Bakr Bin Laden Bakr Bin Laden

Despite a tumultuous year, Saudi Binladin Group’s (SBG) chairman, Bakr Bin Laden, remains one of Middle East construction’s most influential personalities.

Earlier this year, it was reported that a broad restructuring process was under way at SBG, which could see the Saudi Arabian government take a 35% stake in the company, according to a report by Reuters.

The regional contracting behemoth even had to take out an emergency $2.9bn (SAR10.8bn) government loan to pay staff wages, Arabian Business reported in April.

In the wake of market and corporate challenges, Bin Laden has kept the ship relatively strong and stable, as the company continues to win new work in its home market.This includes a contract to build a palace within the massive $500bn (SAR1.9tn) Neom development in Saudi Arabia, which is touted by many as the most ambitious project in the world.