Supriya Ghosh (Editor)

Kingdom Holding Company

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Website
  
www.kingdom.com.sa

Headquarters
  
Riyadh, Saudi Arabia

Founded
  
1980

Owner
  
Al-Waleed bin Talal

Founder
  
Al-Waleed bin Talal

Type
  
Holding company


Industry
  
Diversified investments Conglomerate

Key people
  
Al-Waleed bin Talal, chairman and CEO

Stock price
  
4280 (TADAWUL) SAR 10.60 -0.10 (-0.93%)14 Mar, 11:38 AM GMT+3 - Disclaimer

Subsidiaries
  
Kingdom Hotel Investments

Profiles

Kingdom holding company tv spot 4


The Kingdom Holding Company (Arabic: شركة المملكة القابضة‎‎) is a Saudi conglomerate holding company based in Riyadh. The Kingdom Holding Company (KHC) is a publicly listed company on the Tadawul (Saudi Stock Exchange). The KHC consists of a select team of experienced investment specialists directed by its founder, Al-Waleed bin Talal. The company describes itself as a diversified investment company, whose main interests are financial services, real estate, tourism and hospitality, media, entertainment, petrochemicals, aviation and technology.

Contents

Its investments include (or have included):

  • 360buy (past) (China / now publicly traded as JD.com)
  • Amazon (past) (US)
  • AOL / Time Warner (past) (US)
  • Apple (past) (US)
  • Canary Wharf (past) (UK)
  • Citigroup (past) (US)
  • Coca-Cola (past) (US)
  • Compaq (past) (US)
  • eBay (past) (US)
  • EuroDisney (past) (France / now fully owned by The Walt Disney Company)
  • Four Seasons Hotels & Resorts (Canada-based) (owns 45% with Cascade Investment, LLC, and others)
  • Fairmont Raffles Swissotel (minority ownership with Accor)
  • Ford (past) (US)
  • Hotel George V (present / 100%) (France)
  • Hewlett-Packard (past) (US)
  • KADCO Egypt (present / 100%) (Egypt)
  • Kingdom Hospital-Consulting Clinics (present / 100%) (Saudi Arabia)
  • Kingdom Hotels Investments, (present / 100%) (Saudi Arabia)
  • Kingdom Schools (present / 100%) (Saudi Arabia)
  • Lebanese Broadcasting Corporation (present / 100%) (Lebanon)
  • Lyft (present) (US)
  • McDonald's (past) (US)
  • Motorola Mobility (past) (US)
  • Mövenpick Hotels & Resorts (present / 33%) (Germany)
  • Flynas (present / 100%) (Saudi Arabia)
  • National Industrialization Company (present / 100%) (Saudi Arabia)
  • News Corporation (past) (US)
  • PepsiCo (past) (US)
  • Priceline.com (past) (US)
  • Procter & Gamble (past) (US)
  • Rotana Group (Arabic: روتانا), the Arab world's largest entertainment company (present / 100%) (Saudi Arabia)
  • Saks Incorporated (past) (US)
  • The Savola Group (present / 100%) (Saudi Arabia)
  • SAMBA, Saudi American Bank (past) (US)
  • Marvel Comics (past) (US)
  • Saudi Research & Marketing Group (present / 100%) (Saudi Arabia)
  • The Walt Disney Company (past) (US)
  • Twitter (past) (US)
  • The company is known for hiring the first Saudi female commercial pilot, Captain Hanadi Zakaria al-Hindi, who trained at the Mideast Aviation Academy in Jordan.

    It is the owner of and was the lead developer of the Kingdom Centre in Riyadh, Saudi Arabia.

    Kingdom Holding is an active investor in sub-saharan Africa through Kingdom Africa Management, a private equity firm and subsidiary based in South Africa, Ghana and Nigeria. Kingdom Africa is run by J. Kofi Bucknor and focuses on growth equity investments.

    In 2007, the company committed to purchasing an Airbus A380 "Flying Palace" for $485 million, however according to the Kingdom Holding's chief financial officer the plane has been sold.

    In April 2010, the company sold part of its stake in Raffles Holdings International in a deal worth about $847 million. to a group of investors, including an affiliate of Qatar’s sovereign wealth fund.

    In August 2011, the company announced plans for the construction of Jeddah Tower, which will become the tallest building in the world.

    Kingdom holding company 747 departs boston logan


    References

    Kingdom Holding Company Wikipedia