No Result
View All Result
Tuesday, July 1, 2025
MM News
اردو
  • Home
  • Latest News
  • National
  • Showbiz
    File photo

    Post-mortem report of Shefali Jariwala reveals heart attack as cause of death

    JioHotstar has released the teaser for Sarzameen, starring Prithviraj Sukumaran, Kajol, and Ibrahim Ali Khan in a powerful patriotic thriller.

    Is Ibrahim Ali Khan & Kajol’s ‘Sarzameen’ anti-Pakistan?

    Squid Game 3 released on June 27, on Netflix.

    Squid Game Season 3: Stream it or skip it?

    file photo

    Has Alizeh Shah found her ‘Mr. Perfect’? Social media posts spark speculation

    (File Photo)

    Mehwish Hayat calls marriage a gamble, slams gendered expectations in showbiz

    Vicky Kaushal

    What did Vicky Kaushal say about Katrina Kaif’s feedback on his films?

  • Thought Box
  • Business
  • Opinions
  • Technology
  • The Other Side
MM News
  • Home
  • Latest News
  • National
  • Showbiz
    File photo

    Post-mortem report of Shefali Jariwala reveals heart attack as cause of death

    JioHotstar has released the teaser for Sarzameen, starring Prithviraj Sukumaran, Kajol, and Ibrahim Ali Khan in a powerful patriotic thriller.

    Is Ibrahim Ali Khan & Kajol’s ‘Sarzameen’ anti-Pakistan?

    Squid Game 3 released on June 27, on Netflix.

    Squid Game Season 3: Stream it or skip it?

    file photo

    Has Alizeh Shah found her ‘Mr. Perfect’? Social media posts spark speculation

    (File Photo)

    Mehwish Hayat calls marriage a gamble, slams gendered expectations in showbiz

    Vicky Kaushal

    What did Vicky Kaushal say about Katrina Kaif’s feedback on his films?

  • Thought Box
  • Business
  • Opinions
  • Technology
  • The Other Side
No Result
View All Result
No Result
View All Result
MM News
اردو
  • Latest
  • Showbiz
  • Thought Box
  • Business & Stock
  • Opinions
  • Technology
  • The Other Side-Pakistan
Home World

Saudi releases Bin Laden tycoon detained in 2017 corruption sweep

MM News Staff by MM News Staff
May 14, 2021

RIYADH: Saudi Arabia has released construction tycoon Bakr Bin Laden after more than three years since he was detained as part of a corruption crackdown in 2017.

The former chairman of Saudi Bin Ladin group and a half-brother of Osama bin Laden, was released a few days ago but is still barred from travel, sources told an international news agency on condition of anonymity.  His brother, Saad, was released a few months ago, and is also under a travel ban. No charges have been made public against 75-year-old Bakr bin Laden.

Bakr Bin Laden has for years run the unlisted Saudi Binladin Group, which is owned by his family. It had been the Saudi royal family’s preferred building contractor until falling out of favour since 2015.

He was detained as part of a sweeping crackdown on corruption ordered in November 2017 by Crown Prince Mohammed bin Salman. Saudi authorities said the campaign recovered more than $106 billion through settlements with scores of senior princes, ministers and top businessmen. Two of his brothers, Saleh and Saad, as well as senior executives in the family firm, were among more than 200 detained in the anti-corruption drive.

The government then appointed three representatives and two other brothers to oversee the running of the country’s largest builder before the three brothers, Bakr, Saleh and Saad, eventually transferred their combined 36.2% stake to the state in April 2018.

The authorities have also seized family homes, luxury cars, private jets and jewelry as part of settlements for the men’s release. Bakr was temporarily released in January 2019 to attend a funeral.

Binladin, which had over 100,000 employees at its height, was important to Riyadh’s plans for large real estate, industrial and tourism projects to help diversify the economy beyond oil. The group has since last year been in talks to refinance billions of dollars in debt.

Tags: bakr bin ladenBin LadenCorruptionSaudi Arabia
ShareTweetSendShare
Previous Post

Fully vaccinated people can remove masks outdoors: US CDC

Next Post

Must have ‘Meetha’ On Meethi Eid; Try These Delicious Sweets

Related Stories

Thought Box

Did Indian tech companies provide backdoor access to Israel into Iran’s sensitive systems?

June 30, 2025
The powerful display was intended to highlight the devastating toll of the conflict on Palestinian children and to protest against international silence. (Image: TRT World)
Top News

18,000 shoes laid out in the Netherlands in memory of Gaza martyred children

June 30, 2025
Mourners react during the funeral of Palestinians killed in an overnight Israeli strike on a tent, according to Gaza's health ministry, at Nasser Hospital in Khan Younis, southern Gaza Strip, June 29, 2025. REUTERS/Hatem Khaled
World

Trump calls for war to end as Israel orders evacuations in northern Gaza

June 29, 2025
Image: Online
World

Israel claims killing of Hamas leader Al-Issa in targeted operation

June 29, 2025
Tunisian Girl
National

Social media marriage ends: Tunisian bride in Pakistan handed over to embassy

June 29, 2025
Donald Trump
Top News

Putin credits Trump for improving Russia-US relations

June 28, 2025
(File Photo)
Trending

Matcha: What’s fueling the world obsession with Japanese green tea?

June 27, 2025
India signed a $5.43 billion agreement with Russia in 2018 for the acquisition of five S-400 squadrons.  (File Photo)
World

India, Russia discuss delivery of S-400 batteries, Su-30 jet upgrade at SCO meet

June 27, 2025
Iranian media photo
World

Iran’s Guardian Council endorses bill to suspend IAEA cooperation

June 26, 2025
File photo
World

Nearly six million donkeys slaughtered for Chinese medicine, claims UK Charity

June 26, 2025
Next Post

Must have 'Meetha' On Meethi Eid; Try These Delicious Sweets

Trending Stories

File photo
Film & TV

Post-mortem report of Shefali Jariwala reveals heart attack as cause of death

by MM News Staff
June 30, 2025
Online/File photo
Prices

Govt end electricity duty from power bills

by MM News Staff
June 30, 2025
File photo
Daily Buzz

Mehr Bano opens up about harassment in the entertainment industry

by MM News Staff
June 30, 2025
File photo
Crime

Swat Tragedy tied to river diversion by land mafia, reveals initial probe

by MM News Staff
June 30, 2025
Photo credit Express News
Uncategorized

US woman travels to Pakistan for her online lover

by MM News Staff
June 30, 2025

Opinion

Munir-Ahmed
Portugal and Pakistan: Building a Bilateral Bridge in a Fractured World
June 29, 2025
- Munir Ahmed
munir ahmed oped
A Peace Prize for Betrayals: Rethinking Pakistan’s Strategic Alliances
June 28, 2025
- Munir Ahmed
munir ahmed oped
“Run Lola Run” – More than a movie to cultural bridging
June 27, 2025
- Munir Ahmed
No posts found
See all

Weather Updates

(File Photo)
Top News

Weather forecast for Karachi today

by MM News Staff
June 30, 2025

The Pakistan Meteorological Department (PMD) has predicted partly cloudy and humid weather for Karachi...

Rain

Monsoon showers hit Karachi, more rain expected in coming hours

June 28, 2025
file photo

Showers continue across Karachi, bringing relief from the heat

June 27, 2025
file photo

Will Karachi receive more rain today?

June 27, 2025
See all

Prices

Online/File photo
Prices

Govt end electricity duty from power bills

by MM News Staff
June 30, 2025

Federal Minister for Energy Awais Leghari has formally requested all provincial governments to eliminate...

LGP prices have been slashed ahead of Ramadan. File photo

LPG prices slashed by Rs7.51 per kilogram for July 2025

June 30, 2025
(File)

Gold price increases Rs800 per tola

June 30, 2025

Rs1.15 per unit cut likely in power tariff

June 30, 2025
See all

Transport News

(APP)
Transport

Rs150 billion approved to make Rawalpindi a ‘signal-free’ city

by MM News Staff
June 29, 2025

The Punjab government has approved a record-breaking development package worth Rs.150.0 billion for Rawalpindi...

file photo

Pakistan set to launch train service from Lahore to Russia next month

June 29, 2025
Maryam Nawaz

Maryam Nawaz orders 240 electric buses for South Punjab districts

June 28, 2025

Two planes avoid major accidents following bird strikes at Karachi airport

June 27, 2025
See all

MM Digital (Pvt.) Ltd.

MM News is a subsidiary of the MM Group of Companies. It was established in 2019 with the aim of providing people of Pakistan access to unbiased information. Contact Details: 03200201537

Quick Links

  • Home
  • Advertise
  • MM News Urdu
  • The Other Side-Pakistan
  • Contact Us
  • Privacy Policy

Top Pages

  • Latest News
  • Showbiz
  • OP-ED
  • Technology
No Result
View All Result
  • Latest News
  • Showbiz
  • Thought Box
  • Business
  • Opinions
  • Technology

© Copyright 2024 MMNews - All Rights Reserved.