Mideast Stocks: Construction stocks rise in Saudi, other markets mixed | ZAWYA MENA Edition:
Saudi construction and cement stocks rose in early Sunday trading following a royal decree to reimburse rising expatriate fees that will help labour-intensive sectors.
Other markets were mixed in lacklustre trading.
The Saudi government is allocating 11.5 billion riyals ($3.1 billion) under a scheme to reimburse some of the companies who struggled to pay steadily increasing fees for expatriate work permits in 2017 and 2018 and waive the fee hikes for some who weren't able to pay, the labour minister said.
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