Thursday 28 March 2024
 
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KHC

KHC names Saudis for two key positions

Kingdom Holding Company (KHC) has appointed two Saudi professionals for two senior positions in the company.   Adel Bin Abdulaziz Alabdulsalam has been appointed as executive director for finance and administrati

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Kingdom Holding 'continues normal business ops'

Kingdom Holding Company (KHC) has announced that it is continuing its normal business operations despite various media reports relating to the company’s chairman.   It has been reported that Prince Alwaleed

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Kingdom Holding buys 16.2pc stake in Banque Saudi Fransi

Saudi Arabia’s Kingdom Holding Company (KHC) announced today it will acquire 16.2 per cent stake in Banque Saudi Fransi for approximately SR5.8bn ($1.5 billion), positioning KHC as the largest shareholder in the bank. KHC wi

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KHC nets $61m from Euro Disney share swap deal

Saudi Arabia's Kingdom Holding Company, the investment firm owned by billionaire Prince Alwaleed bin Talal, said it has swapped nine per cent of Euro Disney company shares into Walt Disney Company while maintaining its one per cent direct ow

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KHC nets $61m from Euro Disney share swap deal

Saudi Arabia's Kingdom Holding Company, the investment firm owned by billionaire Prince Alwaleed bin Talal, said it has swapped nine per cent of Euro Disney company shares into Walt Disney Company while maintaining its one per cent direct ow

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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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KHI sells 75pc stake in Fairmont Kenya

Kingdom Hotel Investments (KHI), a unit of diversified Saudi Arabian conglomerate Kingdom Holding Company (KHC), sold its 75 per cent stake in the Fairmont Mount Kenya Safari Club to a private Kenyan company for SR 68 million ($18.1 million).

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KHI sells 50pc stake in Four Seasons Mauritius

Kingdom Hotel Investments (KHI), a unit of diversified Saudi Arabian conglomerate Kingdom Holding Company (KHC), has sold a 50 per cent stake in the Four Seasons Resort Mauritius at Anahita to hospitality group Sun Resorts. The Fo

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KHI sells Mövenpick Bur Dubai stake for $95m

Kingdom Hotel Investments (KHI), a wholly owned subsidiary of Saudi Arabia-based Kingdom Holding Company (KHC), sold its 100 percent interest in the Mövenpick Hotel and Apartments Bur Dubai to an UAE-based investment company for SR360 milli

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French President meets Alwaleed in Paris

French President François Hollande and Prince Alwaleed Bin Talal, chairman of Kingdom Holding Company (KHC) of Saudi Arabia, recently discussed bilateral investment issues at a meeting in Paris. The two leaders met at the F

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