Saudi Binladin Group

Saudi Binladin Group
مجموعة بن لادن السعودية
Company typePrivate conglomerate, holding company
IndustryConstruction
Founded1931 (1931)
FounderMuhammad bin Ladin
Headquarters,
Key people
Muhannad Al-Azzawi Chairman
OwnerIstidama Holding (36.22%)
Bin Laden family (63.78% through the Binladin Company for Development and Commercial Investment)
Websitewww.sbg.com.sa

Saudi Binladin Group (SBG; Arabic: مجموعة بن لادن السعودية, romanized: Majmūʿat bin Lādin al-Suʿūdiyya), known as Binladin Group Global Holding Company since 2019, is a multinational construction conglomerate headquartered in Jeddah, Saudi Arabia. In 2011, the Saudi Binladin Group signed a US$1.23 billion contractual agreement to construct the tallest building in the world, Jeddah Tower in Jeddah. They are also party to a US$3.4 billion agreement to construct the Doha Metro located in Doha. The conglomerate comprises an estimated 537 companies. The group's founder was business magnate Muhammad bin Ladin. Muhammad bin Laden is the father of Osama bin Laden, who was most known for planning the September 11 attacks.