Saudi Arabia foils attempt by 12 Israeli firms to penetrate local market
Saudi authorities claimed they have foiled attempts by Israeli firms to market their products in the Kingdom and from there to other Gulf states.
The Council of Saudi Chambers of Commerce and Industry (CSCCI) said the attempts were made by 12 Israeli companies to break the boycott. The council sent warning messages to local chambers of commerce and industry asking them to be cautious about dealing with suspicious firms, Arab News reported.
The companies listed were said to be active in the production of bullet proof jackets, paints, water purification equipment, electronics, telephones, old cars, reinforced doors, textiles, fuel and other goods.
Saudi authorities have blacklisted about 190 foreign companies, including Arab and Western firms, in the last 12 months for seeking to import Israeli goods into the Saudi market. The companies, including 72 from Jordan, and 70 from Cyprus, figured in the list after being accused by the authorities of importing and selling Israeli products in the Saudi market. The other companies were based in Egypt, 23, Turkey, 11, Germany, 6, the United States, 3, and the rest from Britain, Singapore, Taiwan, Poland and Portugal.
The Ministry of Commerce has also warned foreign companies against importing Israeli products into the Kingdom, either directly or through a third country. (menareport.com)