The decision of cement exporting prevention, loses the Saudi economy 20 billion riyals

3. February. 2010
Alriyadh Newspaper

As much Prince ''Abdul Rahman bin Abdullah al-Faisal, who was president of the Governing Council of Qassim cement company'' direct damage suffered to the Saudi economy since the entry into force of the decision of cement exporting prevention to abroad by about 20 billion riyals.

 This is the first time to reveal in which a Saudi official in the cement sector on the size of the actual losses incurred to the local economy as a result of the decision of the and Industry, which lead to ban the export of cement to abroad, the resolution, which also lead to wide controversy in the circles of Saudi Arabia cement companies & amounted to a disagreement with "Ministry of Trade" on the mechanism of its application and usefulness in light of the presence of large surpluses of stocks are more on the need for the domestic market.