News

Livestock prices rise in the UAE

09/12/2008

The price of livestock doubled in the United Arab Emirates (UAE) prior to the Muslim festival Eid ul Adha. Traders attributed the dramatic to higher transportation charges, feed prices and other expenditures.

Animals from Iran, Africa, Syrian, Somalia and Pakistan have flooded the UAE market. However, according to reports, an Iranian sheep that would have cost Dh400 ($109) two weeks ago now costs up to Dh1,000. The price of African cows has also doubled from Dh3,000 to Dh6,000.

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