| Type | Holding Company (Public) |
|---|---|
| Founded | 1980 |
| Headquarters | Kingdom Centre, Riyadh, |
| Key people | HRH Prince Alwaleed Bin Talal Bin Abdulaziz Al Saud, Chairman & CEO Shadi Sanbar, CFO |
| Industry | Diversified Investments |
| Website | 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 6% of the shares are public, the rest is privately owned with the majority stakeholder, Prince Alwaleed holding 94% shares.[2]
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 Inc.
- Canary Wharf
- Citigroup
- Coca Cola
- Compaq
- Disneyland Paris
- eBay
- Four Seasons Hotels & Resorts
- Fairmont Hotels & Resorts
- Ford
- Hotel George V, Paris
- Hewlett-Packard
- McDonald's
- Motorola
- Mövenpick Hotels & Resorts
- News Corporation
- PepsiCo
- Priceline.com Inc
- Procter & Gamble
- The Walt Disney Company
- LBCI Lebanese Broadcasting Company International
- SAMBA, Saudi American Bank
- Rotana Group (Arabic: روتانا), the Arab World's largest entertainment company
- Kingdom Hotels International, public company listed on the Dubai International Financial Exchange
The company is known for hiring in 2004 Captain Hanadi Zakariya Hindi, the first Saudi female commercial pilot, who trained at the Mideast Aviation Academy in Jordan[3].
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.[4]
References
- ^ "Top 100 Saudi Companies". arabnews.com. 2007-10-27. http://www.arabnews.com/supplements/Top100/top100_2006NEW.html. Retrieved 2008-09-17.
- ^ "Kingdom Holding Company". zawya.com. 2007-07-31. http://www.zawya.com/cm/profile.cfm/cid120673/. Retrieved 2008-09-17.
- ^ First Saudi Female Pilot Lands Job With Kingdom Holding, M. Ghazanfar Ali Khan, Arab News, 2004-11-24, accessed 2009-10-09
- ^ "HSBC announces joint venture in Africa". HSBC. 2005-07-05. http://www.hsbc.com/1/2/newsroom/news/news-archive-2005/hsbc-announces-joint-venture-in-africa. Retrieved 2008-09-17.
External links
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