Saudi Oger owes staff, partners SR3bn; Frenchmen sue company in Paris

Saudi Oger owes staff, partners SR3bn; Frenchmen sue company in Paris
The entrance of an office of construction firm Saudi Oger in Riyadh is shown in this August 3, 2016, file photo. Saudi Oger is said to owe its employees and business partners some SR3 billion. (REUTERS/Faisal Al Nasser)
Updated 09 August 2016

Saudi Oger owes staff, partners SR3bn; Frenchmen sue company in Paris

Saudi Oger owes staff, partners SR3bn; Frenchmen sue company in Paris

JEDDAH: Saudi Oger: the company in a huge financial crisis — owes its employees salaries amounting to $800 million (SR3 billion), in addition to dues owed to contractors and exporters, and money to be repaid for loans from local and international banks. This has been revealed by the French and international media.
French employees at the company who have not been paid for nine months have filed suits against the company in French courts. A French lawyer is representing the 200 French employees working as engineers and managers of the company's projects in Jeddah, Riyadh, and Dammam.
Negotiations between the lawyer and the company reportedly have failed to lead to a resolution so far. Employees are demanding full payment of due salaries and compensation. Else, they will resign.
Saudi Oger, which is suffering tremendous losses, offered to pay dues for five and a half months only, but the lawyer rejected the offer.
Meanwhile, the French Embassy in Riyadh has been giving financial aid to the French employees to help them meet their expenses, including their children’s school fees until the issue is resolved.
French Foreign Minister Jean Marc Ayrault, who visited Lebanon on Monday, said the French government is communicating with officials in the Kingdom and at the company to resolve the issue.
He thanked Saudi authorities for their efforts and assistance to the French citizens.


Saudi Arabia to reopen its embassy in Doha, says Saudi FM

Saudi Arabia to reopen its embassy in Doha, says Saudi FM
Updated 16 January 2021

Saudi Arabia to reopen its embassy in Doha, says Saudi FM

Saudi Arabia to reopen its embassy in Doha, says Saudi FM
  • The Saudi minister repeated the need to reach a comprehensive solution to the Palestinian conflict
  • The Jordanian minister condemned the Houthi militia’s attempts to attack Saudi Arabia

DUBAI: Saudi Arabia will open its embassy in Doha within days, after completing the necessary procedures, Saudi Foreign Minister Prince Faisal bin Farhan said in a joint press conference on Saturday with his Jordanian counterpart Ayman Safadi in Riyadh.
His comments follow the Crown Prince Mohammed bin Salman signing of the Jan. 5 Al Ula agreement, which saw the reopening of the borders between Qatar and Saudi Arabia..
The Saudi minister repeated the need to reach a comprehensive solution to the Palestinian conflict.
From his side, Safadi said the relationship with Saudi Arabia was historical and strategic, adding that Jordan appreciated the Kingdom’s continued support to the country in facing economic challenges.
The minister also condemned the Houthi militia’s attempts to attack Saudi Arabia, and he said he rejected Iran's interference in the region’s affairs.
He added that Jordan agreed with Saudi Arabia in promoting joint action to face current challenges.
“We are working to develop our relationship with the GCC on the security, political and economic levels,” Jordanian Foreign Minister Safadi said.
He added that peace was an Arab strategic choice, and said that Jordan looked forward to working with the new US administration.