Saudi Binladin Group
Multinational construction conglomerate / From Wikipedia, the free encyclopedia
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Saudi Binladen Group (SBG; Arabic: مجموعة بن لادن السعودية Maǧmūʿat Bin Lādin al-Saʿūdiyyah), known as Binladen Group Global Holding Company since 2019,[1] is a multinational construction conglomerate headquartered in Jeddah, Saudi Arabia. In 2011, the Saudi Binladen Group signed a US$1.23 billion contractual agreement to construct the tallest building in the world, Jeddah Tower in Jeddah. They are also party to a US$3.4 billion agreement to construct the Doha Metro located in Doha.[2] The conglomerate comprises an estimated 537 companies.[3] The group's founder was Mohammed bin Awad bin Laden, the father of Osama bin Laden.
Quick Facts Company type, Industry ...
Company type | Private conglomerate, holding company |
---|---|
Industry | Construction |
Founded | 1931; 93 years ago (1931) |
Founder | Muhammad bin Laden |
Headquarters | , |
Key people | Muhannad Al-Azzawi,Talal Faris Abdelwahed,Nedal Faris, Talal Nedal, Chairmans |
Owner | Istidama Holding (36.22%) Bin Laden family (63.78% through the Binladin Company for Development and Commercial Investment)[1] |
Website | www |
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