In 1926,the Kingdom of Saudi Arabia was founded by King Abdul Aziz Al Saud. In 1931 Mohammad Binladin established a construction company within the Kingdom. In 1950, when King Abdul Aziz was planning the first Saudi Extension to the Prophet’s Mosque in Madinah ....he honoured Mohammad Binladin by turning to him to fulfil his wishes.
Work on the extension was completed during the reign of King Abdul Aziz’s son King Saud bin Abdul Aziz. As a result of the success of this project, Mohammad Binladin was asked to undertake the extension to the Holy Mosque in Makkah, the first for a thousand years. Work on this huge enterprise started in 1955... ...it continued through the reign of King Saud’s successor King Faisal... ceremony at completion of the First Saudi Extension of the Makkah Holy Mosque and was completed after twenty years, during the reign of King Khalid.
The late founder of SBG Mohamed BinLadenIn 1964Mohammad Binladin was commissioned to work on the third Holy sanctuary of Islam, recladding the Dome of the Rock in Jerusalem. As the developing Kingdom expanded its infrastructure... ...so Mohammad Binladin played an integral part in these pioneering years by building a network of new highways throughout the country. The company’s greatest challenge was to construct a two-lane highway from the city of Makkah up the steep escarpment to Taif. Courage and perseverance were needed in equal measure to overcome the rugged landscape.Bulldozers had to be dismantled, manhandled down the sheer rock faces, and re-assembled... ...ready to carve a way through areas where no machinery had ever been before. Within a few years, the 55 kilometre road was completed... ...establishing the company’s reputation as the leading construction company in the region.
In 1967, Mohammad Binladin died ... ...but his life’s work was carried on by his eldest son Salem Binladin, and a selected group of his brothers, into a new era of expansion. The company continued the construction of the 750 kilometre Taif to Jizan road. Running through the Hijaz mountains, the two-lane highway took two decades to complete. A different challenge was faced while undertaking a major road project in the Empty Quarter desert. The problem of drifting sands was solved using pioneering solutions like chemical stabilisation. Successfully completed in 1984 at a cost of over one billion Saudi Riyals the 585 kilometre road network plays a vital role in connecting the town of Sharoura to Najran, Solayel and the rest of the Kingdom When Salem Mohammad Binladin died in 1988, some of his brothers, pursuing expansion and diversification, reorganized the business. In 1989 the Saudi Binladin Group was established, and today stands as the latest principal and independent organisational structure in the business's long history.
The SBG was founded in 1931 by Sheikh Mohammed bin Laden Sayyid, whose relationship with the country's founder, Abdel Aziz al Saud, led to important government contracts such as refurbishing the shrines at Mecca and Medina. Mohammed, who overall had 22 wives and 53 children, is also the father ofOsama Bin Laden.[1][2]
After the death of Sheikh Mohammed in 1968, the group was headed by Mohammed Bahareth, brother of Mohammed's first wife and uncle of his oldest children. In 1972, Sheikh Salem bin Laden, the eldest son, took over as his father's successor, with the assistance of several brothers. Upon Salem's death in a plane crash in 1988, the leadership of the group passed to one of his elder sons, Bakr, the current chairman, along with thirteen other brothers who make up the board of the bin Laden group, the most important of these being Hassan, Yeslam and Yehia. By 2002, the company had 35,000 employees worldwide, and was worth US$5 billion.[1]
Current activities
The bin Laden group is represented in most Saudi cities — Riyadh, Damman — and in a number of capital cities in the region (Beirut, Cairo, Amman,Dubai). According to a synopsis by the PBS news program Frontline:[3]
- in Egypt the SBG is headed by Abdul Aziz bin Laden, and represents that country's largest foreign-owned private equity group, with over 40,000 employees.
- in Lebanon the SBG, represented by Yehia bin Laden, has been (before the July War) holding negotiations with the local authorities for a $50 million share in the project to rebuild the Beirut Central District within the framework of the Solidere Project and in conjunction with the al Baraka Group and the bin Mahfouz Group.
- in London the SBG set up a representative firm called Binexport in November 1990.
On December 20, 2005, the government of Saudi Arabia awarded a consortium of Saudi and Emirati companies, including the Saudi Binladin Group, a $26.6 billion contract to build King Abdullah Economic City.[4]
The Group is constructing Abraj Al Bait Towers in Mecca.
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| road |
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| Airport |
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| was built by the Binladin group which comprises of three residential towers are only walking distance from the vibrant Emaar Boulevard, The Dubai Mall and the magical Old Town. |
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| sport comlex |
Shk. Hamdan Bin Mohammed Bin Rashid sport complex :
was opened by his H.H Shk. Hamdan Bin Mohammed Bin Rashid on 10-10-2010 and the 2010 World FINA championships 25m weresuccessfully hosted in Dubai.
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| Dokkae project : multi-functional development overlooking the Holy Harem in Makkah, Saudi Arabia. With a built up floor area of 800,000sq.m. the site area consists of a 13-story podium, housing, retail facilities, food courts, specialty restaurants, car parking and mechanical areas topped by five towers |
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