Shortage of euros, pounds
Officials in banking establishments and local exchange houses said there was a shortage of euros and pounds before Eid, according to a report in local daily Al Arab.
Due to this, most travellers had to opt for the US dollar, they pointed out.
During a tour of bank branches and money exchange firms by the daily, officials pointed to the difficulty faced in transferring money to some Arab countries. The officials said large amounts were transferred to India.
They stressed that the volume of financial transfers grew by around 17% as compared to the previous month.
Meanwhile, the general manager of Al Jazeera Exchange said the currencies with the highest demand for transfer transactions were the dollar, Egyptian pound, Indian rupee, Saudi riyal, UAE dirham, Bangladeshi taka and Sri Lankan rupee, the report stated.
Long queues of people sending money home for Eid al-Fitr were seen at all leading exchange outlets in the country in the last week of Ramadan.
35,000 Australian sheep imported
Widam Food has received 35,000 head of Australian sheep, local daily Al Sharq reported yesterday.
Abdulrahman Hamad Sraiya al-Kaabi, board member of Widam, said that the company has provided different types of meat to cope with the demand for Eid. These include Arab varieties of sheep, particularly Jordanian and Syrian.
In addition, Widam has imported meat from Pakistan and Sudan to help stabilise prices in the local market.
He stressed that the company enjoyed good relations with different suppliers and was confident that it would be able to provide continued supply and meet any potential demand for meat products.
Meanwhile, he said slaughterhouses of the company across the country would work to their full capacity to help meet people’s demands in a hassle-free manner and without unnecessary delays.
