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Prosecutors bring charges over Saudi mosque crane disasterSuspects including engineers and two government employees will face trial in Saudi Arabia over the deaths of 107 people when a crane toppled over at Makkah's Grand Mosque last year, a local newspaper that reflects government thinking reporte More… |
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Binladin's construction unit plans IPO by JuneSaudi Arabia's Construction Products Holding (CPC), part of the Saudi Binladin Group, is planning an initial public offering (IPO) within months, possibly paving the way for more listings by family-controlled Saudi companies. More… |
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Binladin completes $267m sukuk saleSaudi Binladin Group, one of the largest construction firms in the kingdom, has completed a SR1 billion ($266.7 million) Islamic bond sale, two bankers familiar with the matter said. The transaction, structured as a sukuk al-murab More… |
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Binladin completes $267m sukuk saleSaudi Binladin Group, one of the largest construction firms in the kingdom, has completed a SR1 billion ($266.7 million) Islamic bond sale, two bankers familiar with the matter said. The transaction, structured as a sukuk al-murab More… |
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Saudi to build new aviation academySaudi Arabia is set to break ground on its’own flight academy, the Saudi Aviation Flight Academy (Safa) at the Thumamah Airport near Riyadh next week. The construction work at the academy, being developed in co-operation with Sau More… |
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Binladin Group readies $266m for Makkah hotelConstruction conglomerate Saudi Binladin Group has raised SR1 billion ($266.7 million) through an Islamic bond to finance a hotel, the lead arranger said on Wednesday. The sukuk, arranged by HSBC Saudi Arabia, has a five-year maturity with More… |
