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
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
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.
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.
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
Saudi Arabian billionaire Prince Alwaleed bin Talal and his investment firm Kingdom Holding now together own more than 5 per cent of Twitter, the prince's office said on Wednesday.
Kingdom Holding has paid $50 million to doubl
Shares in Kingdom Holding fall one per cent in thin trade after its chairman, billionaire Prince Alwaleed bin Talal, said he'll donate $32 billion to charity in coming years.
He added that this will include assets inside and o
Saudi Arabian billionaire Prince Alwaleed bin Talal, the chairman of Kingdom Holding, will donate $32 billion to charity in coming years via Alwaleed Philanthropies, he said on Wednesday.
The sum represents his entire wealth, he t
Kingdom Holding Company, the Saudi Arabian investment firm chaired by billionaire Prince Alwaleed bin Talal, said a group of French companies led by a state-backed investment fund have agreed to invest $150 million in the company.
Saudi Arabia's Kingdom Holding Company, the investment firm owned by billionaire Prince Alwaleed bin Talal, has joined hands with French group Caisse des Dépôts International Capital (CDCIC) to set up a $400 million fund.