Speaking at the AIM Summit in Dubai, Saudi Prince Khaled bin Alwaleed bin Talal examined the energy transition topic, focusing on its implications in the context of the upcoming US election
Prince Khaled Bin Alwaleed Bin Talal Al Saud
Latest in Prince Khaled Bin Alwaleed Bin Talal Al Saud
Ahmed Alkhoshaibi
Sharjah real estate major Arada records $405.6 million property sales in first half of 2022
The first half results – 30 percent up over same year ago period – capped a particularly strong period for Arada, which also saw the successful completion of its $350 million sukuk issuance deal
business funding
Dubai’s KBW Ventures among investors in $40 million funding in US ice cream startup Eclipse
Serial investor KBW has made investments in the food startups earlier also
Arada
Arada, TBHF will build a home for a family in Kenya for each home sold in the Masaar project during Ramadan
The Home for a Home initiative will also cover the cost of implementing a sustainable water supply system that will provide 100,000 litres of water a week to both refugees and the host community living in the surrounding area
Aljada
Sharjah developer Arada posts 38% jump in property sales to $650m
Arada says it sold 2,488 homes in 2021, a 6% increase on the year before
Food tech
Vegan Prince Khaled says pandemic set to boost food-tech investments
Founder and CEO of KBW Ventures says consumers are seeking safer food alternatives after virus outbreak
Aljada
First homes completed in $6.5bn Sharjah mega project, says developer
Arada says that by the end of 2021, around 8,000 residents will have moved into Aljada
Al Saud family
Saudi Arabia’s Al Saud family named world’s fourth richest
Bloomberg Billionaires Index says collective fortune of Al Saud family is conservatively estimated at more than $100 billion
Bloomberg Live
Prince Khaled to participate in San Francisco event dedicated to venture capital
The founder and CEO of KBW Ventures will be continuing his unofficial position ambassador of MENA venture capital in Silicon Valley
Beyond Meat
Prince Khaled to join Silicon Valley VCs for major future food event
KBW Ventures founder and CEO to discuss evolution of plant-based technology
Dubai
Prince Khaled’s vegan venture in talks to launch in Dubai
Move follows successful launch of Folia at the Four Seasons Hotel Bahrain Bay
Amazon
Prince Khaled sees big gaps in MidEast VC landscape despite Careem deal
Son of Saudi billionaire Prince Alwaleed says Uber’s $3.1bn deal for Careem shouldn’t mask regional shortfalls in venture capitalism
Abu Dhabi
Arada to open Saudi Arabia, Abu Dhabi offices in 2019
Arada CEO Ahmed Alkhoshaibi said the development company had noticed investor interest from the country ‘rise significantly over the course of the last year’
Bay View Lounge
Four Seasons Hotel Bahrain Bay to launch new plant-based menu
Folia, the consultancy and teaching partnership between vegan chef Matthew Kenney and KBW Ventures, will introduce the menu at the Four Seasons Hotel Bahrain Bay
Acquisitions and Divestitures
Alwaleed’s Kingdom Holding ‘supportive’ of Careem-Uber merger
In September, it was reported that Uber is in talks to acquire Careem in a deal that could value the firm at $2.5 billion
aljada central hub
Video: The vegan tech prince of Saudi
Prince Khaled bin Alwaleed bin Talal’s interests can effectively be split into two distinct areas. There’s KBW Investments, the Dubai-headquartered holding company that counts Raimondi Cranes and other construction-related entities in its portfolio. Arada, the developer that has been making headlines across the Gulf for its eye-catching projects in Sharjah, falls into this category.
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Amman
Prince Khaled plans to open 30 vegan restaurants across the Middle East
Plant Cafe, currently open in Bahrain, will open in Riyadh, Jeddah, Dubai and Amman