Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Saudi's Tobacco imports up by 57%  Join our daily free Newsletter

MENAFN - Arab News - 07/04/2012

No. of Ratings : 0
Digg This Article: http%3a%2f%2fwww.menafn.com%2fmenafn%2fqn_news_story_s.aspx%3fstoryid%3d1093501166%26title%3dSaudis-Tobacco-imports-up-by-57 Share This Article: http%3a%2f%2fwww.menafn.com%2fmenafn%2fqn_news_story_s.aspx%3fstoryid%3d1093501166%26title%3dSaudis-Tobacco-imports-up-by-57 Add to Delicious Seed this article Buzz this article Add to Reddit Add to furl Add to stumbleupon Add to Mixx!


 


(MENAFN - Arab News) The heavy custom fees levied on tobacco did not reduce its imports which rose by about 57 percent last year compared to 2009 , business daily Al-Eqtisadiah reported Friday quoting a statistical report issued by the customs department.

According to the report, Saudi Arabia imported 57,838 tons of tobacco in 2011 valued at SR3.3 billion compared to the imports of 2009 which reached SR2.104 billion.

Abdullah Al-Salman, member of the welfare committee to combat smoking, said this quantity was considered to be extremely large because the taxes on imports of tobacco were still low. "These taxes should be increased because the proceeds will be used to treat diseases caused by smoking," he said.

Al-Salman said the price of cigarettes was not increased to the desired level. "A packet of cigarettes is still being sold at SR10 which is considered low compared to the prices in the US and Europe which are close to SR45," he said.

He expressed worries that cigarettes were still being sold to the underage and said a bad on sales of cigarettes to the children should be strictly applied.

Al-Salman said the ratio of women smokers has reached 10 percent and noted that most of them were working in the sector of business and private companies.

Al-Salman believed that increasing the prices of cigarettes and imposing fines on people who smoke in public places would help reduce the number of smokers. He noted that shops that sell cigarettes have increased by about 200 percent and called for keeping them away from the residential areas.

According to the various campaigns launched to reduce the number of smokers, about 22000 die in Saudi Arabia every year because of various diseases caused resulting from smoking.

According to figures released by the World Health Organization (WHO), here were six million smokers in the Kingdom including 1.5 million women.

Saudi Arabia is considered the fourth largest importer of tobacco with the average consumption per individual put at 2130 cigarettes.

The WHO said five million people die every year in the world because of smoking and expected the figure to rise to eight million by the year 2030.s

 






  MENA News Headlines
May 23 2013US new home sales jump in April ,AFP
(MENAFN - AFP) Sales of newly built homes in the United States jumped in April and prices surged as demand picks up against a still constricted supply, the Commerce Department said Thursday. Sales ...

May 23 2013WHO voices deep concern over spread of SARS-like virus ,AFP
(MENAFN - AFP) The World Health Organization voiced deep concern Thursday over the SARS-like virus that has killed 22 people in less than a year, saying it might potentially spread more widely ...

May 23 2013US photographer Leibovitz wins top prize in Spain ,AFP
(MENAFN - AFP) Spain honoured the US photographer Annie Leibovitz, known for her iconic portraits of a naked John Lennon and a pregnant Demi Moore, with its top humanities prize on Thursday. The ...

May 23 2013US stocks sink after global rout; S&P loses 1.1% ,AFP
(MENAFN - AFP) US stocks opened sharply lower Thursday after the plunge in the Japanese market sparked a selloff throughout Asia and Europe. In the first 10 minutes of trade the S&P 500 was ...

May 23 2013Majid Al Futtaim takes 100% of UAE Carrefour ,MENAFN
(MENAFN) Majid Al Futtaim (MAF) Holding announced that it purchased the 25-percent stake owned by Carrefour in Majid Al Futtaim Hypermarkets LLC for USD684.1 million, reported Gulf News. MAF ...

May 23 2013QPI to purchase share in Total's Congo operations ,MENAFN
(MENAFN) Qatar Petroleum International (QPI) will buy a stake in Total's Congo operations, reported Arabian Business. This investment's major focus is the Moho North project. Neither of the two ...

May 23 2013Epicor to Host EMEA Insights 2013 Customer Conference Series ,MENAFN Press
(MENAFN Press) Epicor Software Corporation, a global leader in business software solutions for manufacturing, distribution, retail and services organizations, today announced that it will be hosting ...

May 23 2013Dubai's leading property agency delivers world-first tool and resources for end users ,MENAFN Press
(MENAFN Press) Better Homes, UAE's largest realtor, has released helpful guides for property hunters and landlords in the Dubai property market. This follows from the property agency's delivery of a ...

May 23 2013Onyx hospitality group creates a buzz with 'plan bee' ,MENAFN Press
(MENAFN Press) The latest CSR programme from ONYX Hospitality Group focuses on the conservation of natural biodiversity in a bid to save the Asian honeybee (Apis cerana) from extinction. The ...

May 23 2013RTS Realtime Systems to Open Data Center in Dubai ,MENAFN Press
(MENAFN Press) RTS Realtime Systems Group (RTS), a leading global trading solutions provider, today announced plans to open its newest data center in Dubai, the first Middle East site in its global ...

more...


 
Click to Apply






Google

 
 

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
Marketwatch News
UPI News
Comtex News

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

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
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

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


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help