The Kingdom Holding Company (KHC) ( ar, شركة المملكة القابضة) is a Saudi conglomerate

holding company A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies ...

, based in

Riyadh Riyadh (, ar, الرياض, 'ar-Riyāḍ, lit.: 'The Gardens' Najdi pronunciation: ), formerly known as Hajr al-Yamamah, is the capital and largest city of Saudi Arabia. It is also the capital of the Riyadh Province and the centre of th ...

. The KHC is a

publicly listed company A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange ( lis ...

on the

Tadawul Saudi Stock Exchange () or Tadāwul () is a stock exchange in Saudi Arabia. Tadāwul was formed in 2007 as a joint stock company and the sole entity authorized to act as a securities exchange in Saudi Arabia, but trading began in 1954 as an inf ...

(Saudi stock exchange). The KHC consists of a select team of experienced investment specialists directed by its founder and chairman, Prince

Al-Waleed bin Talal Al Waleed bin Talal Al Saud ( ar, الوليد بن طلال آل سعود; born 7 March 1955) is a Saudi Arabian billionaire businessman, investor, philanthropist and royal. He was listed on ''Time'' magazine's Time 100, an annual list of the hu ...

and chief executive officer, Eng. Talal Ibrahim Al Maiman. The company describes itself as a diversified investment company, whose main interests are financial services,

real estate Real estate is property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, (more general ...

tourism Tourism is travel for pleasure or business; also the theory and practice of touring, the business of attracting, accommodating, and entertaining tourists, and the business of operating tours. The World Tourism Organization defines tourism mor ...

and

hospitality Hospitality is the relationship between a guest and a host, wherein the host receives the guest with some amount of goodwill, including the reception and entertainment of guests, visitors, or strangers. Louis, chevalier de Jaucourt describes ...

media Media may refer to: Communication * Media (communication), tools used to deliver information or data ** Advertising media, various media, content, buying and placement for advertising ** Broadcast media, communications delivered over mass e ...

entertainment Entertainment is a form of activity that holds the attention and interest of an audience or gives pleasure and delight. It can be an idea or a task, but is more likely to be one of the activities or events that have developed over thousa ...

, petrochemicals,

aviation Aviation includes the activities surrounding mechanical flight and the aircraft industry. ''Aircraft'' includes fixed-wing and rotary-wing types, morphable wings, wing-less lifting bodies, as well as lighter-than-air craft such as hot a ...

and

technology Technology is the application of knowledge to reach practical goals in a specifiable and Reproducibility, reproducible way. The word ''technology'' may also mean the product of such an endeavor. The use of technology is widely prevalent in me ...

Present investments

Present investments include: * Four Seasons Hotels & Resorts (Canada-based) (owns 23.75% with Cascade Investment, LLC, and others) * Fairmont Raffles Swissotel (minority ownership with

Accor Accor S.A. is a French multinational hospitality company that owns, manages and franchises hotels, resorts and vacation properties. It is the largest hospitality company in Europe, and the sixth largest hospitality company worldwide. Accor ope ...

) *

Hotel George V Four Seasons Hotel George V ( ) is a luxury hotel on avenue George V in the 8th arrondissement of Paris. History The Hotel George V, named for King George V of the United Kingdom, opened in 1928. It was financed, at a cost of $31 million (60 mi ...

(100%) (France) * KADCO Egypt (100%) (Egypt) * Kingdom Hospital-Consulting Clinics (100%) (Saudi Arabia) * Kingdom Hotels Investments (100%) (Saudi Arabia) * Kingdom Schools (100%) (Saudi Arabia) *

Lebanese Broadcasting Corporation The Lebanese Broadcasting Corporation International ( ar, المؤسسة اللبنانية للإرسال انترناسيونال), widely known as LBCI, is a private television station in Lebanon. LBCI was founded in 1992 by acquiring the asse ...

(100%) (Lebanon) *

Lyft Lyft, Inc. offers mobility as a service, ride-hailing, vehicles for hire, motorized scooters, a bicycle-sharing system, rental cars, and food delivery in the United States and select cities in Canada. Lyft sets fares, which vary using a dyn ...

(US) *

Flynas Flynas ( ar, طيران ناس), stylized ''flynas'', formerly Nas Air, is a Saudi low-cost airline, the country first budget airline. The company's head office is located in Riyadh. History Saudi Arabian Airlines was the only airline in the c ...

(33%) (Saudi Arabia) * National Industrialization Company (100%) (Saudi Arabia) *

Rotana Group Rotana Media Group, commonly known as Rotana ( ar, روتانا, Rōtānā), is a Saudi Arabian entertainment company. It is primarily owned by Saudi prince Al Waleed bin Talal. The media conglomerate includes a film production company (Rotana ...

(), the Arab world's largest entertainment company (100%) (Saudi Arabia) * Twitter, Inc. (minority stake)

Past investments

Past investments include: * 21st Century Fox (US / 6% minority stake, sold in 2017) *

360buy JD.com, Inc., also known as Jingdong (), internationally known as Joybuy and formerly called 360buy,

(China / now publicly traded as JD.com) *

Amazon Amazon most often refers to: * Amazons, a tribe of female warriors in Greek mythology * Amazon rainforest, a rainforest covering most of the Amazon basin * Amazon River, in South America * Amazon (company), an American multinational technolog ...

(US) * AOL /

Time Warner Warner Media, LLC ( traded as WarnerMedia) was an American multinational mass media and entertainment conglomerate. It was headquartered at the 30 Hudson Yards complex in New York City, United States. It was originally established in 1972 by ...

(US) *

Apple An apple is an edible fruit produced by an apple tree (''Malus domestica''). Apple trees are cultivated worldwide and are the most widely grown species in the genus ''Malus''. The tree originated in Central Asia, where its wild ancestor, ' ...

(US) *

Canary Wharf Canary Wharf is an area of London, England, located near the Isle of Dogs in the London Borough of Tower Hamlets. Canary Wharf is defined by the Greater London Authority as being part of London's central business district, alongside Central Lon ...

(UK) * Citigroup (US) *

The Coca-Cola Company The Coca-Cola Company is an American multinational beverage corporation founded in 1892, best known as the producer of Coca-Cola. The Coca-Cola Company also manufactures, sells, and markets other non-alcoholic beverage concentrates and syrup ...

(US) *

Compaq Compaq Computer Corporation (sometimes abbreviated to CQ prior to a 2007 rebranding) was an American information technology company founded in 1982 that developed, sold, and supported computers and related products and services. Compaq produced ...

(US) *

eBay eBay Inc. ( ) is an American multinational e-commerce company based in San Jose, California, that facilitates consumer-to-consumer and business-to-consumer sales through its website. eBay was founded by Pierre Omidyar in 1995 and became ...

(US) *

EuroDisney Disneyland Paris is an entertainment resort in Chessy, France, east of Paris. It encompasses two theme parks, resort hotels, Disney Nature Resorts, a shopping, dining and entertainment complex, and a golf course. Disneyland Park is the origin ...

(France / now owned by The Walt Disney Company on a 87.15%) *

Ford Ford commonly refers to: * Ford Motor Company, an automobile manufacturer founded by Henry Ford * Ford (crossing), a shallow crossing on a river Ford may also refer to: Ford Motor Company * Henry Ford, founder of the Ford Motor Company * Ford F ...

(US) * Hewlett-Packard (US) *

McDonald's McDonald's Corporation is an American multinational fast food chain, founded in 1940 as a restaurant operated by Richard and Maurice McDonald, in San Bernardino, California, United States. They rechristened their business as a hambur ...

(US) * Motorola Mobility (US) *

Mövenpick Hotels & Resorts Mövenpick Hotels & Resorts (; ) is a Swiss hotel management company headquartered in Baar, Switzerland. It is fully owned by AccorHotels since the September 2018 acquisition from former shareholders Mövenpick Holding (66.7%) and the Saud ...

(Switzerland / 33% minority stake, sold in 2018 to

) *

News Corporation News Corporation (abbreviated News Corp.), also variously known as News Corporation Limited, was an American multinational mass media corporation controlled by media mogul Rupert Murdoch and headquartered at 1211 Avenue of the Americas in New ...

(US) * PepsiCo (US) *

Priceline.com Priceline.com is an online travel agency for finding discount rates for travel-related purchases such as airline tickets and hotel stays. The company facilitates the provision of travel services from its suppliers to its clients. Priceline.com ...

(US) *

Procter & Gamble The Procter & Gamble Company (P&G) is an American multinational consumer goods corporation headquartered in Cincinnati, Ohio, founded in 1837 by William Procter and James Gamble. It specializes in a wide range of personal health/consumer he ...

(US) * The Savola Group (Saudi Arabia) *

Saks Incorporated Saks, Inc. (originally Proffitt's, Inc.) was an American holding company founded in 1919. Before acquisition by the Canadian-founded Hudson's Bay Company in 2013, it held ownership of department store chains including New York City-based Saks Fi ...

(US) * SAMBA, Saudi American Bank (US) *

Marvel Comics Marvel Comics is an American comic book publishing, publisher and the flagship property of Marvel Entertainment, a divsion of The Walt Disney Company since September 1, 2009. Evolving from Timely Comics in 1939, ''Magazine Management/Atlas Co ...

(US) *

The Walt Disney Company The Walt Disney Company, commonly known as Disney (), is an American multinational mass media and entertainment industry, entertainment conglomerate (company), conglomerate headquartered at the Walt Disney Studios (Burbank), Walt Disney Stud ...

(US) The company is known for hiring the first Saudi female

commercial pilot A commercial pilot licence (CPL) is a type of pilot licence that permits the holder to act as a pilot of an aircraft and be paid for their work. Different licenses are issued for the major aircraft categories: airplanes, airships, balloons, glid ...

, Captain

Hanadi Zakaria al-Hindi Hanadi Zakaria al-Hindi ( ar, هنادي زكريا الهندي) is the first Saudi woman to become a pilot. She was born in Mecca in September 1978. She passed her final exams at the Middle East Academy for Commercial Aviation in Amman, Jorda ...

, who trained at the Mideast Aviation Academy in Jordan. It is the owner of and was the lead developer of the

Kingdom Centre Kingdom Centre (Arabic: مركز المملكة) is a 41- story, skyscraper in Riyadh, Saudi Arabia. When completed in 2002, it overtook the Faisaliyah Tower as the tallest tower in Saudi Arabia. It has since been surpassed and, , is the fift ...

in Riyadh, Saudi Arabia. Kingdom Holding is an active investor in sub-saharan Africa through Kingdom Africa Management, a private equity firm and subsidiary based in South Africa, Ghana and Nigeria. Kingdom Africa is run by J. Kofi Bucknor and focuses on growth equity investments. In 2007, the company committed to purchasing an

Airbus A380 The Airbus A380 is a large wide-body airliner that was developed and produced by Airbus. It is the world's largest passenger airliner and only full-length double-deck jet airliner. Airbus studies started in 1988, and the project was annou ...

"Flying Palace" for $485 million, however according to the Kingdom Holding's chief financial officer the plane has been sold. In April 2010, the company sold part of its stake in Raffles Holdings International in a deal worth about $847 million to a group of investors, including an affiliate of Qatar’s sovereign wealth fund. In August 2011, the company announced plans for the construction of

Jeddah Tower Jeddah Tower ( ar, برج جدة), previously known as Kingdom Tower (), is a skyscraper construction project currently on hold. Located on the north side of Jeddah, Saudi Arabia, it is planned to be the first tall building, and the centrep ...

, which will become the tallest building in the world.

References

External links

{{Portal bar, Saudi Arabia, Companies, Economy Companies listed on Tadawul Companies based in Riyadh Economic history of Saudi Arabia Holding companies established in 1980 Holding companies of Saudi Arabia Investment companies of Saudi Arabia Sovereign wealth funds Saudi Arabian companies established in 1980