Saudi Oger
 | |
| Company type | Private |
|---|---|
| Founded | 1978 |
| Headquarters | 24°41′6″N 46°43′3″E / 24.68500°N 46.71750°E, , |
Key people | Saad Hariri (Chairman) Ayman Hariri (Deputy CEO and deputy chairman) |
| Website | http://www.saudioger.com |
Saudi Oger Ltd (Arabic: سعودي أوجيه), is a Saudi construction company, incorporated in January 1978[1] with its headquarters in Riyadh. The initial paid up capital of SR 1 million (US$ 267,000) was subsequently increased to the present level of SR 750 million (US$ 200 million). Saudi Oger is a private company, wholly owned by the Rafik Hariri family. [2]
Business lines
The Oger Telecommunications subsidiary provides fixed-line and mobile communication, and Internet services in Turkey, Saudi Arabia, Lebanon, Jordan, and South Africa.[3] In 2008, Saudi Telecom Company (STC), acquired Oger Telecom for $2.56 billion with a 35 percent stake in the company.[4]
References
- ^ "Saudi Oger Ltd.: Private Company Information". Businessweek. Retrieved 29 August 2012.
- ^ "Profile & Executives - Saudi Oger Ltd". Bloomberg. Retrieved 20 September 2012.
- ^ "Oger Telecom Limited: Private Company Information". Businessweek. Retrieved 3 October 2012.
- ^ "Saudi Telecom says finalizes $2.6 bln Oger deal". Reuters. Retrieved 23 October 2012.
$2.56 billion) to buy 35 percent
External links
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