Why Saudis are Not Empowered in the Global MBC Group: Insights from Chairman Walid Al Ibrahim

2023-07-05 06:06:01

Al-Marsad Newspaper: Businessman and Chairman of the Board of Directors of the MBC Group, Walid Al Ibrahim, revealed the reason why the Saudis were not empowered in the group.

international company

Al-Ibrahim said, during a recorded interview on Radio “Eight”, that the Saudis are not included in the “MBC” group because it is a global company, as it is present in all Arab countries without exception and in Europe, America, Australia, South America and Asia.

Employment of Egyptians

He explained that “MBC” is available in Arabic, English and French, noting: Your presence in the place will affect the way you are employed, and for example if the company is located in Egypt, the rate of employment of Egyptians will be high.

percentage of Saudis

And he continued: “MBC” if it is in Dubai, we will see who is the cheapest, most appropriate and most efficient, indicating: Our presence in Saudi Arabia has no doubt that the percentage of Saudis will be much higher, especially in new projects because they are all destined for young ages.

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