The crisis-ridden Saudi market is making a comeback after Kovid. All major projects that were previously stalled have been partially resumed. Many of the companies that had previously cut salaries began to pay in full. Saudi Arabia has also prepared a new economic plan to overcome the crisis ahead. .
The government had allowed companies to cut salaries to overcome the crisis in the business sector. But as the market woke up, many began to move towards full pay. With the cancellation of international flights, the flow of expatriates has stopped. This has affected sales in businesses. This can also be overcome if air service is resumed. The picture will be clear after the Hajj
The Red Sea, Khiddiya and Niyom projects, which were earlier halted, are slowly being resumed. Indians make up a good portion of those working on these projects. With the increase in VAT, the financial crisis will be overcome. It is also reported that plans are afoot to activate the market in the coming months
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