Saudi economy posts 2.7% growth in 1Q 2025    Saudi Arabia to rehabilitate six hospitals in Sudan    Saudi Awwal Bank launches a world class Innovation Centre to provide financial services    New Parkinson's Pump therapy introduced at King's College Hospital London in Dubai First-of-its-kind treatment offers a new lease on life for the youngest Parkinson's patient in the UAE and MENA region    Makkah Mayoralty approves 3,149 Hajj housing permits for over 1.8 million pilgrims    Tesla dismisses report of board plan to replace Elon Musk    Over 650,000 visit Saudi Arabia's 'Jusoor' exhibition in Jakarta in just six days    King Charles sends heartfelt message to fellow cancer patients    A defiant China looks beyond Trump's America 'We don't care'    Pakistan army chief's Kashmir remarks cause anger in India    Trump tells business chiefs he needs 'little bit of time' as US economy shrinks    FlyAkeed unveils AkeedAI at ATM Dubai — redefining the future of corporate travel with agentic intelligence    Russia launches deadly drone attack on Odesa, governor says    Al Nassr crash out as Kawasaki Frontale reach AFC Champions League Elite final    HR Ministry approves regulations for job ads and interviews in private sector    Saudi Transplant Congress discusses scientific advancements and innovations on organ donation and transplantation    Al Ahli stun Al Hilal to reach AFC Champions League Elite final    SR200,000 reward for each player of the Saudi club winning AFC Champions League title    William and Kate celebrate anniversary on Isle of Mull    Duran leads Al Nassr past Yokohama Marinos into AFC Champions League Elite semi-finals    Pakistani star's Bollywood return excites fans and riles far right    Veteran Bollywood actor Manoj Kumar dies at 87    Bollywood actress vindicated over boyfriend's death after media hounding    Grand Mufti rules against posting prayers and preaching in mosques on social media    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Expats dominate potato and onion trade in Qassim region
Published in The Saudi Gazette on 06 - 05 - 2012

Farming and trade of potatoes and onions has become a lucrative business for some expats in the Al-Qassim region. They dominate the trade of these goods in Buraida's main fruit and vegetable market, primarily because of the reluctance of Saudis to engage in this business, according to a report in a local Arabic daily.
Sultan Al-Thunayyan, member of the agricultural committee in Al-Qassim region, said that foreign workers cash in on the situation of this thriving business. They are attracted to this venture as the cost of cultivation of potatoes and onions is much lower because there is no need of water to irrigate these products, he said.
The Asian workers stock huge quantity of onions and potatoes during the harvest season for later sale at a higher price, or transport them to other regions where they expect massive profits because of short supply. These workers collectively fix the prices and make it difficult for customers to get these products at cheaper rates elsewhere.
Al-Thunayyan stressed that Saudis should take over this sector so as to end the monopoly and price gouging by foreign nationals.
“Saudi businessmen and companies should enter in the farming and trade of these goods and put an end to the practice of foreigners selling huge profits by controlling the market. For this, we should cancel agreements with foreigners to purchase these products from them,” he said while urging Saudi agricultural companies to harvest these products and put a stop to the monopoly.


Clic here to read the story from its source.