The aggregate sales of 17 Saudi cement producers decreased by seven per cent to 4.8Mt in December 2021, from 5.2Mt in the same month last year, accord.
Tadawul All Share index closed at 11,685.66 points, dropping by 66.46 points or 0.57 percent compared to yesterday’s close. Here is a wrap of the latest market news The net profit of Saudi Industrial Services Company (SISCO) plummeted by 47.3 percent to SR58.7 million ($15.7 million) in this year’s first three quarters. This was partly caused by a 21.2 percent divestment in
RIYADH: The recently amended and implemented Saudi Building Code has slowed down the market, but experts and stakeholders see this downturn as a transitory period. Ali Al-Saif, CEO of Tabuk Cement Co., said the negative impact is temporary and once the sector overcomes teething issues, the new regulations will have a positive impact on the construction sector. Saudi Arabia’s