Saudi Oger, a once-thriving construction company, is now facing a severe financial crisis. The company's financial woes began to surface in 2013.
The crisis deepened in 2015 when the Saudi government delayed payment of $1.2 billion to Oger for work done on a major government project. This delay severely impacted the company's cash flow.
Oger's financial struggles led to a significant reduction in its workforce, with over 50,000 employees losing their jobs.
Liquidation and Employees
Employees of Saudi Oger Ltd. who are going through the liquidation process can submit their claims against the company through the Ehqaq Platform.
To do so, you need to register on the platform as an individual with your personal information. Then, you can submit claims and manage them through your account.
You don't need to resubmit claims already submitted through Alinma Bank's branches, unless you're officially requested to do so.
After registering, you can view previous claims submitted by you and follow up on their status by logging into your personal account on the platform.
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If you're an agent's representative, you must submit a request to be accredited as a representative to review and follow up on previous requests.
The Ehqaq Platform supports Arabic and English, but claim form details and supporting documents must be in Arabic, as per Article 23 and Paragraph 1 of the Sharia Facilities System and its executive regulations.
If you encounter technical problems, you can contact the IT support team via email at [email protected].
About the Company
Saudi Oger is a leading construction company in the Kingdom of Saudi Arabia and the region. It was founded in 1978 and has grown into a multi-company, multi-divisional organization with subsidiaries and affiliates in the Kingdom and abroad.
The company employs a workforce of 5,001-10,000 employees, who are divided into various business lines, including construction, facilities management, real estate development, printing, telecommunication, utilities, and IT services. They cover every aspect of their business lines with high-caliber skilled staff.
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Saudi Oger's line of business is diverse, covering construction, facilities management, real estate development, printing, telecommunication, utilities, and IT services. They offer a comprehensive range of construction services, including residential, commercial, and industrial projects.
Their construction services include project management, design and build, civil engineering, and infrastructure development. This ensures high-quality construction that meets the specific needs of clients across various sectors.
Saudi Oger's facilities management services focus on preventive maintenance, efficient resource management, and adherence to international standards. They use advanced technology and best practices to optimize building operations, enhance safety, and improve the overall experience for occupants.
Here are some of the services offered by Saudi Oger:
- Construction services: residential, commercial, and industrial projects
- Facilities management: preventive maintenance, resource management, and international standards
- Real estate development: site selection, project planning, construction management, and marketing strategies
- Telecommunication services: network design and implementation, system integration, and ongoing support
- Utilities and IT services: water and wastewater management, power generation, and IT infrastructure solutions
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