Monday 23 December 2024
 
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JEC, Jeddah Tower plans approved

The strategic plan for the progress of the Jeddah Economic City and Jeddah Tower project was approved by the board of directors of Alinma Jeddah Economic City Fund (The Fund) today.   The board meeting, chaired b

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JEC, Jeddah Tower plans approved

The strategic plan for the progress of the Jeddah Economic City and Jeddah Tower project was approved by the board of directors of Alinma Jeddah Economic City Fund (The Fund) today.   The board meeting, chaired b

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Kingdom Holding Q2 profit rises 13pc

Saudi Arabia's Kingdom Holding, the investment firm owned by billionaire Prince Alwaleed bin Talal, posted a 12.6 per cent rise in second-quarter net profit on Sunday as its income increased and costs fell. Kingdom has minorit

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Alwaleed to hold Twitter stake, sees IPO by early 2014

Saudi billionaire Prince Alwaleed bin Talal says he will not sell any of his shares in microblogging site Twitter when it goes public, and expects the firm's IPO to hit the market later this year or in early

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Prince Alwaleed stands by News Corp leadership

Saudi billionaire Prince Alwaleed bin Talal said he believes that News Corp will emerge from the current crisis and that he does not plan to sell any of his shares in the company. Alwaleed, who says his Kingdom Holding is the second bigges

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Batelco, Kingdom bid for Zain Saudi 'hits snag'

Bahrain Telecommunications' (Batelco) joint $950 million bid for a stake in telco Zain Saudi has hit a snag over management rights, a source familiar with the matter said on Sunday. Kuwaiti group Zain agreed to sell the 25 percent

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