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Construction

SBG

Report: Saudi Binladin Group (SBG) to be Renamed and Resized after Rough Decade, Graft Allegations

A construction worker in Saudi Arabia speaks on his mobile phone at a construction site in Riyadh. Photo by Lucien Zeigler for SUSTG.
The one time leader in Saudi Arabia's construction market, Saudi Binladin Group, will be slimmed down and renamed, according to an exclusive Reuters report, which cited six sources familiar with the matter.

CONSTRUCTION SECTOR

Saudi Binladin Group Says Government Resumes Payment of Dues

A construction worker in Saudi Arabia speaks on his mobile phone at a construction site in Riyadh. Photo by Lucien Zeigler for SUSTG.
Saudi finance ministry has resumed payments to Saudi Binladin Group (SBG), the kingdom's biggest construction firm, for its work on government projects, according to a Reuters report which cited a local newspaper. The positive news for SBG and its employees comes at a critical time for the company.
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