Friday 24 October 2014
 
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Kingdom Holding

Kingdom, PineBridge set up Africa equity JV

Kingdom Holding Company (KHC), the investment firm owned by billionaire Prince Alwaleed bin Talal, has inked a deal with New York-based asset manager PineBridge Investments to set up a joint venture company for investment in African private equi

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JEC to raise $3.7bn for Kingdom City super tower

Saudi Arabia's Jeddah Economic Company (JEC) said on Monday it was in talks with local Saudi banks to raise funds for the 14-billion-riyal ($3.73 billion) first phase of its Kingdom City project. If completed, the project'

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Kingdom Holding Q1 net profit up 15pc

Saudi Arabia's Kingdom Holding , the investment firm owned by billionaire Prince Alwaleed bin Talal, reported a 14.8 percent increase in first-quarter net profit on Sunday, citing higher income from investments. The investment

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KHC-backed firm plans big IPO in US

Jingdong, in which Kingdom Holding Company (KHC), the investment firm chaired by Saudi Prince Alwaleed, has a key stake, is planning the largest US initial offering by a Chinese company in more than a decade. JD is the largest onl

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Alwaleed tops 'Arab Businessman 2013' list

Saudi billionaire Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, the chairman of Kingdom Holding Company (KHC), has been ranked first in Amwal Magazine's '2013 Most Powerful Arab Businessmen' List in recognition of his achievements

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Kingdom Holding wins top brand award

Kingdom Holding Company (KHC), chaired by Prince Alwaleed, was awarded among the “Top 100 Saudi Brands” for the year 2013 by Alwatan Newspaper recently at a ceremony in Riyadh. The “Top 100 Saudi Brands” aw

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Kingdom Holding finance chief to quit

The chief financial officer of Prince Alwaleed bin Talal's investment vehicle, Kingdom Holding , is to leave the firm, two banking sources aware of the matter said. Shadi Sadeek Sanbar, who has worked with the firm for more th

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KHC posts slight Q3 profit rise

Saudi Arabia's Kingdom Holding, the investment firm of billionaire Prince Alwaleed bin Talal, posted a one per cent rise in third-quarter net profit on Tuesday. The firm made a net profit of SR219.9 million ($58.6 million) dur

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Four Seasons names president & CEO

Four Seasons Hotels and Resorts today announced that Allen Smith, currently CEO of Prudential Real Estate Investors, will become president and CEO of the luxury hotel company. The announcement follows an extensive global search ov

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Kingdom Holding Q2 net profit edges up

Saudi Arabia's Kingdom Holding, the investment firm of billionaire Prince Alwaleed bin Talal, posted a 1.3 percent rise in second-quarter net profit on Sunday, on the back of higher dividend and associates income. The firm mad

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