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Alwaleed

Kingdom shares down after Alwaleed charity pledge

Shares in Kingdom Holding fall one per cent in thin trade after its chairman, billionaire Prince Alwaleed bin Talal, said he'll donate $32 billion to charity in coming years. He added that this will include assets inside and o

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KHC, Qatar fund to sell upscale hotel group

FRHI Hotels owners Kingdom Holding Company (KHC) - chaired by Saudi Prince Alwaleed bin Talal - and a Qatar government fund have announced plans to sell the luxury hotel chain, said a report. The two firms have hired Deutsche Bank and M

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Alwaleed Philanthropies donates generators to 3 Saudi villages

Saudi Arabia-based Alwaleed Philanthropies has donated electric generators to Om Onaique village, Al-Tharwah village, and Asfal Al-Jafra in Asir region in the kingdom. The number of homes benefiting from Alwaleed Foundation’

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Kingdom Holding 'not interested in Snapchat'

Saudi Arabia's Kingdom Holding, the investment firm owned by billionaire Prince Alwaleed bin Talal, has no plans to invest in Snapchat, a source familiar with the matter told Reuters on Thursday. Senior management at Snapchat,

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Kingdom Holding Q1 profit rises 10.3pc

Saudi Arabia's Kingdom Holding , the investment firm owned by billionaire Prince Alwaleed bin Talal, posted a 10.3 per cent rise in first-quarter net profit on Tuesday, on the back of higher income from dividends and associates.

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Alwaleed Foundation buys 100 paintings at auction

Alwaleed Bin Talal Foundation has purchased all the art work auctioned at the recently concluded ‘Salman In Their Eyes’ Exhibition held at the Association of Disabled Children in Riyadh, Saudi Arabia. This exhibition w

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Kingdom Holding sells 5.6pc stake in News Corp

Saudi Arabia's Kingdom Holding , the investment firm owned by billionaire Prince Alwaleed bin Talal, reduced the size of its stake in media giant News Corp by 5.6 per cent, it said on Wednesday. The bourse statement announcing

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Alwaleed to launch pan-Arab news channel

Saudi Prince Alwaleed bin Talal will tomorrow (February 1) launch Alarab, a pan-Arab satellite news channel with its head office based in Bahrain. Alarab will be the latest player in the Arabic-language television market, after Qa

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Kindgom Holding Q4 net profit rises 15pc

Saudi Arabia's Kingdom Holding , the investment firm owned by billionaire Prince Alwaleed bin Talal, posted a 15 per cent rise in fourth-quarter net profit on Wednesday as gains on investments increased and financial costs fell.

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Prince Alwaleed stays Mideast's richest with $30bn

Prince Alwaleed bin Talal, the CEO and founder of Kingdom Holding, remains the Middle East's richest with a fortune of $30 billion, according to the latest Wealth-X's Middle East Rich List. King Abdullah bin Abdul Aziz of

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