Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Saudi Madinah firewood markets flourish as cold snap bites  Join our daily free Newsletter

MENAFN - Arab News - 06/01/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Arab News) The onset of winter in the Kingdom witnesses a flourishing firewood and coal trade given the low temperatures although its volume varies in different parts of the country.

Prices of firewood in coastal cities are much lower compared to the mountainous and arid regions. In Madinah for example, where there is a significant drop in temperatures, firewood and coal are in high demand with wood being most popular, particularly Qhardh and Samr, which are considered to be of the finest quality. "These types of wood come from an arid environment and therefore the logs are solid and strong which indicates quality," said Fawwaz Al-Harbi, a trader.

A firewood and coal trader Muawad Al-Muzaini said that this quality of wood is pricier than others because of its ability to retain heat longer.
"Demand is higher in the early winter season which is called the Al-Marbaniya season, the traditional name for this time of the year. The demand for wood brings along with it the sales of appliances including coal holders, coal tongs and other related items," he said.
Al-Muzaini said that he receives coal and wood in large unseemly blocks which have to be cleaned before they can be used. His workers chop them into smaller pieces and clean them before displaying them to customers.

Humaidan Al-Harbi, a customer said he buys traditional coal because his parents prefer it to heat their homes, adding that he thought the prices were reasonable. "What was being sold at SR80 before is now selling at a little less than SR120."

Although the government is moving toward limiting the sales of locally produced wood to preserve the environment, people continue to prefer this quality of firewood to the imported variety from neighboring countries.

 


Arab News




  MENA News Headlines
 Jun 2 2015 - HE FM Assistant Meets UN Official, Discuss Libyan DevelopmentsQatar News Agency
(MENAFN - QNA) HE Foreign Minister's Assistant for International Cooperation Affairs Sheikh Mohammed bin Abdulrahman bin Jassim Al-Thani met Tuesday with Special Representative of the UN ...

 Jun 2 2015 - HE Minister of Environment Attends Seminar on Genetic ResourcesQatar News Agency
(MENAFN - QNA) The Agricultural Research Department hosted Tuesday a seminar on the access to genetic resources and its benefit. The seminar is to celebrate the World Environment day and was held at ...

 Jun 2 2015 - HE Minister of Justice Leaves for ThailandQatar News Agency
(MENAFN - QNA) HE Minister of Justice Dr. Hassan bin Lahdan Saqr Al Muhannadi and his accompanying delegation left Doha for Thailand to participate in the two-day Conference of the Asian Society of ...

 Jun 2 2015 - HE Minister of State for Defense Affairs Meets Turkey's Deputy Minister of National DefenseQatar News Agency
(MENAFN - QNA) HE Minister of State for Defense Affairs Major-General Hamad bin Ali Al Attiyah met here Tuesday with Turkey's Deputy Minister of National Defense Hassan Kamal Yar Deja and his ...

 Jun 2 2015 - Qatar - HE Minister of Justice Leaves for ThailandQatar News Agency
(MENAFN - QNA) HE Minister of Justice Dr. Hassan bin Lahdan Saqr Al Muhannadi and his accompanying delegation left Doha for Thailand to participate in the two-day Conference of the Asian Society of ...

 Jun 2 2015 - Serbian Minister Meets Qatari AmbassadorQatar News Agency
(MENAFN - QNA) Serbia's Minister of Public Administration and Local Self-Government Kori Udovicki has met with HE Qatar's Ambassador in Belgrade Sheikh Mubarak bin Fahad Al-Thani. Discussions ...

 Jun 2 2015 - Saudi GDP to grow 3.5 percent in 2015MENAFN
(MENAFN) Saudi Arabia's Gross Domestic Product (GDP) is set to record 3.5 percent growth this year, remaining unmoved from 2014, according to the International Monetary Fund, Reuters reported.As the ...

 Jun 2 2015 - UAE spends USD14.3b over Etihad AirwaysMENAFN
(MENAFN) The government of the United Arab Emirates has spent over USD14.3 billion in Etihad Airways, USD9.1 billion was granted through equity financing and USD5.2b through loans, Arabian Business ...

 Jun 2 2015 - Famous international brands to capitalise their investments in EgyptDaily News Egypt
(MENAFN - Daily News Egypt) Ten years ago, no one would have imagined buying high-end products right from the heart of Cairo. However, nowadays, average local malls display impressive line of ...

 Jun 2 2015 - Egypt- Online platform to connect NGOs with private sector profitsDaily News Egypt
(MENAFN - Daily News Egypt) In the words of 23-year-old Khaled Yousry regarding his project: "I just want to make this country a better place for people to live in."Talking about the main reason he ...

more...


 






Google

Click to Apply

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help