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KHC closes Banque Saudi Fransi stake dealKingdom Holding Company, an investment firm owned by Saudi billionaire Prince Alwaleed bin Talal, said it has completed the acquisition of 16.2 per cent stake in Banque Saudi Fransi for SR29.5 ($7.8) per share; a deal worth SR5.8 billion ( More… |
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Prince Alwaleed receives CEO of PepsiCoPrince Alwaleed Bin Talal Bin Abdulaziz Al Saud, chairman of Kingdom Holding Company (KHC) received Indra Nooyi, chairman and CEO of PepsiCo and an accompanying delegation, in Riyadh recently. The meeting was also attended by a de More… |
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World's tallest tower project on trackThe construction work at the world’s tallest tower at Jeddah, Saudi Arabia, is picking up pace and is set to reach the sixth floor by the end of 2016, said its developer Kingdom Holding Company (KHC). The Kingdom Tower proje More… |
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Kingdom to distribute $175m dividends in 2013Kingdom 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 More… |
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KHC names new finance chiefKingdom 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 More… |
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$1.2bn Kingdom Tower project on trackKingdom 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 More… |
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KHC names top architects for giant Jeddah projectKingdom 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 More… |
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Kingdom Holding sets up sharia committeeKingdom 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 More… |
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Kingdom Holding net income rises 10.5pcKingdom 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 More… |
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KHC holds board meetingHRH 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 More… |
