Tuesday, 24 November 2009 | 01:30 UAE time
COMPANIES
Kingdom Holding Company
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COMPANY DESCRIPTION
HRH Prince Alwaleed’s Kingdom Holding Company (KHC) is one of the world’s largest and most diversified private investment companies, with holdings in a large number of Saudi Arabian, Middle Eastern and international companies.In particular, KHC is one of the world’s leading hotel investors, with a portfolio of hotels and majority interests in international hotel management companies.
The international portfolio includes stakes in Citigroup, The Walt Disney company, PepsiCo and London’s Savoy Hotel.
Regionally, its portfolio includes Kingdom Hotel Investments, Samba Financial Group and Savola.
Shares in KHC have lost around 65 percent of their value in the last year but Prince Alwaleed still managed to top the Arabian Business rich list in December last year, with a $17.1bn fortune.
Last month he told Forbes that he is not planning on selling his stake in Citigroup, in which KHC is the largest individual investor.
The company has also denied media reports that its Kingdom Tower project in Jeddah has been shelved due to the current economic climate. The tower is slated to become the world’s tallest at more than 1km.
KEY INFORMATION
Industry
Investment Companies
Address
Floor 66, Kingdom Center, 1, Riyadh, Saudi Arabia
T
966 1 2111111
F
966 1 2111112
E
W
COMPANY OVERVIEW
| Ownership | Type | Established on | Employees |
|---|---|---|---|
| Public | Joint stock | 1980 | - |
MAJOR SHAREHOLDERS
| Name | Country | ||
|---|---|---|---|
| Alwaleed Bin Talal Bin Abdulaziz Al Saud | individuals | 94 | Saudi Arabia |
PORTFOLIO
| Name | Country |
|---|---|
| Kingdom Hotel Investments | UAE |
| Savola Group | Saudi Arabia |
| Abraaj National Air Services | Saudi Arabia |
| Al Azizia Commercial Investment Company | Saudi Arabia |
| Al Juna Hotels | Saudi Arabia |
| Al Nakheel Hotels | Saudi Arabia |
| Al Resalah Channel | Saudi Arabia |
| Amazon.com Incorporated | USA |
| Anadolo Japan Tourism | Japan |
| Arab Palestinian Investment Company | Palestine |
| Ballast Nedam | Denmark |
| Cal Merchant Bank | Ghana |
| Citigroup Incorporation | USA |
| Consulting Clinics | Lebanon |
| Disneyland Resort and Theme Park | France |
| Ecobank Group | Togo |
| Fashion Village Trading Company | Saudi Arabia |
| Ford International Business Development | USA |
| Four Seasons Hotels and Resorts | Canada |
| Groupe Sonatel | Senegal |
| Jeddah Land | Saudi Arabia |
| Jerusalem Development and Investment Company | Palestine |
| Kingdom Commercial Company | Saudi Arabia |
| Kingdom Hospital Consulting Clinics | Saudi Arabia |
| Kingdom Schools Company | Saudi Arabia |
| Kingdom Zephyr Africa Management | USA |
| Medical Services Projects Company | Saudi Arabia |
| National Air Services | Saudi Arabia |
| National Industrialization Company - Saudi Arabia | Saudi Arabia |
| Palestine Investment and Development Company | Palestine |
| Real Estate Investment Company | Saudi Arabia |
| Real Estate Project Development and Construction Company | Saudi Arabia |
| Riyadh Land | Saudi Arabia |
| Saks - Saudi Arabia | Saudi Arabia |
| Samba Financial Group - Saudi Arabia | Saudi Arabia |
| Silki La Silki National Telecommunications Company | Saudi Arabia |
| United Bank for Africa | Nigeria |
| Zephyr Management | USA |
| Saudi Research and Marketing Group | Saudi Arabia |
| Kuwait Invest Holding Company | Kuwait |
OFFICERS
| BOARD OF DIRECTORS | Position |
|---|---|
| Alwaleed Bin Talal Bin Abdulaziz Al Saud | Chairman |
| Talal Ibrahim Al Mayman | Board Member |
| Pierli William Junior Shokair | Board Member |
| Ahmad Rida Halwani | Board Member |
| Ibrahim Al Hasan Al Madhoun | Board Member |
| Saleh Ali Saoud Al Sakri | Board Member |
| Ammar Abdulwahed Faleh Al Khudairy | Board Member |
| Taher Mohammed Amer Aquili | Board Member |
| Khalid Abdullah Al Sahim | Board Member |
| Mohammed Hasan Al Mujadadi | Secretary of the Board |
| MANAGEMENT | Position |
| Alwaleed Bin Talal Bin Abdulaziz Al Saud | Chief Executive Officer |
| Shadi Sanbar | Chief Financial Officer and Administration Manager |
| Pierli William Junior Shokair | Executive Director - International Investments |
| Talal Ibrahim Al Mayman | Executive Director - Local Investments and Development |
| Ahmad Rida Halwani | Executive Director - Direct Investments |
| Heba Fatani | Executive Manager - Corporate Communications |
| Mohammed F. Al Nafjan | Corporate Communications Manager |
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LATEST FINANCIAL JOBS
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Information correct at the time of publishing. If you are a representative of this company and want to update the details, please email updated information to financials@itp.com providing your name, designation and contact details.
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