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Saudi’s missing pilgrims cause firms to go bust

As Saudi Arabia restricts the annual Hajj pilgrimage to only 1,000 people – down from 2 million – we look at the companies who are now without income, as their usual source of earning is wiped out this year due to coronavirus-related limits in the Kingdom. Many tour operators in Pakistan now have zero income, whilst farms in Kenya are overrun with excess cattle due to a lack of Saudi orders to feed its annual influx of devout Muslims. We speak with economists and financiers in the Kingdom to find out how they are going to plug the multibillion dollar hole in their budget this year. The Â鶹ԼÅÄ’s Faarea Masud reports.

(Image: A few worshippers at the Kaaba, Islam's holiest shrine, at the Grand Mosque complex in Saudi Arabia's holy city of Mecca. Photo by STR / AFP) (Photo by STR/AFP via Getty Images)

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8 minutes