KHC

Alwaleed tops 50 Most Influential Arabs list

Riyadh - Arab Today

Prince Alwaleed bin Talal, chairman of Kingdom Holding Company (KHC), has been ranked number one for seven consecutive years in Middle East Magazine’s 2015 list of the World’s 50 Most Influential Arabs. Prince Alwaleed is known for his precision for exploring new and potential business opportunities and ventures in synchronization with the direction and fluctuations of the economic climate. Moreover,Read more

Kingdom Holding sells its interest in Four Seasons Hotel Toronto for SR645m

Riyadh - Arab Today

Kingdom Holding Company (KHC), chaired by Prince Alwaleed bin Talal, announced that it has successfully completed the sale of its ownership stake in Four Seasons Hotel Toronto. The transaction closed on Sept. 30, 2016 for a gross consideration of C$225 million. The property was sold to family holding entities related to Shahid Khan, founder of Flex-N-Gate Group and CEO ofRead more

Alwaleed boosts Italian ties

Riyadh - Arab Today

Prince Alwaleed bin Talal, chairman of Kingdom Holding Company (KHC), received Angelino Alfano, Italian minister of interior, at the prince’s private yacht in Sicily in Italy. Hassna Alturki, executive manager for International Relations to the chairman, and Hani Agha, head of travel and external affairs manager, also attended the meeting. The minister welcomed Prince Alwaleed in Italy. During the meeting,Read more

$3.2bn deal: Kingdom Holding now 5.8% owner of AccorHotels

Riyadh - Arab Today

Kingdom Holding Company (KHC), chaired by Prince Alwaleed bin Talal, announced that it has successfully completed the combination of its Fairmont Raffles luxury hotel platform with France-based hospitality group AccorHotels. The transaction completion comes after the announcement on Dec. 9, 2015 that AccorHotels had signed an agreement with KHC, Qatar Investment Authority (QIA), and Oxford Properties, an Ontario pension fundRead more

Alwaleed receives Korean envoy

Riyadh - Arab Today

Prince Alwaleed bin Talal, chairman of Kingdom Holding Company (KHC), received Pyung-oh Kwon, Korean ambassador to Saudi Arabia, at the prince’s office in Riyadh. Hassna Alturki, executive manager for international relations to the chairman, Hani Agha, head of travel and external affairs department, Fahad bin Nafel, senior executive assistant to the chairman and Ahmed Altobaishi, executive assistant to the prince,Read more

Sri Lanka keen to attract Alwaleed’s investments

Riyadh - Arab Today

Prince Alwaleed bin Talal, chairman of Kingdom Holding Company (KHC), received a delegation led by Mohamed Azmi Thassim, ambassador of Sri Lanka to Saudi Arabia, at the prince’s office in Riyadh. Hassna Alturki, executive manager for international relations to chairman, Fahad bin Nafel, senior executive assistant to the chairman and Ahmed Altobaishi, executive assistant to the prince, also attended theRead more

Prince Alwaleed and Italian envoy discuss investments

Riyadh - Arab Today

Prince Alwaleed bin Talal, chairman of Kingdom Holding Company (KHC), received at his office in Riyadh Luca Ferrari, ambassador of Italy to Saudi Arabia. Fahad bin Nafel, senior executive assistant to the chairman, and Ahmed Altobaishi, executive assistant, attended the meeting. The talks began as the ambassador thanked the prince for giving him the opportunity to meet with him asRead more

Alwaleed urged to boost investments in Malaysia

Riyadh - Arab Today

Prince Alwaleed bin Talal, chairman of Kingdom Holding Company (KHC), visited Malaysia and met with Najib Razak, Malaysian prime minister. Hassna Alturki, executive manager for international relations to the chairman, also attended the meeting. During the meeting, the two discussed a number of social and economic issues. The meeting also focused on investment issues and the minister invited Prince AlwaleedRead more