Zawya Dow Jones News
Saturday, Jul 31, 2010


BEIRUT (Zawya Dow Jones)--Food traders in Saudi Arabia have completed their preparations to meet a substantial demand for their products in the holy month of Ramadan estimated at 20 billion Saudi riyals ($5.33 billion) or 20% of the full-year local food market valued at SAR100 billion, pan-Arab Al Hayat daily reports Saturday citing a trader.

Demand triples in Ramadan compared with other months, Abdullah Al Othaim, chairman of the supermarket chains owner Abdullah Al Othaim Markets Co. said according to the paper, adding that huge quantities of food products are available on the market.

Newspaper website: http://ksa.daralhayat.com/ksaarticle/167804

-By Beirut Bureau, Zawya Dow Jones; +961-1-985 757; BeirutZDJ@zawya.com

Copyright (c) 2010 Dow Jones & Co.

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31-07-10 0659GMT

News Link: http://www.zawya.com/Story.cfm/sidZW20100731000011/Saudi%20Food%20Traders