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FINANCIAL NEWS
Steps ordered to resolve Jeddah port crisis
20 Dec 2010
Abdullah Zainal, The Saudi Minister of Commerce and Industry, has issued orders for quick measure against the crisis of inordinate delays at the Jeddah Islamic Port, reported The Saudi Gazette.
Officials said that the problem originated from delays in issuance of laboratory reports of arriving shipments. Importers and traders suffered a loss of $24 million.
Ministry of Commerce said that more than 3,500 containers of winter clothes have not received approvals from laboratories and are waiting at the port. This might increase the prices of winter clothes.
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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