{"id":13970,"date":"2016-05-23T02:40:57","date_gmt":"2016-05-22T19:40:57","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/saudi-financial-crisis-could-leave-oil-at-25-as-contractors-face-being-paid-in-ious\/"},"modified":"2016-05-23T02:51:47","modified_gmt":"2016-05-22T19:51:47","slug":"saudi-financial-crisis-could-leave-oil-at-25-as-contractors-face-being-paid-in-ious","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/saudi-financial-crisis-could-leave-oil-at-25-as-contractors-face-being-paid-in-ious\/","title":{"rendered":"Saudi financial crisis 'could leave oil at $25\u2019 as contractors face being paid in IOUs"},"content":{"rendered":"


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\nSource : telegraph.co.uk
\nRead more…Saudi financial crisis ‘could leave oil at \u2019 as contractors face being paid in IOUs<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Source : telegraph.co.uk Read more…Saudi financial crisis ‘could leave oil at \u2019 as...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-13970","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-3Dk","jetpack-related-posts":[{"id":11822,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/saudi-binladin-says-dismissed-77000-expatriate-workers-received-full-compensation\/","url_meta":{"origin":13970,"position":0},"title":"Saudi Binladin says dismissed 77,000 expatriate workers received 'full compensation'","date":"May 2, 2016","format":false,"excerpt":"\r The Saudi Binladin Group said dismissed workers received \"full compensation,\" responding to local media reports that it fired thousands without pay. It described the job cuts as a routine measure amid a slowdown in the construction industry.\"Adjusting the size of our manpower is a normal routine, especially whenever projects\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122480,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-default-alarms-put-thousands-of-suppliers-jobs-and-economy-at-risk-as-developers-ious-balloon\/","url_meta":{"origin":13970,"position":1},"title":"Evergrande: default alarms put thousands of suppliers, jobs and economy at risk as developer\u2019s IOUs balloon","date":"October 9, 2021","format":false,"excerpt":"\r The third of a three-part series on China Evergrande Group takes a deep dive into how the property developer\u2019s debt crisis is affecting thousands of suppliers across the construction, furnishings and real estate services sectors and how the fallout of an Evergrande collapse could affect China\u2019s economy.In October 2019,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":39083,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/year-in-review-contractors-felt-the-pinch-as-saudi-arabia-prioritised-spending\/","url_meta":{"origin":13970,"position":2},"title":"Year in review: Contractors felt the pinch as Saudi Arabia prioritised spending","date":"December 27, 2016","format":false,"excerpt":"\r Major contractors in Saudi Arabia have suffered a terrible 2016, with the two biggest names of the sector - Saudi Binladin and Saudi Oger - being hit hardest by a government decision to halt payments to contractors on all but a handful of key projects.Saudi Binladin Group (SBG) either\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4277,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/saudi-arabian-builders-on-government-contracts-having-problems-paying-staff\/","url_meta":{"origin":13970,"position":3},"title":"Saudi Arabian builders on government contracts having problems paying staff","date":"February 10, 2016","format":false,"excerpt":"\r \r Some Saudi Arabian construction companies are struggling to pay their staff on time in a sign of growing pressure on the economy from low oil prices, which are causing the government to slow spending on building projects.In an unusual move this week, the Ministry of Labour issued a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":21476,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/saudi-arabia-construction-market-has-dropped-80-per-cent-says-al-khodari-chief\/","url_meta":{"origin":13970,"position":4},"title":"Saudi Arabia construction market has dropped 80 per cent, says Al Khodari chief","date":"July 31, 2016","format":false,"excerpt":"\r The chief executive of Saudi Arabia's only publicly traded builder has estimated that the construction market in the kingdom has shrunk by as much as 80 per cent.Fawwaz Al Khodari, the head of Al Khodari & Sons, also revealed the contractor has avoided bidding on some government projects because\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":422,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uae-construction-year-in-review-difficult-period-amid-oil-slump\/","url_meta":{"origin":13970,"position":5},"title":"UAE construction year in review: difficult period amid oil slump","date":"December 21, 2015","format":false,"excerpt":"\r \r If 2015 was greeted with a sense of cautious optimism by many contractors, the worsening conditions over the course of the year mean that 2016 is being awaited with much more trepidation. As 2015 draws to a close, the prolonged slump in oil prices has led to decisions\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/13970"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=13970"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/13970\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=13970"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=13970"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=13970"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}