Wednesday 22 February 2017
 
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Kingdom Holding

KHC announces Flynas’ $8.6bn deal with Airbus

Kingdom Holding Company (KHC) has announced that Flynas, in which KHC owns a 34.08 per cent stake, has finalised an $8.6-billion deal with Airbus for the purchase of new aircraft. The ceremonial event will take place on January 16

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KHC sells stake in Mövenpick Accra for $100m

Saudi Arabia’s Kingdom Holding Company (KHC) announces that it has sold its 100 per cent interest in the Mövenpick Hotel Ambassador Accra to QG Africa Hotel, a Mauritius-based fund, for a consideration of $100 million.

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KHC sells stake in Mövenpick Accra for $100m

Saudi Arabia’s Kingdom Holding Company (KHC) announces that it has sold its 100 per cent interest in the Mövenpick Hotel Ambassador Accra to QG Africa Hotel, a Mauritius-based fund, for a consideration of $100 million.

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Kingdom Holding sells stake in Four Seasons Toronto

Saudi Arabia’s Kingdom Holding Company (KHC) chaired by HRH Prince Alwaleed Bin Talal has completed the sale of its ownership stake in Four Seasons Hotel Toronto. The transaction closed on September 30 for a gross considerat

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Kingdom Holding Q1 profit falls 25.4pc

Saudi Arabia's Kingdom Holding , the investment firm owned by billionaire Prince Alwaleed bin Talal, posted a 25.4 percent fall in first-quarter net profit on Thursday as income declined and finance charges increased. The inve

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French SWFs acquire $150m stake in KHC

Leading French sovereign funds and companies have jointly acquired a major stake in Saudi Arabia's Kingdom Holding, the investment firm owned by billionaire Prince Alwaleel. As per the agreement with KHC, the sovereign fund CD

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Kingdom Holding, Alinma plan $2.2bn Jeddah fund

Saudi Arabia's Kingdom Holding said on Sunday that its affiliate Jeddah Economic Co had agreed with Alinma Bank to establish an SR8.4 billion ($2.2 billion) real estate development fund for Jeddah project. Jeddah Economic Comp

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Prince Alwaleed injects $52m into Euro Disney

Kingdom Holding Company (KHC) chaired by Prince Alwaleed Bin Talal, has injected an additional investment of 49.2 million euros ($52.37 million) in to Euro Disney under a recapitalization plan for the theme park. The reconstructin

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Kingdom Holding to sell stake in research group

Saudi Arabia’s Kingdom Holding Company (KHC), a diversified conglomerate, has announced that it will sell its entire shareholding in Saudi Research & Marketing Group (SRMG) in a private off-market transaction. The number

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Kingdom Holding Q3 net profit up 10pc

Saudi Arabia's Kingdom Holding, the investment firm owned by billionaire Prince Alwaleed bin Talal, posted a 10 per cent rise in third-quarter net profit amid an increase in returns on its investments. The investment firm has

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