Jan 10, 2012
Prince Alwaleed Chairs Kingdom Holding Board Meeting

Prince Alwaleed: “Kingdom Holding continues to distribute dividends”

HRH Prince Alwaleed Bin Talal Abdulaziz Alsaud, Chairman of Kingdom Holding Company (KHC), held a board meeting, at the Company’s HQ in Riyadh. The meeting was attended by the KHC Board that is comprised of Eng. Talal Al Maiman, Executive Director for Development and Domestic Investments and Member of the Investment Committee, Eng. Ahmed Halawani, Executive Director for Private Equity, International Investments and Member of the Investment Committee, Mr. Sarmad Zok, Executive Director of Hotel Investments and Member of the Investment Committee, and the independent board members that comprise of Dr. Khaled Al-Saheem and Mr. Taher Agueel. Prince Alwaleed also represented Mr. Saleh Al Sagri during the meeting. The meeting was also attended by Mr. Shadi Sanbar, #KHC’s CFO. 

The board meeting was held to outline and to fortify KHC’s diversified investment strategy, long term vision for growth and development, and for future prospective investment opportunities.

Prince Alwaleed commented: “Kingdom Holding enters the year 2012 with solid optimism, and continues to distribute dividends.”

Founded in 1980, KHC is a publicly traded company which was listed on Tadawul (the Saudi Stock Exchange) in 2007.  KHC is one of the world’s most successful and diversified business organizations, highly respected in the field of investments and recognized as an elite player in the Arabian Gulf region, and internationally. KHC’s portfolio has its main interest in landmark hotel properties and hotel management companies, real estate development in Jeddah and Riyadh, financial services, technology and media, manufacturing and aviation.