Kingdom Holding Company
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The Kingdom Holding Company (KHC; Template:LangxTemplate:Lrm) is a Saudi conglomerate holding company, based in Riyadh and listed on the Saudi stock exchange.
KHC's founder and current chairman is Prince Al-Waleed bin Talal[1] while Engineer Talal Ibrahim Al Maimand serves as chief executive officer.[2]
Investments
The company's investments are spread in financial services, real estate, tourism and hospitality, media, entertainment, petrochemicals, aviation and technology.
Current investments include:[3]
- Four Seasons Hotels & Resorts (Canada-based) (owns 23.75% with Cascade Investment, LLC, and others)[4]
- Fairmont Raffles Swissotel (minority ownership with Accor)
- Hotel George V (100%) (France)
- National Industrialization Company (100%) (Saudi Arabia)
- Rotana Group (Template:LangxTemplate:Lrm), the Arab world's largest entertainment company (100%) (Saudi Arabia)
- xAI (minority stake)[5]
KHC had previously invested in 21st Century Fox (US / 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); Euro Disney S.A.S. (France / now owned by The Walt Disney Company on a 87.15%[6]; Mövenpick Hotels & Resorts (Switzerland / 33% minority stake, sold in 2018 to Accor[7]); X Corp. (US / minority stake, now owned by xAI)[8][9][10]; and in many others.
Other endeavors
The company hired the first Saudi female commercial pilot, Captain Hanadi Zakaria al-Hindi, who trained at the Mideast Aviation Academy in Jordan.[11]
References
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- ↑ First Saudi Female Pilot Lands Job With Kingdom Holding, M. Ghazanfar Ali Khan, Arab News, 24 November 2004, retrieved 9 October 2009 Template:Webarchive
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External links
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- Pages with script errors
- Companies listed on Tadawul
- Companies based in Riyadh
- Economic history of Saudi Arabia
- Holding companies established in 1980
- Holding companies of Saudi Arabia
- Investment companies of Saudi Arabia
- Sovereign wealth funds
- Saudi Arabian companies established in 1980
- Asset management companies