Bin Laden Group has won contracts for more than seven billion dollars in Saudi Arabia

Bin Laden Group industrial conglomerate has won two contracts worth 27 billion rials (7.2 billion dollars) for modernization of infrastructure in Saudi Arabia, according to the local agency SPA.

Thus, the group controlled by Bin Laden family, which also forms part of terrorist Osama Bin Laden, the Al-Qaeda leader, will modernize the King Abdulaziz International Airport in Jeddah city.

Saudi Arabia’s largest oil exporter in OPEC (Organization of Petroleum Exporting Countries) plans to invest significant sums in upgrading aviation infrastructure. Authorities in Riyadh is expected to double the number of passengers transiting airports country in the next decade,to¬† 60 million persons.

Bin Laden Group was founded in 1931 by Sheikh Sayyid Mohammed bin Laden. He had over 22 wives and 53 living children, among them Osama Bin Laden.

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Posted by E.Hillwig on Nov 14 2010. Filed under Featured News, Industry. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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