Kingdom Holding Company
Native name | شركة المملكة القابضة |
|---|---|
| Company type | Joint-stock company |
| Tadawul: 4280 | |
| ISIN | SA31RG522S19 |
| Founded | 1980 |
| Headquarters | , |
Key people |
|
| Revenue | 1,759,917,000 Saudi riyal (2019) |
| 2,498,508,000 Saudi riyal (2023) | |
| 988,243,000 Saudi riyal (2023) | |
| AUM | US$ 13.6 billion (2022)[1] |
| Total assets | 54,098,335,000 Saudi riyal (2023) |
| Owner |
|
| Website | www |
The Kingdom Holding Company (KHC; Arabic: شركة المملكة القابضة) is a Saudi holding company, based in Riyadh and listed on the Saudi stock exchange.
KHC's founder and current chairman is Prince Al-Waleed bin Talal[2] while Engineer Talal Ibrahim Al Maimand serves as chief executive officer.[3]
Investments
The company's investments are spread in financial services, real estate, tourism and hospitality, media, entertainment, petrochemicals, aviation and technology.
Current investments include:[4]
- Four Seasons Hotels & Resorts (Canada-based) (owns 23.75% with Cascade Investment, LLC, and others)[5]
- Fairmont Raffles Swissotel (minority ownership with Accor)
- Hotel George V (100%) (France)
- National Industrialization Company (100%) (Saudi Arabia)
- Rotana Group (Arabic: روتانا), entertainment company (100%) (Saudi Arabia)
- xAI (minority stake)[6]
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%;[7] Mövenpick Hotels & Resorts (Switzerland / 33% minority stake, sold in 2018 to Accor[8]); X Corp. (US / minority stake, now owned by xAI);[9][10][11] 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.[12]
References
- ^ "Kingdom Holding Company (KHC) - Top 100 Listed Companies In The Middle East 2022- Forbes Lists".
- ^ "Saudi Arabia is giving itself an extreme makeover with 'giga-projects.' Will it work?". Los Angeles Times. 12 January 2023. Retrieved 4 December 2023.
- ^ East, Forbes Middle. "Talal Ibrahim Al Maiman: Looking Ahead". Forbes ME. Retrieved 21 May 2025.
- ^ "Saudi Kingdom Holding Company". Archived from the original on 26 January 2012. Retrieved 19 January 2012.
- ^ "Kingdom Holding". kingdom.com.sa. Retrieved 25 January 2023.
- ^ "Saudi Arabia's Kingdom Holding Buys $400 Million Stake in xAI". english.aawsat.com. Retrieved 18 April 2025.
- ^ "Salon Mickey Blog". Salon Mickey Blog. Retrieved 6 June 2017.
- ^ "AccorHotels completes acquisition of Mövenpick Hotels & Resorts". group.accor.com. Retrieved 10 October 2021.
- ^ "Saudis 'second largest investors' in Twitter after Musk takeover". Al Jazeera. 28 October 2022.
- ^ Wagdy, Lilian (28 October 2022). "Saudi's Kingdom Holding company to maintain Twitter stake". Reuters.
- ^ O'Flaherty, Kate. "Elon Musk's xAI Buys X — Here's What That Means For You". Forbes. Retrieved 18 April 2025.
- ^ First Saudi Female Pilot Lands Job With Kingdom Holding, M. Ghazanfar Ali Khan, Arab News, 24 November 2004, retrieved 9 October 2009 Archived 27 May 2006 at the Wayback Machine
