Friday 24 May 2013
 
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KHC

Kingdom Holding Q1 income tops $29m

Riyadh-based Kingdom Holding Company (KHC) has posted a net income of SR110.1 million ($29.3 million) for the first quarter of the year, marking an increase of more than 9.2 per cent over last year’s first quarter results. P

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Kingdom sells Plaza Hotel stake for $575m

  Kingdom Holding Company (KHC) has announced the completion of a $575 million deal to sell The Plaza Hotel in New York.   As part of the transaction, Sahara India Pariwar and Fiverivers Properties

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World's tallest tower project wins approval

The final licence to construct the world’s tallest tower with a height of over 1,000 metres at total cost of SR4.6 billion ($1.2 billion) in Jeddah, has been issued, the Kingdom Holding Company (KHC) has announced. Kingdom Tower will be th

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KHC plans Riyadh project expansion

Kingdom Holding Company (KHC), the investment company chaired by Saudi Prince Alwaleed, has announced the expansion of its key project in Riyadh, Kingdom Centre (Trade Centre) at an investment of SR43.8 million ($11.6 million). The Ki

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KHC outlines investment strategy

Kingdom Holding Company (KHC) held a key meeting of its senior officials to outline its diversified investment strategy, long term vision for growth and future prospective investment opportunities. The meeting, chaired by Prince Alwaleed B

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KHC invests $50m into Nigerian energy firm

Kingdom Holding Company, the investment firm chaired by Saudi Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, has announced a $50 million investment into First Hydrocarbon Nigeria (FHN), a leading upstream oil and gas company in Nigeria. F

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Prince Alwaleed backs Bahrain's economy

Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, chairman of Kingdom Holding Company (KHC), met His Majesty King Hamad Bin Isa Al Khalifa and affirmed confidence in his leadership and the economy of Bahrain. During his visit, Prince Alwalee

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Batelco, Kingdom make joint bid for Zain KSA

Batelco, Bahrain's leading telecom company, and the Saudi-based Kingdom Holding Company have decided to make a combined bid for a 25 per cent stake in Zain Saudi Arabia, a statement said. Following preliminary discussions with Batelco

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KHC in deal to manage Riyadh luxury hotel

Kingdom Holding Company (KHC), a leading Saudi-based investment firm, said it has signed a deal to manage Fairmont Riyadh, Business Gate, a new 287-room luxury hotel in Riyadh which is set to open in late 2012. Located just north of the Sa

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Kingdom awards key project design contract

Saudi-based Kingdom Holding Company (KHC) has awarded architectural consultancy firm Omrania the contract to design the master plan of its  'Kingdom Riyadh Land,' a mixed use residential and commercial development spread over 16 million sq m.

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