Troubled Saudi organisation lays off Quran printers
PHOTO: screengrab
RIYADH: Woes deepened on Wednesday for employees of uneasy organisation Saudi Oger that laid off some-more than 1,300 staff during a duplicate plant for a Quran, a journal reported.
The once-mighty organisation led by Lebanon’s billionaire former primary apportion Saad Hariri has been strike by a dump in income from a core construction business after Saudi Arabia behind or cancelled projects in a face of plummeting oil revenues.
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Other construction companies, that are contingent on state contracts, have also suffered since of behind supervision receipts.
But sources progressing told AFP that a broader mercantile context is compounded during Saudi Oger by deeper problems including bad management.
The Saudi Gazette pronounced a agreement staff during a King Fahad Quran Printing Complex in a Muslim holy city of Medina perceived stop notices on Tuesday.
It pronounced it performed a duplicate of a notice grouping workers “to finish a finish of use procedures” as their contracts had been consummated on Sep 3.
They are a latest among tens of thousands of employees of Saudi Oger to humour from a firm’s financial troubles.
More than 30,000 Saudi Oger Ltd construction workers, mostly from India, Pakistan and a Philippines, have left delinquent for adult to 9 months.
The Saudi Gazette pronounced a duplicate plant staff had also left months but compensate or allowances.
Last month, King Salman announced a $27 million assistance devise for delinquent construction workers. It helps them with food, medical needs, a outing home, exit visas or, if they want, send to another employer in Saudi Arabia.
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On a website, Saudi Oger says it was a primary executive in a construction of a Medina duplicate plant and afterwards became concerned in a operation and maintenance.
The Saudi Gazette pronounced a supervision had begun a tendering routine to find a new operator.
Article source: http://tribune.com.pk/story/1190283/troubled-saudi-firm-lays-off-quran-printers/