Cement companies" sales in Q1 2015 reached 16.56 million tons, up by 10.3% from the same quarter last year, and cement companies" sales growth in 2015 is expected to increase by at least 7.1% from 2014.
A report by Al Jazeera Capital expects the housing sector to expand due to the expected decline in land prices in the medium term for individuals and some developers, with the introduction of white land fees, an important factor that will increase cement consumption: 13.0pt; font-family: 'Arial","sans-serif"; color: #333333;">.
It is worth noting that the domestic construction sector consumes about 54% of the domestic cement supply, which is positive for the cement sector through the current government initiatives in meeting the housing shortage, and the rising number of pilgrims in both Mecca and Medina will lead to the establishment of hotels and other hospitality sectors.








