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Bin Laden Group
Saudi Binladin Group (SBG; ), 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. Overview The SBG was founded in 1931 by Sheikh Muhammad bin Ladin. whose relationship with the country's founder, Abdulaziz Al Saud, led to important government contracts such as refurbishing the mosques at Mecca and Medina. In 1964, Muhammad bin Ladin was commissioned to reclad the Dome of the Rock in Jerusalem. After the death of Sheikh ...
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Dubai
Dubai (Help:IPA/English, /duːˈbaɪ/ Help:Pronunciation respelling key, ''doo-BYE''; Modern Standard Arabic, Modern Standard Arabic: ; Emirati Arabic, Emirati Arabic: , Romanization of Arabic, romanized: Help:IPA/English, /diˈbej/) is the List of cities in the United Arab Emirates#Major cities, most populous city in the United Arab Emirates and the capital of the Emirate of Dubai. It is located on a Dubai Creek, creek on the south-eastern coast of the Persian Gulf, Persian Gulf. As of 2025, the city population stands at 4 million, 92% of whom are Expatriates in the United Arab Emirates, expatriates. The wider urban area includes Sharjah and has a population of 5 million people as of 2023,https://www.demographia.com/db-worldua.pdf while the Dubai–Sharjah–Ajman metropolitan area counts 6 million inhabitants. Founded in the early 18th century as a Cultured pearl, pearling and fishing settlement, Dubai became a regional trade hub in the 20th century after declaring itself a f ...
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September 11 Attacks
The September 11 attacks, also known as 9/11, were four coordinated Islamist terrorist suicide attacks by al-Qaeda against the United States in 2001. Nineteen terrorists hijacked four commercial airliners, crashing the first two into the Twin Towers of the World Trade Center in New York City and the third into the Pentagon (headquarters of the U.S. Department of Defense) in Arlington County, Virginia. The fourth plane crashed in a rural Pennsylvania field during a passenger revolt. The attacks killed 2,977 people, making it the deadliest terrorist attack in history. In response to the attacks, the United States waged the global war on terror over multiple decades to eliminate hostile groups deemed terrorist organizations, as well as the foreign governments purported to support them. Ringleader Mohamed Atta flew American Airlines Flight 11 into the North Tower of the World Trade Center complex at 8:46 a.m. Seventeen minutes later at 9:03 a.m., United Airlines Flig ...
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Nationalization
Nationalization (nationalisation in British English) is the process of transforming privately owned assets into public assets by bringing them under the public ownership of a national government or state. Nationalization contrasts with privatization and with demutualization. When previously nationalized assets are privatized and subsequently returned to public ownership at a later stage, they are said to have undergone renationalization (or deprivatization). Industries often subject to nationalization include telecommunications, electric power, fossil fuels, railways, airlines, iron ore, media, postal services, banks, and water (sometimes called the commanding heights of the economy), and in many jurisdictions such entities have no history of private ownership. Nationalization may occur with or without financial compensation to the former owners. Nationalization is distinguished from property redistribution in that the government retains control of nationalized pro ...
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Reuters
Reuters ( ) is a news agency owned by Thomson Reuters. It employs around 2,500 journalists and 600 photojournalists in about 200 locations worldwide writing in 16 languages. Reuters is one of the largest news agencies in the world. The agency was established in London in 1851 by Paul Reuter. The Thomson Corporation of Canada acquired the agency in a 2008 corporate merger, resulting in the formation of the Thomson Reuters Corporation. In December 2024, Reuters was ranked as the 27th most visited news site in the world, with over 105 million monthly readers. History 19th century Paul Julius Reuter worked at a book-publishing firm in Berlin and was involved in distributing radical pamphlets at the beginning of the Revolutions of 1848. These publications brought much attention to Reuter, who in 1850 developed a prototype news service in Aachen using homing pigeons and electric telegraphy from 1851 on, in order to transmit messages between Brussels and Aachen, in what today is Aa ...
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Ministry Of Finance (Saudi Arabia)
The Ministry of Finance (MoF; ) of Saudi Arabia is the principal body for controlling state expenditure in Saudi Arabia. It is currently led by Mohammed Al-Jadaan. History When instructions were issued by the Kingdom of Hejaz and Nejd, Kingdom of Hejaz that financial matters were to be managed by a finance directorate, a single entity in the form of a General Directorate of Finance was established on 14 October 1927. Royal Order No. 381 was issued on 14 May 1932 changing the name of the General Directorate of Finance to the Ministry of Finance, thus becoming the second ministry to be established after the Ministry of Foreign Affairs. The Ministry of Finance was tasked with regulating, managing and securing the collection of state funds, and oversight of expenditures, and became the general authority for financial matters in the Kingdom of Hejaz and Nejd and its territories. Royal Decree No. 1697 was issued on 27 June 1953 establishing the Ministry of Economy to replace the Bureau ...
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Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied ...
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Yeslam Bin Ladin
Yeslam bin Muhammad bin Awad bin Ladin (; born October 19, 1950) better known as Yeslam bin Ladin, also written Yeslam Binladin, as he prefers to spell it, is a businessman and the half-brother of the deceased al-Qaeda leader, Osama bin Laden. Family background and early life Yeslam bin Ladin is a Saudi national of Persian and Yemeni heritage (through his mother and father, respectively). He has 54 half-brothers and half-sisters, including 2 younger brothers (Ibrahim and Khalil), and a younger sister (Fawziyya), by the same mother as him, Rabab Haguigui. They used to live in Jeddah, Saudi Arabia. His father, Mohammed bin Laden, died when he was 17 years old. He has lived in Switzerland since the mid-1980s, and became a Swiss citizen in April 2001. He speaks Arabic, English, French, and Persian. As of 2020, he speaks Turkish. He is a Sunni Muslim and is said to live a mainly Western lifestyle. An ex-girlfriend of his from 1993 to 2001, Catherine Berclaz, is a Swiss interior d ...
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Bakr Bin Laden
Bakr bin Mohammed bin 'Awad bin Laden (; born 1946) is the former chairman of the Jeddah-based Saudi Binladin Group and the former largest shareholder in the group, with a 23.58% holding. He is the son of the family's patriarch, Mohammed bin Awad bin Laden, and a half-brother of Osama bin Laden. Education Bakr bin Laden attended college at the University of Miami School of Business at the University of Miami in Coral Gables, Florida in the United States. Career Despite the Arabian Peninsula's comparatively small construction sector compared to other regions of the world, Saudi Binladin Group grew substantially under bin Laden's management. Under his leadership, the firm joined with Qatari Diar, a Doha-based real estate company, to launch a joint venture holding company, which is expected to have a significant capital base. The new venture will have two umbrella firms, one of which will carry out large contracting and construction works in Qatar and the rest of the world. It ...
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Salem Bin Laden
Salem bin Laden () (4 January 1946 – 29 May 1988) was a Saudi Arabian investor and businessman. Life Salem was the eldest son of Muhammad bin Laden, the founder of the Saudi Binladin Group, and a half-brother of the militant jihadist Osama bin Laden. Bin Laden was educated at Millfield and acted as the patriarch of the bin Laden family after the 1967 death of his father. Salem managed the family's extensive investment portfolio and was in charge of the family income distribution. He also oversaw the individual education plans for each of his (half-) brothers and (half-) sisters. Just like his father, he highly valued the close relationship of the bin Ladens with the Saudi royal family. He provided means and support to the family during the Mecca uprising of 1979. George W. Bush knew James Bath, a Texan businessman who served as the North American representative for rich Saudis among Bin Laden relatives, and using Bath connections he met billionaire Salem bin Laden, banker ...
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Jerusalem
Jerusalem is a city in the Southern Levant, on a plateau in the Judaean Mountains between the Mediterranean Sea, Mediterranean and the Dead Sea. It is one of the List of oldest continuously inhabited cities, oldest cities in the world, and is considered Holy city, holy to the three major Abrahamic religions—Judaism, Christianity, and Islam. Both Israel and Palestine claim Jerusalem as their capital city; Israel maintains its primary governmental institutions there, while Palestine ultimately foresees it as its seat of power. Neither claim is widely Status of Jerusalem, recognized internationally. Throughout History of Jerusalem, its long history, Jerusalem has been destroyed at least twice, Siege of Jerusalem (other), besieged 23 times, captured and recaptured 44 times, and attacked 52 times. According to Eric H. Cline's tally in Jerusalem Besieged. The part of Jerusalem called the City of David (historic), City of David shows first signs of settlement in the 4th ...
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Dome Of The Rock
The Dome of the Rock () is an Islamic shrine at the center of the Al-Aqsa mosque compound on the Temple Mount in the Old City (Jerusalem), Old City of Jerusalem. It is the world's oldest surviving work of Islamic architecture, the List_of_the_oldest_mosques, earliest archaeologically attested religious structure to be built by a Muslim ruler and its inscriptions contain the earliest Epigraphy, epigraphic proclamations of Islam and of the Prophets and messengers in Islam, Islamic prophet Muhammad. Its initial construction was undertaken by the Umayyad Caliphate on the orders of Abd al-Malik ibn Marwan, Abd al-Malik during the Second Fitna in 691–692 CE, and it has since been situated on top of the site of the Second Temple, Second Jewish Temple (built in to replace the destroyed Solomon's Temple and rebuilt by Herod the Great), which was Siege of Jerusalem (70 CE), destroyed by the Romans in 70 CE. The original dome collapsed in 1015 and was rebuilt in 1022–23. Its architect ...
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Medina
Medina, officially al-Madinah al-Munawwarah (, ), also known as Taybah () and known in pre-Islamic times as Yathrib (), is the capital of Medina Province (Saudi Arabia), Medina Province in the Hejaz region of western Kingdom of Saudi Arabia, Saudi Arabia. It is one of the oldest and most important places in Islamic history. The Holiest sites in Islam, second holiest city in Islam, the population as of 2022 is 1,411,599, making it the List of cities and towns in Saudi Arabia, fourth-most populous city in the country. Around 58.5% of the population are Saudi citizens and 41.5% are foreigners. Located at the core of the Medina Province in the western reaches of the country, the city is distributed over , of which constitutes the city's urban area, while the rest is occupied by the Hijaz Mountains, Hejaz Mountains, empty valleys, Agriculture in Saudi Arabia, agricultural spaces and older dormant volcanoes. Medina is generally considered to be the "cradle of Islamic culture and ci ...
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