Kingdom Holding raising millions from loan
Kingdom, which has minority stakes in some of the world's top companies including Citigroup Inc, had initially planned a bond issue, but decided to go for the loan instead.
October 7, 2012 3:18
Saudi Prince AlWaleed’s Kingdom plans bond sale
Kingdom Holding Co , the investment vehicle of Saudi billionaire Prince Alwaleed bin Talal, will seek shareholders approval to tap debt markets through sale of either conventional or Islamic bonds, the company said in a statement.
March 1, 2012 2:00
Saudi’s Kingdom Holding Q4 net profit falls 19.9 percent
Kingdom Holding Co, the investment vehicle of Saudi billionaire Prince Alwaleed bin Talal, posted a 19.9 percent decline in fourth-quarter net profit due to a decreased performance by associated hotels, it said on Saturday.
January 22, 2012 11:21
Alwaleed’s Kingdom to build world’s tallest tower
Kingdom Holding, owned by Prince Alwaleed bin Talal, said on Tuesday an associate firm signed a contract worth 4.6 billion riyals ($1.23 billion) with Bin Laden Group to build the world's tallest tower in Jeddah.
August 2, 2011 12:04
Zain Saudi deal could be completed in eight weeks -Batelco CEO
Despite losses forecast in Q2 for Zain Saudi, Batelco’s deal to buy the telco firm in a $950m JV with Kingdom Holding is expected to wrap up in two months.
July 14, 2011 1:00Alwaleed, Kingdom invest $400 mln in Glencore IPO
Kingdom Holding investment represents 3.6 per cent in addition to existing share worth $600 million.
May 24, 2011 10:33Kingdom Holding Reports Net Income of SR605 million
Kingdom Holding Reports Net Income of SR605 million for the Year 2010 a 50.3% increase over 2009.
January 18, 2011 10:27Kingdom Holding to pay its first annual cash dividend
Saudi investment firm Kingdom Holding plans to pay its first annual cash dividend from accumulated retained earnings, amounting to $146.7 million.
December 18, 2010 3:06Saudi prince eyes Qatar Holding partnership
Kingdom Holding and Qatar Holding meet to discuss potential collaborations.
June 20, 2010 2:45Kingdom Holding sells Fairmont stake to Qatar
Prince Alwaleed bin Talal’s investment company strikes $847 million deal with Qatari Diar.
April 5, 2010 7:14
Emaar denies Saudi deal
The property developer denied on Sunday that it will build Saudi’s kilometer-high tower. So much for yesterday’s market rally.
June 15, 2009 10:02
Arabtec workers: strike will continue
Employees say no promises for higher wages have yet been made.
May 21, 2013 11:57
Kuwait: expats sent packing
The state plans to get tough and reduce the number of foreign residents.
May 20, 2013 5:05
Dubai Labourers on 'rare' labour protest
Two Arabtec employees who asked not to be identified said several thousand workers engaged on various projects did not report for duty on Sunday.
May 20, 2013 9:33
A maid's wage
An FNC member to argue that minimum wages are 'taking advantage' of employers.
May 20, 2013 4:24
Taking on Abercrombie & Fitch
Controversial views from the clothing company's CEO causes huge backlash.
May 16, 2013 2:43