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Kingdom sells key stake in Manila hotelKingdom Hotel Investments (KHI), controlled by Saudi billionaire Prince Alwaleed bin Talal, said it has sold a major stake in Fairmont Hotel and Raffles Suites & Residences Makati development in the Philippines for SR218 million ($58 million More… |
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Kingdom sells Thai hotel stake for $90mKingdom Hotel Investments (KHI), controlled by Saudi billionaire Prince Alwaleed bin Talal, said it has sold its entire stake in Mövenpick resort in Thailand to a Malaysian group for $90 million. A wholly-owned subsidiary of Saudi conglome More… |
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Kingdom sells Chinese resort for $60.6mKingdom Hotel Investments (KHI), a unit of diversified Saudi conglomerate Kingdom Holding Company (KHC), said it has sold its stake in Swissôtel Kunshan, a luxury resort in China, to Malaysian group TA Global for $60.6 million. After tran More… |
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Kingdom opens $145m Seychelles resortsKingdom Hotel Investments (KHI), a subsidiary of Saudi-based Kingdom Holding Company, has announced the opening of the $145 million Raffles Praslin Seychelles Resort and Residences. KHC, the investment firm chaired by Prince Alwaleed Bin T More… |
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Kingdom sells key hotel stake for $145mSaudi-based Kingdom Hotel Investments (KHI) has sold its 43.7 per cent minority stake in Four Seasons Hotel, Cairo to Arab Company for Hotel and Tourism Investments, a unit of Talat Moustafa Group Holding Company for $145 million. KHI More… |
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Kingdom Hotels revenue drops 12 per centKingdom Hotel Investments (KHI), a leading emerging markets hotel investment company, said its group revenue for last year plunged 12 per cent to $246.4 million from $278 million in 2008 owing to 'a tough economic climate.' A part More… |
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KHC in $375m bid for Kingdom Hotels stakeKingdom Holding Company (KHC), the investment firm of Saudi Prince Alwaleed bin Talal, will make a cash offer for the remaining shares in Kingdom Hotel Investments in a deal worth $375 million, KHI said on Monday. The offer, made by More… |
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Kingdom opens 5-star hotel in BeirutKingdom Hotel Investments (KHI), a leading hotel investment company in the emerging markets, has announced the opening of a five-star luxury hotel, the Four Seasons Beirut. The KHI has a controlling 38 per cent equity ownership in the hote More… |
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Kingdom Hotels eyes '08 profit growthKingdom Hotel Investments, controlled by Saudi billionaire Prince Alwaleed bin Talal, said it would post growth in net profit in 2008 on the performance of its hotel business and real estate sales. Kingdom Hotels 'is expected to delive More… |
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Prince Alwaleed wealthiest ArabPrince Alwaleed bin Talal Al Saud has been named as the wealthiest Arab in the annual Arabian Business Rich List, the definitive listing of the Arab eorld’s wealthiest individuals. The listing, available online at More… |
