Thursday 3 September 2015
 
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Binladin

Clifford Chance advises on SBG's sukuk re-financing

Leading law firm Clifford Chance advised on Saudi Binladin Group’s (SBG) sukuk re-financing of one of the phases of the on-going construction and development of the King Abdulaziz International Airport in Jeddah, Saudi Arabia.

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Clifford Chance advises on SBG's sukuk re-financing

Leading law firm Clifford Chance advised on Saudi Binladin Group’s (SBG) sukuk re-financing of one of the phases of the on-going construction and development of the King Abdulaziz International Airport in Jeddah, Saudi Arabia.

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Saudi Binladin plans up to $265m sukuk

Saudi Binladin Group (SBG) has begun marketing a 364-day sukuk issue to local investors in the kingdom which could raise up to SR1 billion ($265 million) for the construction firm, sources aware of the matter said on Thursday. The

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Damac awards Riyadh project to Binladin unit

Dubai-based real estate developer Damac Properties has awarded the main construction contract in its Riyadh project Damac Esclusiva Luxury Serviced Apartments to Haramain Gate for Construction, a subsidiary of Binladin group. The

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Maybank, GIB arrange $2.27bn for Binladin

The investment banking arm of Malayan Banking and Bahrain's Gulf International Bank have arranged an 8.5 billion Saudi riyal ($2.27 billion) Islamic financing facility for Saudi Binladin Group Limited, the Malaysian bank said on Thursday.

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Saudi CPC picks banks for IPO

Construction Products Holding Company (CPC), Saudi Arabia's largest manufacturer of building materials and a unit of Binladin Group, has mandated two banks to manage its initial public offering, sources said on Wednesday. GIB Capital

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Binladin Group wins $7bn Jeddah airport deal

Saudi industrial conglomerate Binladin Group has won two contracts worth 27 billion riyal ($7.2 billion) to revamp King Abdulaziz International Airport in the Red Sea port city of Jeddah, the state news agency reported. The contracts were

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Saudi Emaar cancels $373m Binladin contract

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

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Saudi investors eye Tanzanian farmland

Saudi investors have asked Tanzania if they can lease 500,000 hectares of farmland mainly for rice and wheat farming as part of a plan to secure food supplies for the desert kingdom, officials said. Senior officials from the Saudi capital&

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Binladin Group to raise $500m for Makkah project

Saudi Arabia's Binladin Group is raising a $500 million Islamic loan to fund a $6 billion real estate project, a report said. Binladin group is developing the Abraj Al-Bayt project near the Grand Mosque in Makkah. The pro

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