Saudi Arabia’s markets ready for annual surge in demand

The Ministry of Commerce recently sent inspection teams across Madinah, which conducted over 12,765 visits to commercial establishments and centers as part of its Hajj season operational plan to ensure pilgrims a safe shopping experience. (SPA)
The Ministry of Commerce recently sent inspection teams across Madinah, which conducted over 12,765 visits to commercial establishments and centers as part of its Hajj season operational plan to ensure pilgrims a safe shopping experience. (SPA)
Short Url
Updated 17 June 2024
Follow

Saudi Arabia’s markets ready for annual surge in demand

Saudi Arabia’s markets ready for annual surge in demand
  • Souvenirs and gifts for loved ones are a cherished homecoming tradition for pilgrims

JEDDAH: Every year, markets in Saudi Arabia witness increased footfall as Hajj pilgrims look for souvenirs and gifts to commemorate the journey of a lifetime.

The gold market, especially in Makkah, Madinah and Jeddah, thrives with its showcase of intricate designs, from traditional to contemporary styles, catering to diverse jewelry tastes.

Speaking to Arab News, Mohammed Akbar, a trader in Jeddah said: “During the Hajj season, we make it a point to showcase designs that cater to all nationalities. Pilgrims from diverse countries have a penchant for various types of gold.




The Ministry of Commerce recently sent inspection teams across Madinah, which conducted over 12,765 visits to commercial establishments and centers as part of its Hajj season operational plan to ensure pilgrims a safe shopping experience. (SPA)

“Buying gold is viewed as an investment, particularly by many Asian and African pilgrims, as they often find gold jewelry to be more affordable and of superior quality compared to what is available in their home countries. We expect an increase in gold sales this year.”

The rising price of gold has emerged as a significant trend, indicating the increasing demand and investment appeal of this valuable metal among pilgrims. As per traders, the rates for 21-carat gold are expected to range between SR250 ($66.6) to SR254 per gram, and SR267 per gram for 22-carat gold during the Hajj season.

HIGHLIGHTS

• Handcrafted goods, such as calligraphy art, prayer beads, and intricately designed prayer rugs, serve as tangible reminders of the sacred journey undertaken by pilgrims.

• Buying gold is viewed as an investment by some pilgrims, as they find Kingdom’s gold jewelry to be more affordable and of superior quality, says Jeddah trader.

Beyond gold purchases, the market for Hajj souvenirs includes an array of items with Islamic motifs. Handcrafted goods, such as calligraphy art, prayer beads, and intricately designed prayer rugs, serve as tangible reminders of the sacred journey undertaken by pilgrims. These souvenirs not only hold sentimental value but also serve as meaningful gifts to loved ones back home.




The Ministry of Commerce recently sent inspection teams across Madinah, which conducted over 12,765 visits to commercial establishments and centers as part of its Hajj season operational plan to ensure pilgrims a safe shopping experience. (SPA)

Mohammed Dossary, an Egyptian pilgrim attending Hajj with his family, said: “This is my second Hajj pilgrimage, but the first with my family. During my previous visit, I only brought simple gifts such as sweets, prayer mats, nuts and toys for the children. However, this time I have noticed a significant change — every shop now offers unique items with a wider range of options.

“Near my hotel, there is a perfume store that personalizes perfumes in 50ml bottles by engraving names on them. We purchased two dozen of these customized perfumes for our family members.”

Waleed Jabir from Oman expressed his surprise at the changes in the markets and price increases. “I am taken aback by the increase in prices across the board. Miswak, previously priced at two riyals, now cost SR15 due to their organic nature and the introduction of modern packaging with a reusable safe case,” he said.

Jabir added that the variety of toys available has also expanded, noting that he purchased Islamic quiz flash cards, board games, and a toy laptop that contains the entire Qur’an recorded on it.

Saleh Mohammed, who owns a shop near Al-Masjid an-Nabawi, said: “Every pilgrim desires distinctive souvenirs such as silverware, precious stones, intricately crafted jewelry, handwoven textiles, or dates. Selling just a single piece of silverware brings in a substantial amount.

“Additionally, engraving names on prayer mats is a service frequently requested by pilgrims. In a society where material goods can lose their significance, these souvenirs are often cherished as lasting memories.”

 


Saudi Arabia condemns Israeli military escalation targeting civilians in Gaza

Saudi Arabia condemns Israeli military escalation targeting civilians in Gaza
Updated 15 May 2025
Follow

Saudi Arabia condemns Israeli military escalation targeting civilians in Gaza

Saudi Arabia condemns Israeli military escalation targeting civilians in Gaza
  • Kingdom renewed its ‘categorical rejection of the continuation of the Israeli crimes of genocide’ in Gaza
  • It called for an immediate ceasefire, emphasized support for Palestinians and urged international accountability

RIYADH: The Saudi Ministry of Foreign Affairs condemned Israel’s targeting of a major Palestinian hospital and the escalation of military actions against civilians in the Gaza Strip on Thursday.

The Gaza European Hospital in the southern city of Khan Younis, the only remaining facility providing medical follow-up for cancer patients in the enclave, announced it was out of service on Thursday after Israeli attacks damaged its facilities. Several Palestinians died and were injured due to the Israeli attacks, while roads leading to the hospital were destroyed.

The ministry said the Kingdom renews its “categorical rejection of the continuation of the Israeli crimes of genocide” against Palestinian civilians in Gaza.

“(The) Kingdom holds the Israeli occupation forces fully responsible for their continued violation of all international and humanitarian norms and laws,” the statement added.

Saudi Arabia called for an immediate ceasefire in Gaza, emphasized support for Palestinians and urged global accountability to end violations of international law by Israel, according to the Saudi Press Agency.


Shoura Council speaker receives speaker of the Arab Parliament

Shoura Council speaker receives speaker of the Arab Parliament
Updated 15 May 2025
Follow

Shoura Council speaker receives speaker of the Arab Parliament

Shoura Council speaker receives speaker of the Arab Parliament

RIYADH: The speaker of the Saudi Shoura Council, Dr. Abdullah bin Mohammed Al-Asheikh, received his counterpart from the Arab Parliament, Mohammed Ahmed Al-Yamahi, during the 19th session of the Parliamentary Union of the Organization of Islamic Cooperation member states.

During the meeting in Jakarta, the two reviewed the importance of parliamentary diplomacy carried out through active participation in regional and international conferences and forums.

They also discussed strengthening the mechanisms of joint Arab parliamentary action to serve Arab issues, as well as other topics of common interest.


King Salman Arabic academy celebrates graduates

King Salman Arabic academy celebrates graduates
Updated 15 May 2025
Follow

King Salman Arabic academy celebrates graduates

King Salman Arabic academy celebrates graduates

RIYADH: The King Salman Global Academy for the Arabic Language held a ceremony in Riyadh recently to celebrate the graduation of the second group of non-native speakers from the Abjad Center.

A total of 168 male and female students were honored after fulfilling all the program’s requirements, the Saudi Press Agency reported.

Abdullah bin Saleh Al-Washmi, secretary-general of the academy, said the Abjad Center offers a learning experience designed to equip non-native speakers with strong and effective communication skills.

Al-Washmi added that the program reflects the refinement of the academy’s educational model, reinforcing its role as a leading scientific authority on the Arabic language.

The initiative amplifies the academy’s educational and cultural impact in line with the objectives of the nation’s Human Capability Development Program, he said.


Royal Commission for AlUla, Smithsonian collaboration

Royal Commission for AlUla, Smithsonian collaboration
Updated 15 May 2025
Follow

Royal Commission for AlUla, Smithsonian collaboration

Royal Commission for AlUla, Smithsonian collaboration
  • The agreement supports the commission’s vision to transform AlUla into a world-class heritage destination and economic hub

MADINAH: The Smithsonian’s National Museum of Asian Art, and the Royal Commission for AlUla have formalized a collaboration agreement to enhance cultural exchange and establish a framework to broaden global understanding of northern Arabia’s ancient civilizations and cultural legacy.

The agreement supports the commission’s vision to transform AlUla into a world-class heritage destination and economic hub. Rooted in mutual dedication to cultural preservation and celebration, the collaboration will unlock new research opportunities and deepen insights into ancient Kingdom artistry, with special focus on the Dadanite civilization.

Experts will conduct joint initiatives in art conservation, historic research, archaeological exploration, and scientific analysis. The institutions will collaborate on exhibitions and artifact exchanges, bringing cultural treasures to international audiences.

Professional development programs covering exhibition curation, research methodologies, narrative development, and museum operations will enhance expertise among staff at AlUla’s museums and the Smithsonian.


Saudi Arabia attends IAACA anti-corruption meeting

Saudi Arabia attends IAACA anti-corruption meeting
Updated 15 May 2025
Follow

Saudi Arabia attends IAACA anti-corruption meeting

Saudi Arabia attends IAACA anti-corruption meeting

RIYADH: The Kingdom, represented by the Oversight and Anti-Corruption Authority, also known as Nazaha, took part in the first meeting of the Executive Committee of the International Association of Anti-Corruption Authorities, held on Thursday via video conferencing.

Nazaha President Mazin bin Ibrahim Al-Kahmous expressed his thanks to the association’s president and Commissioner of the Independent Commission Against Corruption in Hong Kong, Danny Woo, for organizing the meeting and for the association’s efforts to promote international cooperation in combating corruption.

He added that the Kingdom, represented by Nazaha, has paid significant attention to strengthening international partnerships in the fields of combating corruption and protecting integrity, and these efforts have resulted in a number of tangible achievements.

Al-Kahmous said that the Kingdom believes in the pivotal role played by the association in solidifying the principles of transparency and facilitating the exchange of expertise, knowledge and experiences.