‎Prince Alwaleed highlights Kingdom Holding’s investments

‎Prince Alwaleed highlights Kingdom Holding’s investments ‎Prince Alwaleed highlights Kingdom Holding’s investments

​‎

Logo ofKingdom Holding Co.

Prince Alwaleed bin Talal, Chairman of Kingdom Holding Co., said the company holds numerous unique investments, making its stock exceptional and highly distinctive worldwide.

Advertisement

In a post on X, he revealed that Kingdom Holding owns a stake in Four Seasons, alongside strategic partner Bill Gates. The luxury hotel chain’s market value exceeds $15 billion, equivalent to SAR 58 billion.

Prince Alwaleed further noted that the company also owns the Four Seasons Hotel George V, the top luxury hotel globally, with a market value surpassing $2 billion, or SAR 7.5 billion. Kingdom Holding holds a 10% stake in GV.

He also highlighted Kingdom Holding’s investment in National Air Services (NAS), a company set to launch an IPO on the Saudi stock market with an estimated value of at least $2 billion, or SAR 7.5 riyals. The company recently announced a landmark aviation deal worth SAR 110 billion.

Additionally, Kingdom Holding’s ownership in X, alongside strategic partner Elon Musk, positions it as a major player in the social media sector, with investments exceeding $2 billion, or more than SAR 8 billion. The group is the second-largest investor in X.

Prince Alwaleed mentioned that the company had been uniquely invited twice to invest in xAI, a firm specializing in artificial intelligence, with substantial investments made.

He also referenced the Jeddah Economic City project, including the Jeddah Tower, which aligns with Saudi Arabia’s Vision 2030.

 

Logo ofKingdom Holding Co.

Prince Alwaleed bin Talal, Chairman of Kingdom Holding Co., said the company holds numerous unique investments, making its stock exceptional and highly distinctive worldwide.

In a post on X, he revealed that Kingdom Holding owns a stake in Four Seasons, alongside strategic partner Bill Gates. The luxury hotel chain’s market value exceeds $15 billion, equivalent to SAR 58 billion.

Prince Alwaleed further noted that the company also owns the Four Seasons Hotel George V, the top luxury hotel globally, with a market value surpassing $2 billion, or SAR 7.5 billion. Kingdom Holding holds a 10% stake in GV.

He also highlighted Kingdom Holding’s investment in National Air Services (NAS), a company set to launch an IPO on the Saudi stock market with an estimated value of at least $2 billion, or SAR 7.5 riyals. The company recently announced a landmark aviation deal worth SAR 110 billion.

Additionally, Kingdom Holding’s ownership in X, alongside strategic partner Elon Musk, positions it as a major player in the social media sector, with investments exceeding $2 billion, or more than SAR 8 billion. The group is the second-largest investor in X.

Prince Alwaleed mentioned that the company had been uniquely invited twice to invest in xAI, a firm specializing in artificial intelligence, with substantial investments made.

He also referenced the Jeddah Economic City project, including the Jeddah Tower, which aligns with Saudi Arabia’s Vision 2030.

Add a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Keep Up to Date with our Weekly Newsletter

By pressing the Subscribe button, you confirm that you have read and are agreeing to our Privacy Policy and Terms of Use
Advertisement