Company Insights Kingdom Holding Company Banking & Finance Kingdom Holding Company News FII Tourism Red Sea Global links up with Kingdom for $530m resort Red Sea Global and Kingdom Holding Company have agreed a SAR2 billion ($530 million) joint venture to develop and own a Four Seasons resort at the Red Sea giga-project. The luxury development, scheduled to open in early 2025, will be built on Shura Island, the main hub of the 22-island giga-project. The Four Seasons resort […] October 24, 2023 Construction Doubts still swirl around completion of Jeddah Tower No final decision has been taken on construction the Jeddah Tower in Saudi Arabia, despite reports that building work on the controversial project had restarted. The planned skyscraper, which was set to be the tallest building in the world, was announced in 2009 by Kingdom Holding. Work stopped in 2017, however, after only a few […] October 3, 2023 Banking & Finance Saudi Twitter backer KHC enjoys 996% soar in profits Shares in Prince Alwaleed Bin Talal’s Kingdom Holding Company (KHC) rose 3.2 percent in early trading today as the Saudi firm on Wednesday reported a 996 percent year-on-year increase in earnings for the first nine months of 2022. The investment holding firm, which is 16.87 percent owned by the Saudi sovereign wealth fund, the Public […] November 10, 2022 Analysis Banking & Finance Kingdom Holding bucks European investment exit trend Saudi Arabia’s Kingdom Holding Company is investing $269 million in British insurance and asset management firm M&G Plc, despite the trend towards Middle East sovereign wealth funds backing away from Europe. M&G has over $370 billion in assets under management. Kingdom is part-owned by Saudi Arabia’s Public Investment Fund (PIF), manages a global portfolio of […] July 22, 2022 Posts navigation Previous 1 2 3
FII Tourism Red Sea Global links up with Kingdom for $530m resort Red Sea Global and Kingdom Holding Company have agreed a SAR2 billion ($530 million) joint venture to develop and own a Four Seasons resort at the Red Sea giga-project. The luxury development, scheduled to open in early 2025, will be built on Shura Island, the main hub of the 22-island giga-project. The Four Seasons resort […] October 24, 2023
Construction Doubts still swirl around completion of Jeddah Tower No final decision has been taken on construction the Jeddah Tower in Saudi Arabia, despite reports that building work on the controversial project had restarted. The planned skyscraper, which was set to be the tallest building in the world, was announced in 2009 by Kingdom Holding. Work stopped in 2017, however, after only a few […] October 3, 2023
Banking & Finance Saudi Twitter backer KHC enjoys 996% soar in profits Shares in Prince Alwaleed Bin Talal’s Kingdom Holding Company (KHC) rose 3.2 percent in early trading today as the Saudi firm on Wednesday reported a 996 percent year-on-year increase in earnings for the first nine months of 2022. The investment holding firm, which is 16.87 percent owned by the Saudi sovereign wealth fund, the Public […] November 10, 2022
Analysis Banking & Finance Kingdom Holding bucks European investment exit trend Saudi Arabia’s Kingdom Holding Company is investing $269 million in British insurance and asset management firm M&G Plc, despite the trend towards Middle East sovereign wealth funds backing away from Europe. M&G has over $370 billion in assets under management. Kingdom is part-owned by Saudi Arabia’s Public Investment Fund (PIF), manages a global portfolio of […] July 22, 2022
