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
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
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’
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,
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.
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
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
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
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.
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