No Result
View All Result
Monday, August 4, 2025
23 °c
Tripoli
24 ° Sat
24 ° Sun
  • Advertising
  • Contact
LibyaHerald
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
SUBSCRIBE
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
No Result
View All Result
LibyaHerald
No Result
View All Result
Home Business

Updated: Libya imports 312 k sheep and cows for Eid of Sacrifice

bySami Zaptia
August 10, 2019
Reading Time: 2 mins read
A A

By Sami Zaptia.

The Tripoli government has said that it has imported 317,107 rams and cows in time for the Eid of Sacrifice next Sunday (Photo: From archives by Sami Zaptia).

London, 10 August 2019:

The Faiez Serraj-led Libyan Presidency Council and Government of National Accord, has announced that it has imported a total of 312,878 sheep and 4,229 cows totalling 317, 107 animals up to 10 August.

Contrary to our earlier article stating that these figures only covered Western Libya and that Eastern Libya, under the nominal control of the Interim Government, had made its own import arrangements, the Serraj government has confirmed that these updated figures include the landings of livestock at Tripoli, Khoms, Misrata, Benghazi and Tobruk ports..

It will be recalled that the Tripoli Ministry of Economy had reported last year that Libya’s Farmers Union estimated that local production will only produce about 800,000 animals which would only meet about 50 percent of needs, and therefore, it expects to import about another 800,000 heads at a minimum weight of 45 kg each – at an estimated total cost of Euro 130 million.

RELATED POSTS

Attorney General detains some of the importers of 300 tons of sugar unfit for human consumption

Aldabaiba proposes new Road Map for holding elections, loans and land for youth and money for healthcare for war wounded

The animals will be made available for the Eid Al-Adha (sacrifice) feast holiday beginning Sunday. In Islam, the sacrifice of an animal is discretionary for those who can afford it. As is in the Old Testament, the sacrifice of a ram is to commemorate the prophet Abraham (Ibrahim) offering his son Isaac as a sacrifice, only for god to substitute at the last minute Isaac with a ram instead.

There has been public disquiet in Libya this year – which seems to happen every year – at the prices of sacrificial rams – which have to be of a certain age. The general high cost of living, including the black-market rate of hard currency, the late payment of state-sector salaries, as well as the bank cash withdrawal limits of about LD 1,000, have made it near impossible for many families to purchase a ram this year.

Indeed, many Libyans are calling for a boycott by buyers against what they see as exploitative animal stock traders. With appropriate home-bred sacrificial rams are ranging in price from LD 1,000 to LD 1,800 – this far exceeds the bank cash withdrawal limit of LD 1,000.

A local bank, Sahary bank, has gone so far as to offer an interest free loan payable over a year specifically for the purchase of the Eid sacrificial ram. This is a first such service to be offered by the Libyan banking sector.

It must be pointed out that whilst most Libyans prefer locally bred rams, which are the most expensive, the Libyan state has arranged for the import of foreign-bred rams which are traded at a lower price ranging from 20-30 percent.

 

https://www.libyaherald.com/2019/07/28/many-abandoning-eid-ram-sacrifice-due-to-cash-crisis-and-high-cost-of-living/

 

https://www.libyaherald.com/2019/07/23/sahary-bank-offers-loan-to-buy-eid-sacrifice/

 

https://www.libyaherald.com/2018/05/18/libya-to-introduce-online-booking-system-and-app-for-eid-rams-expects-to-import-800000-heads-at-euro-130-m/

 

 

Tags: cowsEid al-Adha feast of sacrificeEid rams sheepfeaturedimport

Related Posts

GNU to take oath at Benghazi HoR session and budget to be approved at Tripoli session: GNU
Business

Aldabaiba hails new instant salary payment system for controlling waste in the state-sector section of the budget

August 4, 2025
CBL receives results from meetings with international banks
Business

CBL to bring FX rate of dinar to less than LD 7 per US$: CBL Governor Issa

August 4, 2025
LAIP delegation visits Maputo, Mozambique to recover seized rice project
Business

LAIP to focus on several internal investment projects – to improve quality of life and local development

August 1, 2025
Tripoli Libyan government’s official tendering and procurement website ‘‘Attaat’’ is operational
Business

Tripoli Libyan government’s official tendering and procurement website ‘‘Attaat’’ is operational

August 1, 2025
CBL receives results from meetings with international banks
Business

CBL introduces the state sector Instant Salary Payment System

August 1, 2025
Libya and Shell discuss several areas of cooperation
Business

Minister of Oil and Gas discusses with Japanese Ambassador strengthening cooperation and attracting Japanese companies to Libya’s energy sector

July 31, 2025
Next Post
Tripoli government calls on ICC to investigate Murzuk killing of dozens of civilians attributed to Hafter’s forces

Tripoli government calls on ICC to investigate Murzuk killing of dozens of civilians attributed to Hafter's forces

Tripoli government agrees 4-point conditional Eid truce

ADVERTISEMENT

Top Stories

  • Tripoli Defence Minister Namroush takes steps to secure Tripoli after Bashagha alleged assassination attempt

    Tripoli Defence Ministry warns of unspecified precision air strikes against human smugglers and drug traffickers

    0 shares
    Share 0 Tweet 0
  • Khoms port discusses development with Turkish company Orbitel

    0 shares
    Share 0 Tweet 0
  • CBL grants licenses to 52 new FX bureaux – bringing total to 187

    0 shares
    Share 0 Tweet 0
  • Tripoli Health Ministry discusses with India enhancing health cooperation through training and activating existing agreements

    0 shares
    Share 0 Tweet 0
  • Minister of Oil and Gas discusses with Japanese Ambassador strengthening cooperation and attracting Japanese companies to Libya’s energy sector

    0 shares
    Share 0 Tweet 0
ADVERTISEMENT
LibyaHerald

The Libya Herald first appeared on 17 February 2012 – the first anniversary of the Libyan Revolution. Since then, it has become a favourite go-to source on news about Libya, for many in Libya and around the world, regularly attracting millions of hits.

Recent News

Aldabaiba hails new instant salary payment system for controlling waste in the state-sector section of the budget

CBL to bring FX rate of dinar to less than LD 7 per US$: CBL Governor Issa

Sitemap

  • Why subscribe?
  • Terms & Conditions
  • FAQs
  • Copyright & Intellectual Property Rights
  • Subscribe now

Newsletters

    Be the first to know latest important news & events directly to your inbox.

    Sending ...

    By signing up, I agree to our TOS and Privacy Policy.

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    Welcome Back!

    Login to your account below

    Forgotten Password? Sign Up

    Create New Account!

    Fill the forms below to register

    *By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
    All fields are required. Log In

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    No Result
    View All Result
    • Login
    • Sign Up
    • Libya
    • Business
    • Advertising
    • About us
    • BusinessEye Magazine
    • Letters
    • Features
    • Why subscribe?
    • FAQs
    • Contact

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.