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Kingdom Holding Company

From Wikipedia, the free encyclopedia
Saudi conglomerate holding company

Kingdom Holding Company
Native name
شركة المملكة القابضة
Company typeJoint-stock company
Tadawul4280
ISINSA31RG522S19 Edit this on Wikidata
Founded1980; 45 years ago (1980)
Headquarters,
Key people
Revenue1,759,917,000 Saudi riyal (2019) Edit this on Wikidata
2,498,508,000 Saudi riyal (2023) Edit this on Wikidata
988,243,000 Saudi riyal (2023) Edit this on Wikidata
AUMUS$ 13.6billion (2022)[1]
Total assets54,098,335,000 Saudi riyal (2023) Edit this on Wikidata
Owner
Websitewww.kingdom.com.sa

TheKingdom Holding Company (KHC;Arabic:شركة المملكة القابضة‎) is a Saudiholding company, based inRiyadh andlisted on theSaudi stock exchange.

KHC's founder and current chairman is PrinceAl-Waleed bin Talal,[2] while Engineer Talal Ibrahim Al Maimand serves as chief executive officer.[3]

Investments

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The company's investments are spread infinancial services,real estate,tourism andhospitality,media,entertainment,petrochemicals,aviation andtechnology.

Current investments include:[4]

KHC had previously invested in21st 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 an 87.15%;[7]Mövenpick Hotels & Resorts (Switzerland / 33% minority stake, sold in 2018 toAccor[8]);X Corp. (US / minority stake, now owned by xAI);[9][10][11] and in many others.

Other endeavors

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The company hired the first Saudi femalecommercial pilot, CaptainHanadi Zakaria al-Hindi, who trained at the Mideast Aviation Academy inJordan.[12]

References

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  1. ^"Kingdom Holding Company (KHC) - Top 100 Listed Companies In The Middle East 2022- Forbes Lists".
  2. ^"Saudi Arabia is giving itself an extreme makeover with 'giga-projects.' Will it work?".Los Angeles Times. 12 January 2023. Retrieved4 December 2023.
  3. ^East, Forbes Middle."Talal Ibrahim Al Maiman: Looking Ahead".Forbes ME. Retrieved21 May 2025.
  4. ^"Saudi Kingdom Holding Company". Archived fromthe original on 26 January 2012. Retrieved19 January 2012.
  5. ^"Kingdom Holding".kingdom.com.sa. Retrieved25 January 2023.
  6. ^"Saudi Arabia's Kingdom Holding Buys $400 Million Stake in xAI".english.aawsat.com. Retrieved18 April 2025.
  7. ^"Salon Mickey Blog".Salon Mickey Blog. Retrieved6 June 2017.
  8. ^"AccorHotels completes acquisition of Mövenpick Hotels & Resorts".group.accor.com. Retrieved10 October 2021.
  9. ^"Saudis 'second largest investors' in Twitter after Musk takeover".Al Jazeera. 28 October 2022.
  10. ^Wagdy, Lilian (28 October 2022)."Saudi's Kingdom Holding company to maintain Twitter stake".Reuters.
  11. ^O'Flaherty, Kate."Elon Musk's xAI Buys X — Here's What That Means For You".Forbes. Retrieved18 April 2025.
  12. ^First Saudi Female Pilot Lands Job With Kingdom Holding, M. Ghazanfar Ali Khan,Arab News, 24 November 2004, retrieved 9 October 2009Archived 27 May 2006 at theWayback Machine

External links

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