Saudi commerce ministry issued 89 steel, cement export licenses, says official

Saudi Arabia’s Ministry of Commerce and Investment has issued 56 steel export licenses and 33 cement export licenses, thus far, Al-Eqtisadiah newspaper reported, citing the ministry’s spokesman Abdulrahman Al-Hussaini.

Meanwhile, six export requests are still under study, he said, adding that the rise in export requests indicates the increasing demand for Saudi steel and cement exports.

The issued licenses met all regulatory requirements set by the ministries of commerce, finance, industry and environment, he added.