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Creditors of troubled developer Saudi Binladin receive loan payments
Creditors of troubled construction heavyweight Saudi Binladin Group have received SAR1.85bn ($493m) in loan payments related to Saudi Arabia’s Grand Mosque project in Mecca, banking sources told Reuters. The banks received the money since the detention of the firm’s chairman Bakr bin Laden last weekend as part of a wider…
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Click here to read the full story: Gulf Business