Kingdom Holding Company (KHC), the investment firm of Saudi Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, said it has successfully taken over Kingdom Hotel Investments (KHI) after 94 per cent shareholders accepted its $5 per share offer.
IFA Hotels & Resorts (IFA HR) said it has successfully completed three share transfers with its joint investment partner Kingdom Hotel Investments (KHI).
The two companies transferred minority interests in three of their international
Kingdom Hotel Investments (KHI) said net profit for the six months ended June 30, 2008 reached $20.6 million.
The figure was an increase of eight per cent compared with the $19.1 million it posted during the same period a year ago.
IFA Hotels & Resorts (IFA HR) and its strategic partner Kingdom Hotel Investments (KHI) have opened a new resort in Zanzibar.
The hotel was inaugurated in the presence of president of Zanzibar and chairman of the Revolutionary Cou
Kingdom Hotel Investments (KHI), a leading hotel and resort investment company, has acquired the Fours Seasons Hotel Jakarta for $48 million.
The acquisition is KHI’s first in Indonesia and reflects the group’s investment and diversificat