Saudi Contractor Defaults on $2 Billion of Debt
Laborers work on the upper level of a tower block under construction in Dhahran, Saudi Arabia. (Photographer: Simon Dawson/Bloomberg)

Saudi Contractor Defaults on $2 Billion of Debt

(Bloomberg) -- One of Saudi Arabia’s major contractors defaulted on almost $2 billion after a falling out among its owners and delays in payments from the government, according to people with knowl...
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