Mubasher TV
Contact Us Advertising   العربية

Binladin briefs insurer about Makkah crane disaster

Binladin briefs insurer about Makkah crane disaster
.
UCA
8190
15.38% 10.20 1.36

Riyadh-Mubasher: United Cooperative Assurance said it received on 13 September a report from Saudi Binladin Group about the recent Makkah crane disaster.   

Saudi King Salman has ordered a travel ban on Binladin officials over the collapse of a construction crane at Mecca’s Grand Mosque, which killed more than 100 people.  

The Saudi monarch also ordered suspending the contracting group from taking new projects.

The insurance firm appointed loss estimators to evaluate the accident damages.

The relevant impact will reflect on the company's financial results for the fourth quarter of 2015 when the estimators complete the reports.