Search Site

Trends banner

Oracle shares up 35%

Huge AI contracts lead to the surge.

ADCB to raise $1.66bn

The rights issue aimed at boosting growth.

EGA H1 revenue $4.11bn

Net profit before GAC $445 million.

Borouge to pay $660m H1 dividend

Its net profit for H1 was $474 million.

TAQA secures $2.31bn loan

It will be utilized in a phased manner.

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.