$160 million loan granted to Bin Ladin Group for Saudi tower

Published June 28th, 2006 - 06:37 GMT
Al Bawaba
Al Bawaba

Plans to provide a $160 million syndicated loan for the Saudi Bin Ladin Group were revealed earlier this to finance the construction of a multi-storey tower in Mecca, Saudi Arabia.

 

Several Middle Eastern banks also reportedly participated in the deal, according to Gulf News.