Australia may be famous for many things — its movie stars such as Hugh Jackman, Nicole Kidman and pop icon Kylie Minogue but its greatest export is a culinary one — the quality of its delicious halal meat.
With around 16 percent of Australia’s beef exports to the Middle East and North African region destined to the Kingdom and a surge in demand for high-quality grain-fed beef and wagyu, it seems Saudi Arabia does not get enough of this premium product.
The Kingdom is also the largest destination for Australian mutton in the region, accounting for 27 percent of shipments.
Tarek Ibrahim, celebrity chef and star of Fatafeat TV, says: “As one of the world’s greatest food-producing nations, Australia deserves and enjoys a reputation for excellence so it comes as no surprise that Australia produces some of the world’s greatest meat.”
Tarek Ibrahim adds: “When talking about meat, for me it has to be Australian. It’s the only country in the world where I truly trust the halal and food safety systems. It’s utterly delicious and a dream to cook with for anyone from a top executive chef to the home cook.”
Ibrahim said: “Australians are renowned for their ‘barbies’ and what better way to celebrate Australia Day than to relax with family and friends over a delicious barbecue. Surf between flavors and textures; for example, if you like steak that has a light and gentle flavor choose grain-fed beef and for a deeper flavor go for the grass-fed selection.”
He added: “The hand test can give you a good sense of how hot the grill or barbecue plate is. Hold your outstretched palm about 6cm from the heat. If you can only hold it above the heat for around a second it means it’s too hot. If you can hold your hand above the heat for three-four seconds it’s at a moderately high temperature, which is perfect for barbecuing. Any longer, say eight seconds, then the heat is too low. The barbecue should be hot enough to sizzle the meat as it makes contact with the plate or grill.”
Halal meat is Australia’s greatest export
Halal meat is Australia’s greatest export
Closing Bell: Saudi Arabia’s main index closes in red at 10,364
RIYADH: Saudi Arabia’s Tadawul All Share Index closed lower on Sunday, shedding 185.05 points, or 1.75 percent, to end the session at 10,364.03.
Total trading turnover on the benchmark index stood at SR2.55 billion ($680 million), with 20 stocks advancing and 237 declining.
The Kingdom’s parallel market Nomu also retreated, falling 0.63 percent, or 147.19 points, to close at 23,371.82.
The MSCI Tadawul Index slipped 1.71 percent to 1,369.56.
Saudi Industrial Export Co. was the top gainer on the main market, with its share price jumping 9.87 percent to SR2.56.
Shares of Naqi Water Co. rose 2.53 percent to SR58.80, while Shatirah House Restaurant Co. advanced 2.18 percent to SR9.39.
On the downside, Gulf Union Alahlia Cooperative Insurance Co. posted the steepest decline, with its share price falling 4.61 percent to SR10.14.
On the announcements front, Scientific & Medical Equipment House Co. said it had been awarded a contract valued at SR260.98 million by the Ministry of Human Resources and Social Development to supply uncooked food materials and catering items to beneficiaries at the ministry’s residential branches across the Kingdom.
The project scope also includes providing cooked meals to selected anti-begging offices over a 24-month period, according to a Tadawul statement. The company added that the financial impact of the contract will begin in the fourth quarter of this year.
It said further developments would be disclosed in due course after all relevant parties sign the final contract and a copy is received.
Shares of Scientific & Medical Equipment House Co. edged up 0.31 percent to SR32.44.
Separately, Dr. Soliman Abdel Kader Fakeeh Hospital Co. and its subsidiaries signed an agreement with Oloof Development Co., a wholly owned subsidiary of Jazan Municipality, to lease a strategic land plot in Jazan City for SR217.99 million.
According to a Tadawul statement, the land, which spans 34,581 sq. meters, will be used to develop an integrated healthcare facility under a 50-year lease.
The company said the financial impact of the agreement is expected to begin once the medical facility is completed and becomes operational.
Shares of Dr. Soliman Abdel Kader Fakeeh Hospital Co. fell 1.92 percent to SR33.74.
