Kingdom Holding Company

The Kingdom Holding Company (KHC; ) 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]

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 an 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.

• 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, entertainment company (100%) (Saudi Arabia)
• xAI (minority stake)[6]

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]

External links