Saudi Binladin Group (SBG) is a multinational construction conglomerate and is headquartered in Jeddah, Saudi Arabia. Saudi Binladin Group recently signed a US$1.23 billion contract to construct the tallest building in the world, Jeddah Tower in Jeddah and US$3.4 billion to construct Doha Metro in Doha.
The history of Binladin begins in 1931 During the Kingdom’s early years, under the reign of King Abdul Aziz Al Saud, my late father , Mohammed Binladin founded the Mohammad Binladin Organization as a general contracting company. Binladin’s history and growth intertwined with that of the kingdom’s ever since. As Saudia Arabia prospered, developed and became active on the international front, Binladin evolved simultaneously. Under the leadership of my late brother, Salem M. Binladin, the company’s activities expanded from road works and constructions to diversified activities with numerous offshoots worldwide. To prepare for an ambitious and more active international role, the Saudi Binladin Group (SBG) was set up to incorporate various Binladin companies under a single association.
The bin Laden group is represented in most Saudi cities — Riyadh, Dammam — and in a number of capital cities in the region (Beirut, Cairo, Amman, Dubai). According to a synopsis by the PBS news program Frontline:
in Egypt the SBG is headed to goby Omar bin Laden as Chairman, Khaled bin Laden as CEO, Tarek Helmy as General Manager, and represents that country's largest foreign-owned private equity group, with over 40,000 employees.
in Lebanon the SBG, represented by Yehia bin Laden, has been holding negotiations with the local authorities for a $50 million share in the project to rebuild the Beirut Central District within the framework of the Solidere Project and in conjunction with the al Baraka Group and the bin Mahfouz Group.
in London the SBG set up a representative firm called Binexport in November 1990.
On 20 December 2005, the government of Saudi Arabia awarded a consortium of Saudi and Emirati companies, including the Saudi Binladin Group, a $26.6 billion contract to build King Abdullah Economic City.
The Group is constructing Abraj Al Bait Towers in Mecca and has been contracted by Kingdom Holding Company to build the Jeddah Tower.
On 11 September 2015, while doing construction work in the Grand Mosque in Mecca, Saudi Arabia, one of the Group's cranes collapsed due to high winds causing 118 deaths and almost 400 injuries. As a result, the Saudi king banned the firm from taking new projects while having its current projects reviewed. The Saudi government removed the ban on the Binladin Group in May 2016, allowing them to bid on new projects.
Saudi Arabia Projects:
Royal Terminal, Jeddah
King Abdulaziz International Airport, New Haj Terminal, Jeddah
Al Faisaliyah Center
Um Alqura University, Makkah
Lotus Compounds, Jeddah
Alameera Noura University
Abraj Al Bait Towers, Makkah
Jeddah Tower, Jeddah
King Abdullah Economic City
Saudi Arabia National Guard Housing Project
Blaise Diagne International Airport, Senegal
Kuala Lumpur International Airport, Malaysia
Sharjah International Airport Expansion & Development, UAE
University of Sharjah, UAE
Where is Saudi Binladin Group