Saudi binladin

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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

Branch in Dubai

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

  1. ^ The Most Wanted Man in the World. In: Time Magazine .
  2. A Word by Engineer Bakr Bin Mohammed Binladin sbg.com.sa
  3. Many-headed hydra. In: Der Spiegel , September 24, 2001, accessed on May 2, 2011.
  4. 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 .;