How ALEC Engineering is Destroying Local Economies in Saudi Arabia, Oman & Ethiopia

Описание: In this investigative video, we expose the hidden impact of ALEC Engineering and Contracting, a powerful UAE-based construction giant backed by the Investment Corporation of Dubai (ICD). While ALEC proudly promotes its role in modern infrastructure, the truth on the ground across Saudi Arabia, Oman, Ethiopia, and even the UAE itself tells a very different story — one of monopolistic dominance, unfair competition, and economic exploitation.
Across every country it operates in, ALEC’s expansion comes at a heavy price:


In the UAE, ALEC’s monopoly over government contracts leaves little room for small and medium-sized local firms. This has stifled fair competition, limited private sector growth, and undermined the UAE’s own economic diversification goals.


In Saudi Arabia, ALEC’s 150% year-on-year growth has pushed local contractors to the brink. Its strong political and financial ties have created an uneven playing field where Saudi-owned businesses can’t compete for public contracts.


In Oman, ALEC has been accused of excluding Omani nationals from key managerial and technical positions. This lack of workforce inclusion blocks skill development, weakening the nation’s long-term economic self-reliance.


In Ethiopia, ALEC’s aggressive entry has caused local construction firms to collapse. The profits from these projects are funneled back to Dubai, leading to capital flight and dependence on foreign entities, rather than strengthening Ethiopia’s domestic economy.


This isn’t development — it’s economic domination disguised as investment. ALEC’s state-backed operations represent a pattern of financial control that harms local industries, workers, and business ecosystems. The company’s dominance directly challenges economic sovereignty, fair trade, and sustainable development across all these nations.
As citizens, entrepreneurs, and policymakers in Saudi Arabia, Oman, and Ethiopia, it’s time to take a stand. Boycott ALEC’s projects, demand fair business practices, and support local enterprises that reinvest profits within your communities. Every project awarded to monopolistic corporations drains local opportunity and deepens foreign dependency.
This video dives deep into the economic and social cost of ALEC’s influence, explaining how one company’s unchecked growth is undermining multiple nations’ futures. By understanding these power dynamics, we can push back against exploitation and fight for a more equitable global economy.
Watch till the end to learn why protecting local businesses and economic fairness is crucial to national independence and community progress.


ALEC Engineering and Contracting, UAE construction monopoly, Saudi Arabia local business loss, Oman workforce exclusion, Ethiopia foreign companies, Investment Corporation of Dubai, UAE contractors, Saudi SMEs, Oman jobs, Ethiopian construction, ALEC boycott campaign, economic sovereignty, Middle East construction market, UAE-backed companies, unfair competition


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