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This picture was taken by وليد طوبار few days ago



The company has obtained principal approvals from creditors for the debt restructuring and hopes to reach a formal agreement with them by the end of June and a final agreement by September, Al Gwaiz told Al Arabiya.
Binladin has an integrated transformation program that includes budget structuring and changes to its business model with the aim of helping it cope with recent developments in the market, he said.
The regional construction sector has been hit hard by the weakening of oil prices since 2014 and the associated decline in the real estate sector which has plunged some of the industry’s biggest names into financial distress.
 
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