Kingdom Holding Company

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Recent Press Releases

• On Prince Alwaleed’s behalf, Altobaishi receives Arabian Business Special Award for Philanthropy2 June 2008

  HRH Prince Alwaleed bin Talal bin Abdulaziz Alsaud, Chairman of Kingdom Holding Company (KHC) was awarded Special Award for Philanthropy by Arabian Business during the Arabian Business Saudi Achievement Awards 2008 that was held at the Four Seasons Hotel on Sunday 25^th May that was attended by dignitaries, businessmen and the media.

• Fairmont, controlled by Kingdom Holding, sold Swissotel Merchant Court with sale value of SR573 million30 May 2008

  Fairmont Raffles Hotels International in which  Kingdom Holding Company (KHC) chaired by HRH Prince Alwaleed bin Talal bin Abdulaziz Alsaud, holds a 58.1% controlling interest, has sold the Swissotel Merchant Court, Singapore for a sale value SR573 million.

• Prince Alwaleed receives American Congressmen & hosts dinner in their honor28 May 2008

  HRH Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, Chairman of Kingdom Holding Company (KHC) received at his office in Riyadh a United States Congressional delegation on Tuesday 27^th May 2008.

• Fairmont, controlled by Kingdom Holding, sold 2 hotels in Cambodia for SR131 million26 May 2008

  Fairmont Raffles Hotels International in which  Kingdom Holding Company (KHC) chaired by HRH Prince Alwaleed bin Talal bin Abdulaziz Alsaud, holds a 58.1% controlling interest, has sold the Raffles Grand D' Angkor & Le Royal, Cambodia for a sale value SR131 million.

• Prince Alwaleed bin Talal featured in 2008 Time 100 List of the World's Most Influential People25 May 2008

  HRH Prince Alwaleed bin Talal bin Abdulaziz Alsaud, chairman of Kingdom Holding Company (KHC) was featured in the 2008 Time Magazine's 100 List of the World's Most Influential People.

• Prince Alwaleed receives Ambassador Extraordinary & Plenipotentiary of People's Republic of China to23 May 2008

  HRH Prince Alwaleed bin Talal bin Abdulaziz Alsaud, chairman of Kingdom Holding Company (KHC), received at his office, Ambassador Extraordinary and Plenipotentiary of People's Republic of China to Saudi Arabia, His Excellency Yang Hong Lein.

• Prince Alwaleed contributes over SR700,000 to two International Islamic Dialogue Forum programs22 May 2008

  HRH Prince Alwaleed bin Talal bin Abdulaziz Alsaud, Chairman of Kingdom Foundation (KF), has contributed SR 704,000 two International Islamic Forum for Dialogue  (IIFD) programs.

• Prince Alwaleed receives former Ambassador of Malaysia to Saudi Arabia with letter from Prime Minist21 May 2008

  HRH Prince Alwaleed bin Talal bin Abdulaziz Alsaud, chairman of Kingdom Holding Company (KHC) received at his office former Malaysian Ambassador to Saudi Arabia, His Excellency Dr. Ismail bin Ibrahim who was accompanied by HE Dato' Badlisham Ghazali, CEO of Multimedia Development Corporation (MDEC).

• Kingdom completed sale of Fairmont New Orleans with proceeds valued at SR108 million20 May 2008

  Kingdom Holding Company (KHC) chaired by HRH Prince Alwaleed bin Talal bin Abdulaziz Alsaud announced that it has completed the sale of the Fairmont New Orleans Hotel with proceeds valued at SR108 million going to KHC.

• Prince Alwaleed receives Mr. Okuda, Special Envoy of the Japanese PM19 May 2008

  HRH Prince Alwaleed bin Talal Bin Abdulaziz Al Saud, Chairman of Kingdom Holding Company (KHC) received at his office in Riyadh, a Japanese delegation on Sunday 18^th, May 2008.

• Prince Alwaleed receives letter of thanks from Sudanese President for HRH’s $3 million donation to D18 May 2008

  HRH Prince Alwaleed bin Talal bin Abdulaziz Alsaud, Chairman of Kingdom Holding Company (KHC), received at his office the Sudanese Ambassador to Saudi Arabia His Excellency Mohamed Amin Alkarib.

• Prince Alwaleed received by Mr. Vikram Pandit, CEO of Citigroup at Company’s Headquarters, New York14 May 2008

  HRH Prince Alwaleed bin Talal bin Abdulaziz Alsaud, Chairman of Kingdom Holding Company (KHC) received by with Mr. Vikram Pandit CEO of Citigroup Headquarters of Citigroup in New York and also met with Sir Win Bischoff, Chairman of the Board of Citigroup on Friday 9th May, 2008.

• Prince Alwaleed receives Business Leader of the Year Award from Foreign Policy Association13 May 2008

  Prince gives keynote speech advocating more tolerance & understanding between Islamic World & West.

• Prince Alwaleed received by Rupert Murdoch CEO of News Corporation during business luncheon in NY12 May 2008

  HRH Prince Alwaleed bin Talal bin Abdulaziz Alsaud, Chairman of Kingdom Holding Company (KHC) was received by Mr. Rupert Murdoch Chairman and CEO of News Corporation (News Corp.) at the company's headquarters in New York on Friday 9^th May, 2008 during a business luncheon.

• Prince Alwaleed bin Talal receives US Ambassador to Saudi Arabia to discuss economic issues6 May 2008

  HRH Prince Alwaleed bin Talal bin Abdulaziz Alsaud, Chairman of Kingdom Holding Company (KHC) received at his office His Excellency Ford Fraker the United States Ambassador to Saudi Arabia and Lt. General, David W. Barno. USA (Ret.).

• After receiving Highest Medal in Philippines, Prince Alwaleed is awarded honorary doctorate in Busin5 May 2008

  HRH Prince Alwaleed bin Talal bin Abdulaziz Alsaud, Chairman of Kingdom Holding Company (KHC) was awarded an honorary doctorate in Business Administration by the Commission on Higher Education, Autonomous Region in Muslim Mindanao (CHED-ARMM) and Wisdom International School for Higher Education Studies (WISHES) coordinated by Integrated Mindanao Economic Forum (IMEF) during a conferment ceremony held in Riyadh on May 3^rd 2008 at Kingdom Resort.

• Grandest & prestigious hotel in ME, in Makkah managed by Fairmont in which KHC holds controlling int30 April 2008

  Kingdom Holding Company (KHC) Chaired by HRH Prince Alwaleed bin Talal bin Abdulaziz Alsaud that holds a 55% controlling interest in Fairmont Hotels & Resorts has announced a new hotel in Makkah, Saudi Arabia, scheduled to open fall 2008.

• Amir of Kuwait & Crown Prince receive Prince Alwaleed at Islamic Economic Forum in Kuwait29 April 2008

  HRH Prince Alwaleed bin Talal bin Abdulaziz Alsaud, Chairman of Kingdom Holding Company (KHC) visited Kuwait today 29th April 2008 pursuant to an invitation from Sheikh Nasser Al-Mohammed Al-Ahmed Al-Sabah, Prime Minister of Kuwait to HRH to attend the 4th World Islamic Economic Forum in Kuwait.

• Kingdom Team wins 1st place in AlWafa’ Show Jumping Championship & Qualified for the World Cup Champ27 April 2008

  Prince Alwaleed presented 5 new cars as a gift to Kingdom Team.

• Prince Alwaleed receives Premier of the Western Cape in South Africa to discuss investment issues24 April 2008

  HRH Prince Alwaleed bin Talal bin Abdulaziz Alsaud, Chairman of Kingdom Holding Company (KHC) received at his office recently, Mr. Ebrahim Rasool, Premier of the Western Cape.

• Kingdom Holding Company reports a 5% increase of its first quarter net income of SR 303.8 million22 April 2008

  Kingdom Holding Company (KHC) chaired by HRH Prince Alwaleed bin Talal bin Abdulaziz Alsaud, announced the Company's financial results of operations for the quarter ended March 31, 2008.

• Kingdom completed sale of Monte Carlo Grand Hotel for SR150 million21 April 2008

  Kingdom Holding Company's (KHC) Chaired by HRH Prince Alwaleed bin Talal bin Abdulaziz Alsaud announced that it has completed the sale of the Monte Carlo Grand Hotel in Monaco with proceeds valued at SR150 million.

• Following Prince Alwaleed’s rank as most powerful Arab, Forbes Arabia ranks HRH wealthiest Arab & Mu16 April 2008

  HRH Prince Alwaleed bin Talal bin Abdulaziz Al Saud, Chairman of Kingdom Holding Company is ranked wealthiest Arab by Forbes Arabia making HRH the wealthiest Muslim.

• HRH Prince Alwaleed bin Talal receives ambassador of Qatar to Saudi Arabia with a letter from Qatari14 April 2008

  HRH Prince Alwaleed bin Talal bin Abdulaziz Alsaud, Chairman of Kingdom Holding Company (KHC), received at his office in Riyadh, His Excellency, ambassador of Qatar to Saudi Arabia Ali Al Mahmoud.

• Prince Alwaleed receives Hungarian Ambassador to Saudi Arabia to discuss economic issues9 April 2008

  HRH Prince Alwaleed bin Talal bin Abdulaziz Alsaud, Chairman of Kingdom Holding Company (KHC) received at his office recently His Excellency Laszlo Fodor, Hungarian Ambassador to Saudi Arabia.