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

conglomerate Conglomerate or conglomeration may refer to: * Conglomerate (company) * Conglomerate (geology) * Conglomerate (mathematics) In popular culture: * The Conglomerate (American group), a production crew and musical group founded by Busta Rhymes ** ...

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 the ...

. The KHC is a publicly listed company on the Tadawul (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 ...

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 genera ...

tourism Tourism is travel for pleasure or business; also the theory and practice of touring (disambiguation), touring, the business of attracting, accommodating, and entertaining tourists, and the business of operating tour (disambiguation), tours. Th ...

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,

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 airplane, fixed-wing and helicopter, rotary-wing types, morphable wings, wing-less lifting bodies, as well as aerostat, lighter- ...

and

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

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) *

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 m ...

(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 (100%) (Lebanon) * Lyft (US) * Flynas (33%) (Saudi Arabia) * National Industrialization Company (100%) (Saudi Arabia) * Rotana Group (), the Arab world's largest entertainment company (100%) (Saudi Arabia) *

Twitter, Inc. Twitter, Inc. is an American social media company based in San Francisco, California. The company operates the social networking service Twitter. It previously operated the Vine short video app and Periscope livestreaming service. Tw ...

(minority stake)

Past investments

Past investments include: *

21st Century Fox Twenty-First Century Fox, Inc., doing business as 21st Century Fox (21CF), was an American multinational mass media corporation that was based in Midtown Manhattan, New York City. It was one of the two companies formed on June 28, 2013, fo ...

(US / 6% minority stake, sold in 2017) * 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 ancest ...

(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 Citigroup Inc. or Citi ( stylized as citi) is an American multinational investment bank and financial services corporation headquartered in New York City. The company was formed by the merger of banking giant Citicorp and financial conglomera ...

(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 syrups ...

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

Hewlett-Packard The Hewlett-Packard Company, commonly shortened to Hewlett-Packard ( ) or HP, was an American multinational information technology company headquartered in Palo Alto, California. HP developed and provided a wide variety of hardware components ...

(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 Motorola Mobility LLC, marketed as Motorola, is an American consumer electronics manufacturer primarily producing smartphones and other mobile devices running Android. It is a subsidiary of the Chinese multinational technology company Lenovo.;; ...

(US) * Mövenpick Hotels & Resorts (Switzerland / 33% minority stake, sold in 2018 to Accor) * News Corporation (US) * PepsiCo (US) * 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 The Savola Group is a Saudi Arabian industrial company. The group's major holdings supply Saudi Arabia, the Middle East and North Africa, and Turkey with edible oils, sugar, fresh dairy products, and restaurants serving fast foods. The group also ...

(Saudi Arabia) * Saks Incorporated (US) *

SAMBA Samba (), also known as samba urbano carioca (''urban Carioca samba'') or simply samba carioca (''Carioca samba''), is a Brazilian music genre that originated in the Afro-Brazilian communities of Rio de Janeiro in the early 20th century. Havi ...

, Saudi American Bank (US) *

Marvel Comics Marvel Comics is an American comic book 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 Comics'' in ...

(US) *

The Walt Disney Company The Walt Disney Company, commonly known as Disney (), is an American multinational mass media and entertainment conglomerate headquartered at the Walt Disney Studios complex in Burbank, California. Disney was originally founded on Octobe ...

(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, who trained at the Mideast Aviation Academy in Jordan. It is the owner of and was the lead developer of the Kingdom Centre in Riyadh, Saudi Arabia. Kingdom Holding is an active investor in

sub-saharan Africa Sub-Saharan Africa is, geographically, the area and regions of the continent of Africa that lies south of the Sahara. These include West Africa, East Africa, Central Africa, and Southern Africa. Geopolitically, in addition to the List of sov ...

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, 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