Saudi Arabia's Kingdom Holding, the investment firm owned by billionaire Prince Alwaleed bin Talal, posted a 12.6 per cent rise in second-quarter net profit on Sunday as its income increased and costs fell.
Kingdom has minorit
Saudi billionaire Prince Alwaleed bin Talal says he will not sell any of his shares in microblogging site Twitter when it goes public, and expects the firm's IPO to hit the market later this year or in early
Saudi billionaire Prince Alwaleed bin Talal said he believes that News Corp will emerge from the current crisis and that he does not plan to sell any of his shares in the company.
Alwaleed, who says his Kingdom Holding is the second bigges
Bahrain Telecommunications' (Batelco) joint $950 million bid for a stake in telco Zain Saudi has hit a snag over management rights, a source familiar with the matter said on Sunday.
Kuwaiti group Zain agreed to sell the 25 percent