Monday 29 August 2016
 
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Alwaleed

Saudi billionaire puts Four Seasons Toronto up for sale

The Four Seasons Toronto, a luxury hotel in the city's downtown, is up for sale and could fetch as much as C$250 million ($193 million), in what would be one of the most-expensive deals ever for a hotel in Canada, two sources familiar with t

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Prince Alwaleed takes 'Giving Pledge'

Saudi billionaire Prince Alwaleed Bin Talal bin Abdulaziz AlSaud has become the first Arab Muslim to take the Giving Pledge, according to an annoucement by Alwaleed Philanthropies (AP). The pledge follows Prince Alwaleed’s a

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Alwaleed Philanthropies funds humanitarian centres

Saudi-based charity organisation Alwaleed Philanthropies has donated over $29 million dollars to the Humanitarian Leadership Academy to launch ten humanitarian rapid-response centres across the world. The centres will offer the next gen

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French SWFs acquire $150m stake in KHC

Leading French sovereign funds and companies have jointly acquired a major stake in Saudi Arabia's Kingdom Holding, the investment firm owned by billionaire Prince Alwaleel. As per the agreement with KHC, the sovereign fund CD

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Kingdom Holding Q3 net profit up 10pc

Saudi Arabia's Kingdom Holding, the investment firm owned by billionaire Prince Alwaleed bin Talal, posted a 10 per cent rise in third-quarter net profit amid an increase in returns on its investments. The investment firm has

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Prince Alwaleed, UNHCR hold talks

Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, chairman of Alwaleed Philanthropies, received at his office in Riyadh António Guterres, United Nations High Commissioner for Refugees (UNHCR) and Former Portuguese Prime Minister, who was ac

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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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