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English news

08-Jul-2018

Saudi Binladin shareholders sell 36% stake to Istidama Holding

Saudi businessmen Bakr, Saleh and Saad Binladin have reportedly sold their 36.2% stake in Saudi Binladin Group to Istidama Holding Company, according to local news that cited the Saudi commerce ministry. Saudi Binladin is currently being run by a government-appointed committee after several senior brothers were detained in an anti-corruption purge late last year. 

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