Holding in the kingdom’s largest construction firm increased as government seeks to stabilise a company crucial economic diversification plans
Binladin Group
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Binladin Group
Saudi Binladin Group said to seek financial advisors for debt restructuring
Sources have told Reuters the debt amounts to $20-$30bn
Binladin Group
Makkah crane crash retrial to begin on Wednesday
Makkah’s Summary Court ruled that none of the victims in the incident that involves construction giant Saudi Binladin Group will receive compensation from the company
Bakr Binladin
Binladin Group receives $2.9bn government loan – report
The government is expected to take a significant stake of 35 percent in the construction company
Binladin Group
Saudi awards first contracts for $500bn Neom city
Contracts to build palaces in huge new business zone
Binladin Group
Saudi builder denies gov’t takeover after chairman detained
Denial comes after International media reported the government had taken over the Saudi Binladin Group
Binladin Group
No compensation for victims of 2015 Makkah crane collapse
Saudi court said the incident was the result of natural causes with no human element involved
