INSEAD Day 4 - 728x90

$1.59bn Makkah project awarded

A consortium will develop two districts in the Holy City.

2PointZero posts profit surge

Growth driven by merger consolidation.

Mashreq Q1 profit rises

Total revenue increased 10% year-on-year.

TECOM profit climbs

High occupancy across assets boosts earnings.

Emirates Stallions Q1 revenue up 11%

The rise helped by strong demand in real estate

Saudi Arabia’s Kingdom Holding to invest $3.4bn in next 3 years

Kingdom Holding is owned by Prince Alwaleed Bin Talal.
  • The company completed its earlier investment program during the period between the second quarter of 2020 and Q2 2022
  • It invested in diverse sectors with a proven track-record of growth and strong financial position

Kingdom Holding Co.is investing SR12.8 billion ($3.4 billion) for the next three years, according to a company’s bourse filing.

The company  completed its earlier investment program during the period between the second quarter of 2020 and Q2 2022,  investing in companies operating in diverse sectors with a proven track-record of growth and strong financial position.

The company’s  investments amounted to SR4.33 billion in 2020, SR3.75 billion in 2021 and SR4.73 billion in 2022.