Report: Saudi Government, SBG in Talks for State Takeover of Troubled Construction Giant

A construction worker in Saudi Arabia speaks on his mobile phone at a construction site in Riyadh. Photo by Lucien Zeigler for SUSTG.
Saudi Arabia is taking managerial control of Saudi Binladin Group (SBG) and discussing a possible transfer of some of the giant construction group's assets to the state while its chairman and other family members are in detention, Reuters reports today citing sources.

Saudi Arabia

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