Saudi binladin
Saudi binladin
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legal form | |
founding | 1931 |
Seat | Jeddah , Saudi Arabia |
management | Bakr bin Laden |
Number of employees | 217,000 |
Branch | Construction, real estate |
Website | Saudi Binladin Group |
Saudi Binladin Group ( SBG ; Arabic مجموعة بن لادن السعودية, DMG Maǧmūʿa b. Lādin as-saʿūdīya 'Saudi Bin Laden Group') is a Saudi Arabian construction and real estate company based in Jeddah .
It was founded in 1931 by Mohammed bin Awad bin Laden , the father of Osama bin Laden , as the Mohammad Binladin Organization. Muhammad bin Laden was a close friend of the Saudi Arabian King Abd al-Aziz ibn Saud and received orders from the Saudi royal family for major construction projects in Saudi Arabia.
Since the death of his brother Salim bin Laden in 1988 , the company has been run by Bakr bin Laden , a half-brother of Osama bin Laden.
Current major construction projects include the Abraj Al Bait Towers and al-Masjid al-Harām in Mecca and the Jeddah Tower in Jeddah . In a consortium, Saudi Binladin is building the King Abdullah Economic City on the Red Sea.
On May 2, 2016, the daily Al-Watan reported on planned mass layoffs at Saudi Binladin. 77,000 of 200,000 foreign workers and 12,000 of 17,000 Saudi employees are affected.
Web links
Individual evidence
- ^ The Most Wanted Man in the World. In: Time Magazine .
- ↑ A Word by Engineer Bakr Bin Mohammed Binladin sbg.com.sa
- ↑ Many-headed hydra. In: Der Spiegel , September 24, 2001, accessed on May 2, 2011.
- ↑ Press: Saudi binladin construction company wants to lay off almost 90,000 employees. (No longer available online.) In: FAZ.NET. May 2, 2016, archived from the original on May 2, 2016 .