Much of Oger's bank debt is held by Saudi banks, although Lebanese, Gulf and international banks are also exposed - mostly through a $1.03 billion loan that is due to mature in February.

Oger has long been one of Saudi Arabia’s top-two builders, a behemoth behind projects such as the 492-room Ritz-Carlton hotel in Riyadh, the sprawling campus of King Abdullah University of ...

According to a Vero spokesperson, the agreement was decided upon in December 2013, which would align with Ayman Hariri's language of disconnecting himself from Saudi Oger as of 2013.

DUBAI - Real Estate developer Oger Dubai, a subsidiary of Saudi Oger Limited, said on Saturday that it has received a termination notice from Daman Real Estate Capital Partners Ltd.

Saudi Oger has begun talks with potential buyers for its 20.93 percent stake in Arab Bank <ARBK.AM> in a deal that could raise about $1 billion for the embattled construction giant, sources aware ...