Kingdom Holding Company













































Kingdom Holding Company
شركة المملكة القابضة
Type
 Saudi Joint Stock Company
Traded as
Tadawul: 4280
Industry
Diversified investments
Conglomerate
Founded 1980; 38 years ago (1980)
Headquarters
Riyadh, Saudi Arabia
Key people
 HRH Prince Alwaleed Bin Talal, Chairman
Eng. Talal Ibrahim Al Maiman, CEO
Owner
Al-Waleed bin Talal (95%)
Website www.kingdom.com.sa

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 and chairman, HRH Prince Alwaleed bin Talal and Chief Executive Officer, Eng. Talal Ibrahim Al Maiman. 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.


Present investments include:[1]




  • Four Seasons Hotels & Resorts (Canada-based) (owns 45% with Cascade Investment, LLC, and others)[2]


  • Fairmont Raffles Swissotel (minority ownership with Accor)


  • Hotel George V (100%) (France)


  • KADCO Egypt (100%) (Egypt)


  • Kingdom Hospital-Consulting Clinics[citation needed] (100%) (Saudi Arabia)


  • Kingdom Hotels Investments, (100%) (Saudi Arabia)


  • Kingdom Schools (100%) (Saudi Arabia)


  • Lebanese Broadcasting Corporation (100%) (Lebanon)


  • Lyft (US)[3]


  • Mövenpick Hotels & Resorts (33%) (Switzerland[citation needed])


  • Flynas (100%) (Saudi Arabia)


  • National Industrialization Company (100%) (Saudi Arabia)


  • Rotana Group (Arabic: روتانا), the Arab world's largest entertainment company (100%) (Saudi Arabia)


  • The Savola Group (100%) (Saudi Arabia)


  • Saudi Research & Marketing Group (100%) (Saudi Arabia)


Past investments include:[1]




  • 21st Century Fox (6% minority stake, sold in 2017)


  • 360buy (China / now publicly traded as JD.com)


  • Amazon (US)


  • AOL / Time Warner (US)


  • Apple (US)


  • Canary Wharf (UK)


  • Citigroup (US)


  • The Coca-Cola Company (US)


  • Compaq (US)


  • eBay (US)


  • EuroDisney (France / now owned by The Walt Disney Company on a 87.15%[4])


  • Ford (US)


  • Hewlett-Packard (US)


  • McDonald's (US)


  • Motorola Mobility (US)


  • News Corporation (US)


  • PepsiCo (US)


  • Priceline.com (US)


  • Procter & Gamble (US)


  • Saks Incorporated (US)


  • SAMBA, Saudi American Bank (US)


  • Marvel Comics (US)


  • The Walt Disney Company (US)


  • Twitter[5] (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.[6]


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,[7] however according to the Kingdom Holding's chief financial officer the plane has been sold.[8]


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.[9]


In August 2011, the company announced plans for the construction of Jeddah Tower, which will become the tallest building in the world.[10]




References





  1. ^ ab "Saudi Kingdom Holding Company". Archived from the original on 2012-01-26. Retrieved Jan 19, 2012..mw-parser-output cite.citation{font-style:inherit}.mw-parser-output q{quotes:"""""""'""'"}.mw-parser-output code.cs1-code{color:inherit;background:inherit;border:inherit;padding:inherit}.mw-parser-output .cs1-lock-free a{background:url("//upload.wikimedia.org/wikipedia/commons/thumb/6/65/Lock-green.svg/9px-Lock-green.svg.png")no-repeat;background-position:right .1em center}.mw-parser-output .cs1-lock-limited a,.mw-parser-output .cs1-lock-registration a{background:url("//upload.wikimedia.org/wikipedia/commons/thumb/d/d6/Lock-gray-alt-2.svg/9px-Lock-gray-alt-2.svg.png")no-repeat;background-position:right .1em center}.mw-parser-output .cs1-lock-subscription a{background:url("//upload.wikimedia.org/wikipedia/commons/thumb/a/aa/Lock-red-alt-2.svg/9px-Lock-red-alt-2.svg.png")no-repeat;background-position:right .1em center}.mw-parser-output .cs1-subscription,.mw-parser-output .cs1-registration{color:#555}.mw-parser-output .cs1-subscription span,.mw-parser-output .cs1-registration span{border-bottom:1px dotted;cursor:help}.mw-parser-output .cs1-hidden-error{display:none;font-size:100%}.mw-parser-output .cs1-visible-error{font-size:100%}.mw-parser-output .cs1-subscription,.mw-parser-output .cs1-registration,.mw-parser-output .cs1-format{font-size:95%}.mw-parser-output .cs1-kern-left,.mw-parser-output .cs1-kern-wl-left{padding-left:0.2em}.mw-parser-output .cs1-kern-right,.mw-parser-output .cs1-kern-wl-right{padding-right:0.2em}


  2. ^ Kingdom Holding Company website accessed Nov. 21, 2016 http://www.kingdom.com.sa/investments/hotels/management-companies/four-seasons-hotels-and-resorts


  3. ^ Reuters (December 24, 2015). "Saudi's Kingdom Holding among group investing $247.7 million in Lyft". Retrieved September 5, 2016.


  4. ^ "Salon Mickey Blog". Salon Mickey Blog. Retrieved 2017-06-06.


  5. ^ "Saudi Prince Pumps $300 Million Into Twitter". TechCrunch. 18 December 2011. Retrieved 18 December 2011.


  6. ^ First Saudi Female Pilot Lands Job With Kingdom Holding , M. Ghazanfar Ali Khan, Arab News, 24 November 2004, retrieved 9 October 2009 Archived May 27, 2006, at the Wayback Machine.


  7. ^ "HRH Prince Alwaleed bin Talal places first order for A380 flying palace" (Press release). Airbus. 12 November 2007. Retrieved 4 April 2011.


  8. ^ Prince Alwaleed bin Talal insulted at only being No 26 on Forbes rich list • The Guardian, 5 March 2013.


  9. ^ "Kingdom Holding Sells Stake in Raffles". dealbook.nytimes.com. Retrieved 20 September 2012.


  10. ^ "Kingdom Holding Contracts Construction of World's Tallest Tower". www.azobuild.com. 2011. Retrieved 25 August 2011.




External links


  • Kingdom Holding Company



-

Popular posts from this blog

Italian cuisine

Image
"Italian restaurant" redirects here. For the television series, see Italian Restaurant. Some typical Italian gastronomic products in a window display in Imola Pizza is one of the world's most popular foods and a common fast food item Part of a series on the Culture of Italy History People Languages Traditions Mythology and folklore Mythology folklore Cuisine Festivals Religion Art Literature Music and performing arts Music Media Television Cinema Sport Monuments World Heritage Sites Symbols Flag Coat of arms Italy portal v t e Italian cuisine History Ancient Roman cuisine Medieval cuisine Early modern cuisine Contemporary cuisine Regional cuisines Apulian cuisine Lombard cuisine Neapolitan cuisine Roman cuisine Sicilian cuisine Venetian cuisine Cuisine of Abruzzo Cuisine of Sardinia Lists Chefs Dishes Pas...
Read more

Bulgarian cuisine

Image
Part of a series on Bulgarians .mw-parser-output .nobold{font-weight:normal} българи Culture Literature Music Art Cinema Names Cuisine Dances Costume Sport Public holidays in Bulgaria By country Albania Australia Canada Czechoslovakia Greece New Zealand Romania Serbia South America Turkey Ukraine United States Bulgarian citizens France Germany Hungary Italy Lebanon Lithuania Macedonia Spain United Kingdom Subgroups Anatolian Balkanian Banat Bulgarians Bessarabian Bulgarian Dobrujans Macedonian Ruptsi Balkandzhii Pomaks (Bulgarian Muslims) Thracian Shopi/Torlaks Şchei Religion Bulgarian Orthodox Church Islam Catholic Church Protestant denominations Language Bulgarian Dialects Banat Bulgarian Other List of Bulgarians People of Bulgarian descent v t e Tarator is a cold soup made of yogurt, water, minced cucumber, dill, garlic, and sunflower or olive oil (Chips are...
Read more

Carrot

Image
Root vegetable, usually orange in color This article is about the cultivated vegetable. For other uses, see Carrot (disambiguation). Carrot Scientific classification Kingdom: Plantae Clade : Angiosperms Clade : Eudicots Clade : Asterids Order: Apiales Family: Apiaceae Genus: Daucus Species: D. carota Subspecies: D. c. subsp. sativus Trinomial name Daucus carota subsp. sativus (Hoffm.) Schübl. & G. Martens The carrot ( Daucus carota subsp. sativus ) is a root vegetable, usually orange in colour, though purple, black, red, white, and yellow cultivars exist. [1] Carrots are a domesticated form of the wild carrot, Daucus carota , native to Europe and southwestern Asia. The plant probably originated in Persia and was originally cultivated for its leaves and seeds. The most commonly eaten part of the plant is the taproot, although the stems and leaves are eaten as well. The domestic carrot ha...
Read more