Saudi food firm faces grilling over production dates

  • Share via facebook
  • Tweet this
  • Bookmark and Share
(Image for illustrative purposes)

(Image for illustrative purposes)

Saudi authorities have filed legal proceedings against the kingdom’s largest food producer for allegedly printing incorrect production dates.

The Saudi Ministry of Trade and Industry has filed three cases against National Agriculture Development Company (NADEC), the kingdom’s largest food producer, a ministry source told the Al-Eqtisadiah newspaper.

It is the third time the company has been warned by authorities and the latest cases relate to the placing of inaccurate production dates on dairy products and juices, the report said.

Around 100,000 bottles of produce were seized as part of the investigation.

The clampdown on produce comes as it was reported that Saudis are set to spend around SAR30bn (US$8bn) on consumer goods during Ramadan.

Salem Baajaja, professor of accountancy at Taif University, said residents normally spend about SAR15bn during Ramadan, but he predicted that this year it was set to double to SAR30bn by the end of the holy month, Arab News reported.

Related:

Market Performance

National Agricultural Development Company
46.5
-0.28 -0.6 (%)
Join the Discussion

Disclaimer:The view expressed here by our readers are not necessarily shared by Arabian Business, its employees, sponsors or its advertisers.

Please post responsibly. Commenter Rules

Posted by: Saudi Engineer

I've seen Almarai do the exact same thing too. And not just once, but several times with their dairy products.

Enter the words above: Enter the numbers you hear:

All comments are subject to approval before appearing

Further reading

Features & Analysis
The gentleman’s lounge

The gentleman’s lounge

The new GQ bar delivers a true sense of masculinity with its...

The new RNB stars

The new RNB stars

How Jason Myers, Gert Kopera and Christian Gradnitzer plan to...

Dubai's nightlife bubble: When is it going to burst?

Dubai's nightlife bubble: When is it going to burst?

A new breed of clubs and bars is sprouting in the city, but which...

12
Most Popular
Most Discussed