Oil-Hit Saudi Companies Delay Salary Payments

Oil-Hit Saudi Companies Delay Salary Payments

Certain Saudi Arabian construction companies have delayed salary payments as projects dry up in the oil-hit country.

According to Reuters, the Kingdom’s Ministry of Labour confirmed earlier this week that workers at a “major institution” had lodged complaints about non-payments.

The ministry said it verified these complaints and implemented corrective action, but did not reveal further details.

A source told the news wire that the firm is a part of Saudi’s construction sector, and several other companies in the industry are facing a similar problem. SourceOil-Hit Saudi Companies Delay Salary Payments