Building rents and daily food expenses increased in Saudi Arabia

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Saudi Arabia: Saudi Arabia has released a decision that is a setback for expatriates. Building rents soar in Saudi Arabia. It is estimated that residential building rents have increased by up to 20 percent. The increase has been recorded when checking the figures till July. Figures released by the General Authority for Statistics indicate that there has been a huge increase in building rents.

Building rents and daily food expenses increased in Saudi Arabia

The highest increase has been recorded for apartments. There is an increase of 21.1 percent. Residential buildings other than apartments have an increase of 10.3 percent. At the same time, there has been a huge increase in the prices of daily-use items. An increase of 1.4 percent was recorded for food items. There has also been an increase in the prices of restaurants and hotels. There is an increase of 2.9 percent. Meanwhile, a 1.8 percent price hike was recorded for study materials. An increase of 1.4 percent was also recorded for recreational sports products. This has been informed in the report of the authority.

A project to plant 5 crore mangroves on the shores of the Red Sea is in progress

Many projects are being implemented in Saudi as part of Saudi Vision 2030. A project to plant 5 crore mangroves on the shores of the Red Sea is in progress. Mangroves play a major role in protecting the environment and protecting coastal ecosystems. Mangrove plantations are part of a green Saudi initiative to create a carbon-free environment. Scientific planting of mangroves is currently underway. The mangrove seedlings are maintained in a specially prepared nursery for about eight months until they reach a height of 80 cm.

The growth of seedlings will be checked by experts. Care will be provided for it. Red mangroves and gray mangroves have been decided to be preserved in the country. Once the seedlings reach the appropriate height, they are transplanted to the desired location. Mangrove gardens are good not only for the conservation of the Red Sea coastline but also for the ecosystem.