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Labour shortages hurting KSA’s cement industry

Saudi-based NCB Capital has said the negative impact of labour shortages on the kingdom’s cement industry will remain in the short term, The National has reported. The investment firm cut its annual cement sales target for last year to 53 million tonnes from a previous estimate of 56 million tonnes. “We believe this slowdown will continue for the next few months and gradually improve as more legal workers arrive to the kingdom,” it said.