19 December 2011
Riyadh - The Kingdom Holding Company announced here today buying of a strategic stake in Twitter which reached to SR 1,125 billion.
In a statement issued today, Prince Al-Waleed bin Talal bin Abdulaziz, Chairman of the Board of Directors of Kingdom Holding Company said that this deal came after accurate follow-up for the Twitter company as well as detailed and comprehensive process.
He added that this deal represents an interest in promising, high-growth businesses with a global impact.
Riyadh - The Kingdom Holding Company announced here today buying of a strategic stake in Twitter which reached to SR 1,125 billion.
In a statement issued today, Prince Al-Waleed bin Talal bin Abdulaziz, Chairman of the Board of Directors of Kingdom Holding Company said that this deal came after accurate follow-up for the Twitter company as well as detailed and comprehensive process.
He added that this deal represents an interest in promising, high-growth businesses with a global impact.
© Saudi Press Agency 2011
