Saudi Binladin group offices, Dubai, United Arab Emirates.
Company type
Private conglomerate, holding company
Industry
Construction
Founded
1931; 93 years ago (1931)
Founder
Muhammad bin Laden
Headquarters
Jeddah
,
Saudi Arabia
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.sbgom.com
Saudi Binladen Group (SBG; Arabic: مجموعة بن لادن السعوديةMaǧmūʿat 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.
^ abKalin, Stephen (19 March 2019). "Exclusive: Saudi Arabia curbs family influence in Binladin group shake-up". Reuters.
^Fattah, Zainab (2 August 2011). "Alwaleed Hires Saudi Binladin to Build World's Tallest Tower". Bloomberg Business.
^Cite error: The named reference reuters was invoked but never defined (see the help page).
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