Saudi Binladin Group (SBG) has requested a second extension on a SR817 million ($217.9 million) Islamic loan being used to fund construction at the kingdom's Grand Mosque, sources aware of the matter said.
The talks to delay t
A unit of Saudi Binladin Group (SBG) plans to buy a 50 per cent stake in an Italian company authorised to extract one third of the marble from the hills above the Tuscan town of Carrara in a deal worth about $60 million, reports said.
Law firms Clifford Chance and Al-Jadaan & Partners acted as the legal adviser on the Saudi Binladin Group’s (SBG) financing for the King Abdulaziz International Airport.
BNP Paribas Investment Company Saudi Arabia and GI
Saudi Binladin Group, one of the largest construction firms in the kingdom, is meeting investors over a potential local currency Islamic bond sale, two banking sources aware of the deal said on Monday.
Private contractor Saudi Binladin Group (SBG) is planning to invest $500 million in a housing project in Turkey, the Turkish Star newspaper reported on Wednesday.
Analysts have suggested that increasing flows
The Saudi Binladin Group (SBG) has won a contract from the Saudi Railways Organization (SRO) for construction work on the Haramain High Speed Rail Project.
Under the contract, SBG will design and build passenger stations in Makkah and Mad
Saudi property developer Emaar Economic City said on Monday it has cancelled a 1.4 billion riyals ($373.3 million) contract which it awarded to Saudi Binladin Group (SBG) due to a drop in costs.
The firm, spearheading the development of Ki
Emaar, The Economic City (Emaar EC), the company developing King Abdullah Economic City (KAEC), has awarded a SR239 million contract to Saudi Binladin Group.
The contract is for the construction of the North-South Coastal Road within KAEC.
Lead arrangers Gulf International Bank (GIB), Arab Bank, Calyon Credit Agricole CIB and Emirates Bank International (Riyadh Branch) have arranged an SR3.2 billion ($854.5 million) Islamic contracting facility for the Saudi Binladin Group (SBG).
The Tyres, Batteries and Allied Products Division (TEA) of the Saud Bahwan Group (SBG) has received The Yokohama Excellence Award.
The award is in recognition of the group’s outstanding efforts in propelling Yokohama to a dominant position