Kingdom Holding Company
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| Kingdom Holding Company شركة المملكة القابضة |
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| Type | Holding Company (Public) |
| Founded | 1980 |
| Headquarters | Kingdom Centre in Riyadh,  Saudi Arabia |
| Key people | HRH Prince Alwaleed Bin Talal Bin Abdulaziz Al Saud, Chairman & CEO Shadi Sanbar, Chief Financial Officer |
| Industry | Diversified Investments |
| Website | http://www.kingdom.com.sa |
Kingdom Holding Company (Arabic: شركة المملكة القابضة) is a public holding company, incorporated in Saudi Arabia, and is the largest company in Saudi Arabia [1]. It is controlled by Prince Alwaleed Bin Talal Bin Abdulaziz, and is headquartered in the city of Riyadh. The company is publicly listed in the Saudi Stock Exchange but only 5% of the shares are public, the rest is privately owned with the majority stakeholder, Prince Alwaleed holding 93.5% shares.[1]
The company describes itself as a diversified investment company, whose interests include banking, real estate, telecommunications, broadcasting and media, entertainment, hospitality, computers and electronics, agriculture, restaurants, upscale fashion, retailing, supermarkets, tourism, travel and automotive manufacturing.
Its international investments include (or have included)
- Amazon
- AOL/Time Warner
- Apple Computer
- Canary Wharf
- Citigroup
- Rat
- Coca Cola
- Compaq
- Disneyland Paris
- eBay
- Four Seasons Hotels & Resorts
- Fairmont Hotels & Resorts
- Ford
- Hotel George V, Paris
- Hewlett-Packard
- Gillette (now a subsidiary of Procter & Gamble)
- McDonald's
- Motorola
- Mövenpick Hotels & Resorts
- News Corporation
- PepsiCo
- Procter & Gamble
- The Walt Disney Company
- LBCI Lebanese Broadcasting Company International
- Danagas
- SAMBA, Saudi American Bank
- Kingdom Hotels Investments Public company listed on Dubai International Financial Exchange
The company is known for hiring the first Saudi female pilot ever. It is also the owner of the Kingdom Center.
In July 2005, Kingdom announced a joint venture with HSBC to invest in growth companies in Sub-Saharan Africa.[2]
[edit] References
- ^ Kingdom Holding Company - Company Profile, Zawya.
- ^ HSBC announces joint venture in Africa (HSBC press release)
