Jeddah Economic Company signed an agreement with Saudi Binladin Group Company to resume construction of Jeddah Economic Company Tower. The SAR 7.2 billion agreement anticipates a 42-month construction period.
Kingdom Holding Company (KHC) announced that its subsidiaries, Kingdom Real Estate Development Company Limited and Trade Center Company Limited, have signed an agreement with Sumou Real Estate Company to manage the development, marketing, and sale of a major land parcel in Riyadh.
Kingdom Holding Company announces the acquisition of an additional stake in xAI with Elon Musk, bringing the total investment value to USD 800 million. The additional stake was acquired as part of xAI’s series C financing round.
Kingdom Holding Company announces the sale of the Kingdom City Residential Compound in the Al Rabie district of Riyadh to a real estate investment fund affiliated with Alawwal Investment Company for SAR 900 million.
Kingdom Holding offers an investment management environment where its team collaborates with senior leadership across a global portfolio spanning hospitality, real estate, international technology and investment platforms.
Kingdom Holding Company (KHC) has a diversified portfolio spanning banking and insurance, hospitality, real estate, technology, airlines, healthcare, education, digital media and entertainment.
