Bakr, Saleh and Saad Binladin give up 36.2% stake in Saudi Binladin Group | ZAWYA MENA Edition:
Saudi businessmen Bakr, Saleh and Saad Binladin gave up their 36.2 pct stake in the Saudi Binladin Group to Istidama Holding Company, al-Arabiya TV reported on Thursday, citing the Saudi commerce ministry.
The company, crucial to the state's plans for major tourism and infrastructure projects, is now 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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