Thursday, 5 May 2016

The Binladen Group’s turmoil—A mirror of Saudi Arabia’s? (Brookings)

The Middle East's largest construction firm, the Saudi Binladen Group, is in trouble. With the Saudi economy depressed due to low oil prices, the Binladen Group is laying off tens of thousands of workers. The company is also the scapegoat for a construction accident last year in Mecca.

http://www.brookings.edu/blogs/markaz/posts/2016/05/04-binladen-group-saudi-arabia-riedel

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