Kingdom Holding, owned by Saudi investor Prince Alwaleed bin Talal, and UAE-based Mubadala Development Co have discussed future potential business collaboration, the Saudi firm said on Wednesday.
Prince Alwaleed bin Talal has held a meeting with Khaldoon Al-Mubarak, CEO of Mubadala Development Co in Riyadh, their second meeting this year, Kingdom Holding said in a statement.
“The meeting was attended by a delegation from Kingdom Holding, Rotana and Mubadala Development Co … The meeting touched upon local, regional and international economic and investment issues, and future potential business collaboration,” Kingdom Holding said.
Prince Alwaleed holds a 95 percent stake in Kingdom Holding. (Reuters)
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