Cement News tagged under: Saudi Arabia

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Ministry steps in to curb escalating Saudi prices

12 January 2012, Published under Cement News

Saudi Arabia’s Ministry of Commerce and Industry has intervened to curb a significant rise in cement prices in the western region of the country, Al Eqtisadiah business daily reports. At least 14 people involved in the alleged price fixing have been arrested following raids conducted at the start of this year by ministry inspection teams. A total of 10 trucks were also seized during raids on cement sales outlets in Jeddah and other parts of the region which were carried out in cooperation...