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Kingdom Holding Company

Kingdom to distribute $175m dividends in 2013

Kingdom Holding Company, the investment company chaired by Saudi billionaire Prince Alwaleed, has announced plans to distribute dividends worth SR656 million ($175 million) for 2013. The Saudi firm said it has recommended the boar

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KHC names new finance chief

Kingdom Holding Company (KHC), the investment vehicle of Saudi Prince Alwaleed Bin Talal Bin AbdulAziz AlSaud, has named Mohammed Fahmy as its new chief financial officer. Fahmy replaces Shadi Sanbar, who is retiring from his posi

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$1.2bn Kingdom Tower project on track

Kingdom Holding Company (KHC) said the piling work is progressing well at its ambitious Kingdom City Jeddah project which will boast of the world’s tallest tower to be built at a cost of SR4.6 billion ($1.2

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KHC names top architects for giant Jeddah project

Kingdom Holding Company (KHC), the investment firm chaired by Saudi Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, has appointed Calthrope Associates as the lead master planner for its Kingdom City project, which includes the world’s tall

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Kingdom Holding sets up sharia committee

Kingdom Holding Company (KHC), the investment company chaired by Saudi Prince Alwaleed, said it has set up a new sharia committee based on the recommendation of KHC board members. The new sharia committee will help study the gradu

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Kingdom Holding net income rises 10.5pc

Kingdom Holding Company (KHC), the investment company chaired by Saudi Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, has reported a net income of SR707 million ($188.2 million) for the twelve months ended December 31, 2012, up 10.5 per cent co

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KHC holds board meeting

HRH Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, chairman of Kingdom Holding Company (KHC), recently held a board meeting at the company’s headquarters in Riyadh. The board meeting was held to oversee KHC’s performa

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Kingdom acquires Canada hotel for $200m

Kingdom Holding Company (KHC), the investment company chaired by Saudi Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, said it has acquired the Canadian luxury hotel, The Four Seasons Toronto for $200 million. Recently inaugurated

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KHC awards $41m Jeddah piling contract

Kingdom Holding Company, the investment company chaired by Saudi Prince Alwaleed, has awarded a piling contract worth SR153 million ($40.7 million) for its mammoth Jeddah project to leading construction group Saudi Bauer. Announci

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Kingdom Holding Q3 profit up 10pc

Kingdom Holding Company (KHC), the investment company chaired by Saudi Prince Alwaleed, has registered a net profit of SR218 million ($59.3 million) for the third quarter, up 10 per cent over the same period last year. Announcing

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