Saudi Arabia suspended construction giant Saudi Binladin Group from new contracts on Tuesday following Friday's collapse of a crane in Mecca's Grand Mosque which killed 107 people, NBC News reports.
It also ordered the Finance Ministry to review existing projects by the firm, a titan of the Arab business world.
King Salman also ordered that the group's board members and senior executives be barred from travel abroad after an investigation into last week's incident showed the crane was not erected in accordance with the manufacturer's instructions.
The suspension, announced in a statement from the royal court, would remain in force until the investigation is complete and until all legal cases are settled, it said.
