RIYADH: Saudi Arabia’s Ministry of Commerce issued 10 licenses to export cement in the first seven months of 2022, Al-Eqtisadiah reported. The new licenses come as construction activity begins to recover following the postponement of many projects during the coronavirus disease pandemic. A surge in construction activities due to The Red Sea Development Co., AMAALA and other
RIYADH: A surge in construction activities due to the Red Sea and other development projects in Saudi Arabia is expected to drive the recovery of the cement industry after the demand dwindled last year on account of the pandemic. “The industry will be positively affected by renewed construction in the north, with the Red Sea Project, and residential developments. The effect