Company type | Private conglomerate, holding company |
---|---|
Industry | Construction |
Founded | 1931 |
Founder | Muhammad bin Ladin |
Headquarters | , |
Key people | Muhannad Al-Azzawi Chairman |
Owner | Istidama Holding (36.22%) Bin Laden family (63.78% through the Binladin Company for Development and Commercial Investment)[1] |
Website | www |
Saudi Binladin Group (SBG; Arabic: مجموعة بن لادن السعودية, romanized: Majmūʿat bin Lādin al-Suʿūdiyya), known as Binladin Group Global Holding Company since 2019,[1] is a multinational construction conglomerate headquartered in Jeddah, Saudi Arabia. In 2011, the Saudi Binladin 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 business magnate Muhammad bin Ladin.
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