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KHC in $928m refinancing of UK hotelKingdom Holding Company (KHC), the investment company chaired by Saudi Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, has completed the refinancing of top London hotel, The Savoy, capping a milestone event for a business worth More… |
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S&P ratings boost for Bahrain economyCredit rating agency Standard & Poor’s (S&P) has revised Bahrain's outlook from negative to stable after the Kingdom successfully emerged from its 2011 crisis. The ratings agency also affirmed its long- and short-term More… |
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Kingdom sells Plaza Hotel stake for $575mKingdom Holding Company (KHC) has announced the completion of a $575 million deal to sell The Plaza Hotel in New York. As part of the transaction, Sahara India Pariwar and Fiverivers Properties More… |
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Don't destroy nation urges chamber chiefA top Bahrain businessman has slammed some political societies in the kingdom for being adamant on holding rallies in the heart of capital Manama's commercial areas with the intent to damage the economy. More… |
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Alwaleed safe after car crashPrince Alwaleed Bin Talal, chairman of Kingdom Holding Company (KHC) and Alwaleed Bin Talal Foundations, is reported to be fine after the car he was travelling in was involved in an accident. Ac More… |
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Summer fest kicks off in BahrainHundreds of families flocked to enjoy the official opening ceremony of the fourth annual Bahrain Summer Festival which kicked off on Friday under the theme "Manama, City of Joy." The four-week festival is being held at the Bahrain Internat More… |
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Bahrain to issue sovereign bond by summerBahrain plans a sovereign bond targeting the US market by the summer, its central bank said on Tuesday, in a sign the kingdom is confident it can attract international investors. It has mandated JP Morgan, Citi, Standard Chartered and Gulf More… |
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Banque Saudi Fransi Q1 net up 10pcBanque Saudi Fransi registered a 10 per cent gain in its first-quarter net profit on the back of improved operating income, the bank said, edging ahead of analysts’ expectations. The SR789 million ($210.4 million) it earned in the first th More… |
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Google hosts giant techno event in SaudiGoogle organised a two-day technology event, g|saudi arabia, in association with the King Abdulaziz City for Science and Technology (KACST) and its technology incubator program Badir. The company said the move was part of its ong More… |
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Cargo-partner opens office in BahrainCargo-partner, one of the largest forwarding companies with private European ownership in this region, has announced the opening of its new Bahrain office. A leading transport and logistics company, Cargo-partner will offer key services in More… |
