Price checks stepped up to protect consumers

April 13, 2012

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Madinah, April 13: The Ministry of Commerce and Industry has formulated a plan to check any rises in commodity prices and is closely monitoring the markets to end any monopoly of goods, Minister Tawfiq Al-Rabiah has said.


Al-Rabiah, who is also the chairman of the board of directors of the Saudi Industrial Property Authority (Modon), made the remarks following a tour of the industrial city in Madinah.


ring to ensure sufficient supply of goods so as to close the door for any price rise and to prevent monopoly of commodity trade," he said.


Al-Rabiah said the sufficient supplies of commodities in the market would keep prices low, prevent monopoly, and end unfair competition among traders.


"There is continuous cooperation between the ministry and the Customs Department as well as the Consumer Protection Society to keep prices at a reasonable level that will not harm either the merchant or the consumer," he said.


He said the top priority for the ministry was the protection of consumers and added that in case of manufacturing defects, the ministry would address the manufacturers about it.


Al-Rabiah said the industrial city in Madinah was a promising city that would attract industries and provide more jobs to Saudi nationals.


He said the ministry had a plan to expand the city and provide enough spaces for factories in collaboration with the Madinah municipality.


He said by the end of the year the basic infrastructure of the city would be completed, including the provision of enough quantities of water, sewage projects and others costing between SR80 million and SR90 million.


He described the city as one oft the fastest growing industrial cities in the Kingdom and said so far it had projects worth about SR170 million.


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News Network
April 14,2024

New Delhi, Apr 14: In response to the escalating tensions between Israel and Iran, ministry of external affairs (MEA) on Sunday issued a statement expressing serious concern over the potential threat to regional peace and security.

"We are seriously concerned at the escalation of hostilities between Israel and Iran which threatens the peace and security in the region," the MEA said in the statement.

The ministry called for an immediate de-escalation of the situation, emphasizing the importance of exercising restraint and refraining from further violence. 

Stressing the need for diplomacy to prevail, India urged both parties to step back from confrontation and seek peaceful resolutions to their differences.

"We call for immediate de-escalation, exercise of restraint, stepping back from violence and return to the path of diplomacy," the MEA said. 

India, closely monitoring the evolving situation, assured that its embassies in the region are actively engaging with the Indian community, providing support and assistance as needed.

"We are closely monitoring the evolving situation. Our Embassies in the region are in close touch with the Indian community," the MEA affirmed.

Highlighting the significance of maintaining security and stability in the region, India reiterated the importance of all parties involved prioritizing peaceful dialogue and cooperative measures. "It is vital that security and stability are maintained in the region," the MEA said.

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News Network
April 14,2024

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Tehran: Iran’s Islamic Revolution Guards Corps (IRGC) has launched “extensive” retaliatory missile and drone strikes against the occupied territories in response to the Israeli regime’s terrorist attack of April 1 against the Islamic Republic’s diplomatic premises in the Syrian capital Damascus.

The Corps announced launching the strikes in a statement on Saturday night, defining the mission as "Operation True Promise."

“In response to the Zionist regime’s numerous crimes, including the attack on the consular section of Iran’s Embassy in Damascus and the martyrdom of a number of our country’s commanders and military advisors in Syria, the IRGC’s Aerospace Division launched tens of missiles and drones against certain targets inside the occupied territories,” the statement read.

Iran's Defense Minister Brigadier General Mohammad Reza Ashtiani, meanwhile, warned that “Whatever country that could open its soil or airspace to Israel for a [potential] attack on Iran, will receive our decisive response.”

The Israeli attack had resulted in the martyrdom of Brigadier General Mohammad Reza Zahedi, a commander of the IRGC's Quds Force, his deputy, General Mohammad Hadi Haji Rahimi, and five of their accompanying officers.

The terrorist attack drew sharp condemnation from senior Iranian political and military leaders, who vowed "definitive revenge."

During a speech in Tehran on Wednesday after leading the Eid al-Fitr prayers, Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei said the Israeli regime “must be punished and will be punished” for the deadly strike on the Iranian diplomatic premises.

The Leader added, “The evil Zionist regime committed another mistake ...  and that was the attack on the Iranian consulate in Syria. The consulate and diplomatic missions in any country are considered to be the territory of that country. When they attack our consulate, it means they have attacked our soil."

In a subsequent statement, the IRGC said the retaliation came after 10 days of "silence and neglect" on the part of the international organizations, especially the United Nations Security Council, to condemn the Israeli aggression or punish the regime in line with Article 7 of the UN Charter.

Iran then resorted to the retaliatory strikes, the Corps added, "using its strategic intelligence capabilities, missiles, and drones" to attack "targets of the Zionist terrorist army in the occupied territories, successfully hitting and destroying them."

The statement, meanwhile, warned the United States -- the Israeli regime's biggest supporter -- that "any support or participation in harming Iran's interests will result in a decisive and regrettable response by the Armed Forces of the Islamic Republic."

"Furthermore, America is held responsible for the evil actions of the Zionist regime, and if this child-killing regime is not restrained in the region, it will bear the consequences," it noted.

The Corps concluded the statement by cautioning third countries against letting their soil or airspace be used for attacks against the Islamic Republic.

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News Network
April 9,2024

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More decomposed bodies have been found inside al-Shifa Hospital in Gaza, amid operations to recover bodies of the victims of one of the largest massacres committed by Israel against the Palestinians, Euro-Med Human Rights Monitor says.

The founder and chairman of the group Ramy Abdu said in a series of social media posts that “operations to discover bodies executed by the Israeli army at al-Shifa Hospital continue.”

He published a “shocking” video that showed rescue teams, civil defense, and forensic evidence finding more decomposed bodies.

“It seems we are witnessing one of the largest massacres committed by Israel against the Palestinian people in history.”

Abdu said the video confirmed the Geneva-based rights group’s report on field execution operations carried out by the Israeli forces during their recent attack on al-Shifa.

“Horror: Doctors, nurses, displaced persons, administrators at the hospital, children, women. This is what is revealed after the Israeli army's withdrawal from al-Shifa Hospital. Dozens of people were executed in the field,” he said.

According to his remarks, the Israeli army placed the bodies inside pits it had dug.

On March 18, Israeli forces started a new wave of attacks on Gaza’s main hospital, al-Shifa, and imposed a two-week siege on it. 

On April 1, the Gaza Health Ministry said Israeli forces withdrew tanks and vehicles from al-Shifa, adding that dozens of bodies, some of them decomposed, had been found at the complex after the Israeli pullout, which also left behind a vast swath of destruction.

Israel first raided the hospital in Gaza City last November.

Al-Shifa, Gaza’s largest hospital, has sheltered thousands of Palestinians who fled Israel’s invasion in the northern parts of the territory.

The Israeli military claimed that the Palestinian resistance movement Hamas is using the facility to “conduct and promote terrorist activity.” Hamas has repeatedly denied operating from Shifa and other health facilities.

The chief of the World Health Organization (WHO) has said al-Shifa is no longer functional because of months of Israeli siege and attacks on the facility.

Israel launched the war on Gaza on October 7 after the Palestinian resistance movement Hamas waged the surprise Operation Al-Aqsa Storm against the occupying entity in response to the Israeli regime’s intensified violence against Palestinians.

Since the start of the offensive, the Tel Aviv regime has killed 33,207 Palestinians and injured nearly 75,933 others.

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