KHI sells interest in Zambia Hotel for $36mKingdom Hotel Investments (KHI), a wholly-owned subsidiary of the Saudi Arabian conglomerate Kingdom Holding Company (KHC), has sold its 100 per cent interest in the InterContinental Lusaka, Zambia, to a private company for $35.9 million. More… |
KHI closes refinancing of $381m loanSaudi Arabia's Kingdom Holding, the investment firm of billionaire Prince Alwaleed bin Talal, has completed the refinancing of a €350 million ($381.3 million) loan facility, it said on Monday. The loan, backed by the Four Seaso More… |
KHI sells interest in Fairmont Mount Kenya Safari ClubKingdom Hotel Investments (KHI), a wholly-owned subsidiary of the Saudi Arabian conglomerate Kingdom Holding Company, has sold its 75 per cent interest in the Fairmont Mount Kenya Safari Club to a private Kenyan company for $18 million, accord More… |
KHI sells 75pc stake in Fairmont KenyaKingdom Hotel Investments (KHI), a unit of diversified Saudi Arabian conglomerate Kingdom Holding Company (KHC), sold its 75 per cent stake in the Fairmont Mount Kenya Safari Club to a private Kenyan company for SR 68 million ($18.1 million). More… |
KHI sells 50pc stake in Four Seasons MauritiusKingdom Hotel Investments (KHI), a unit of diversified Saudi Arabian conglomerate Kingdom Holding Company (KHC), has sold a 50 per cent stake in the Four Seasons Resort Mauritius at Anahita to hospitality group Sun Resorts. The Fo More… |
KHI sells Mövenpick Bur Dubai stake for $95mKingdom Hotel Investments (KHI), a wholly owned subsidiary of Saudi Arabia-based Kingdom Holding Company (KHC), sold its 100 percent interest in the Mövenpick Hotel and Apartments Bur Dubai to an UAE-based investment company for SR360 milli More… |
Kingdom Holding takes over KHIKingdom Holding Company (KHC), the investment firm of Saudi Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, said it has successfully taken over Kingdom Hotel Investments (KHI) after 94 per cent shareholders accepted its $5 per share offer. More… |
IFA HR completes KHI share transferIFA Hotels & Resorts (IFA HR) said it has successfully completed three share transfers with its joint investment partner Kingdom Hotel Investments (KHI). The two companies transferred minority interests in three of their international More… |
KHI H1 net profit up 8pcKingdom Hotel Investments (KHI) said net profit for the six months ended June 30, 2008 reached $20.6 million. The figure was an increase of eight per cent compared with the $19.1 million it posted during the same period a year ago. More… |
IFA HR opens new resort in ZanzibarIFA Hotels & Resorts (IFA HR) and its strategic partner Kingdom Hotel Investments (KHI) have opened a new resort in Zanzibar. The hotel was inaugurated in the presence of president of Zanzibar and chairman of the Revolutionary Cou More… |