Tuesday 19 February 2019
 
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Kingdom

Aramco signs deals worth $27.5bn with suppliers

Saudi Aramco, the kingdom's oil giant, has signed 31 commercial collaborations with a total value of $27.5 billion with suppliers at the annual In Kingdom Total Value Add (IKTVA) Forum in Dhahran.   Saudi Ara

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Aramco signs deals worth $27.5bn with suppliers

Saudi Aramco, the kingdom's oil giant, has signed 31 commercial collaborations with a total value of $27.5 billion with suppliers at the annual In Kingdom Total Value Add (IKTVA) Forum in Dhahran.   Saudi Ara

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Saudi Arabia plans to build over 19,000 residential units

Saudi Arabia has announced a major housing developement programme under which more than 19,000 residential units will be built in major areas of the kingdom for beneficiaries of its Sakani scheme. The Housing Ministry, represented

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Kingdom Holding welcomes Prince Alwaleed back

The Board of Directors of Kingdom Holding Company (KHC) has welcomed back its chairman Prince Alwaleed bin Talal.   Engineer Talal Almaiman, CEO of KHC said in a statement: "We are very pleased to welcome ba

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KHC sells interest in Four Seasons Langkawi for $90m

Kingdom Holding Company (KHC) chaired by HRH Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, has sold its 90 per cent interest in the Four Seasons Resort Langkawi, Malaysia for $90 million. The shares were sold to Leisure Ventures

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Prince Alwaleed tops Most Influential Arabs list again

Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, chairman of Kingdom Holding Company (KHC) and Alwaleed Philanthropies (AP), has been ranked number one for the eighth consecutive year in the Middle East Magazine’s 2016 list of the World&rsq

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Saudi's Kingdom Holding Q2 net profit falls 22pc

Saudi Arabia's Kingdom Holding, the investment firm owned by billionaire Prince Alwaleed bin Talal, posted a 22 per cent fall in second-quarter net profit on Thursday as income from associates and dividends declined. The inves

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KHC acquires 5.8pc stake in AccorHotels

Kingdom Holding Company (KHC), chaired by Saudi billionaire Prince Alwaleed, has acquired a 5.8 per cent share in AccorHotels following the completion of a $3.2 billion deal with a representative from the hotel group's board of directors.

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Brexit costs Saudi's Kingdom Holding $40m on hotel deal

Saudi Arabia's Kingdom Holding on Tuesday said it will lose SR150 million ($40 million) from its share-swap deal with AccorHotels due to foreign currency fluctuations caused by Brexit. The investment firm of billionaire Prince

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Kingdom Holding chairman among '50 richest people'

The chairman of Kingdom Holding Company has been ranking among Business Insider's '50 Richest People on Earth' list.   Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud is known for his precision for exp

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