Warner Music invests in Saudi Arabia's Rotana Music, Middle East's biggest label
The deal will see Warner Music distribute Rotana Music's releases globally
Reuters News - 17-Feb-2021
In partnership with
Kingdom Holding Company (4280.SE)
Also known as: KHC
Saudi Prince Alwaleed's Kingdom Holding posts quarterly loss
Kingdom also cited a fall in earnings from equity-accounted investments and a decrease in hotels and other operating revenue
Reuters News - 11-Nov-2020Mideast Stocks: Major Gulf markets subdued, poor earnings hit Saudi shares
Saudi Arabia's benchmark index eased 0.2%
Reuters News - 26-Aug-2020Saudi index eases after Haj curbs on foreigners; Dubai extends gains
The benchmark index in Saudi Arabia fell 0.5%, with petrochemical firm Saudi Basic Industries shedding 1.2% and oil giant Saudi Aramco losing 0.6%
Reuters News - 23-Jun-2020Kingdom Holding posts $13.33mln losses in Q1 2020
Revenues for Q1 2020 slipped by 18.9% annually
Mubasher - 22-Jun-2020Saudi Kingdom Holding unit pens MoU to buy Alhokair’s stake in Trade Center
The deal comes along with Kingdom Holding’s expansion strategy
Mubasher - 24-Oct-2019Saudi Arabia's Kingdom Holding signs MoU to sell stake in Care Shield
Kingdom Investment and Development will swap its shares in Care Shield Holding Company (a closed joint-stock company) against shares in Dallah Healthcare Company and cash.
ZAWYA - 11-Sep-2019Saudi Kingdom Holding to pay 5% cash dividends for FY18
The general assembly also approved the board’s and audit’s reports on 2018 business
Mubasher - 24-Jun-2019Saudi's Flynas considering upgrading Airbus A320neo order
The finance is expected to close by the end of the year, Bander Abdulrahman al-Mohanna said.
Reuters News - 30-Apr-2019GCC buoys MENA capital market in Q1
An international buyout of a homegrown brand and an acquisition of a major Saudi firm by another Saudi behemoth kept the market buoyant during the quarter.
Noor Bank - 14-Apr-2019Saudi's Kingdom Holding has raised $1bln in debt finance, to invest mainly in local market - CEO
The investment firm will also decide on the local real estate assets to be monetised within three months
ZAWYA - 10-Apr-2019Saudi Kingdom Holding CEO says didn't buy Aramco bonds
The company is exiting some mature assets, while also wants to monetise its real estate portfolio, said Talal Ibrahim al-Maiman
Reuters News - 10-Apr-2019Saudi's Kingdom Holding to invest Careem proceeds in Europe, Saudi - CEO
Kingdom, which is 95% owned by billionaire Price Alwaleed bin Talal, sold its stake in Careem this week for $333mln
Reuters News - 29-Mar-2019Uber buys rival Careem in $3.1bln deal to dominate ride-hailing in Middle East
Uber said late Monday night it would pay $1.4bln in cash and $1.7bln in convertible notes in a deal that gives it full ownership of Careem
Reuters News - 26-Mar-2019Kingdom Holding nears finalising $1bln loan
Deal will be signed with a group of international and local banks
Mubasher - 02-Oct-2018Saudi Arabia's Kingdom Holding buys stake in Lyft from bin Talal
Agreed to purchase 4.766 million shares in ride-hailer Lyft
Mubasher - 11-Sep-2018Saudi Prince Alwaleed's firm takes $266.7mln stake in Deezer
Prince Alwaleed bin Talal’s Kingdom Holding has completed $266.7mln deal to buy newly issued shares in the French music streaming service Deezer
Reuters News - 02-Aug-2018Mideast factors to watch on April 1
Poor first quarter ends on a high note as stocks leap
Reuters News - 01-Apr-2018Saudi Prince Alwaleed cedes cash distributions from Kingdom Holding
Prince Alwaleed gave up his full entitlement of his share of the proposed annual cash distributions, which totaled ... 8.50 halalas per share (or) $79.8 million quarterly, the filing said.
Reuters News - 29-Mar-2018Formerly detained Saudi businessmen Alwaleed and Alhokair in talks for loans
Local banks are expected to provide most of the debt.
Reuters News - 21-Mar-2018Saudi Prince Alwaleed says in talks with govt on local co-investments -Bloomberg TV
The prince also said Kingdom Holding was on the verge of getting between $1bln and $2bln in financing facilities for new investments.
Reuters News - 20-Mar-2018Prince Alwaleed's Kingdom Holding likely to spin off assets -BBG
Saudi Arabian investment firm Kingdom Holding is likely to split its $13bln of assets through a spin-off of domestic property and other holdings
Reuters News - 20-Mar-2018Shares in Saudi Arabia's Kingdom Holding regain level before Alwaleed detained
The stock climbed 5.6% to 10.60 riyals, after jumping 10% on Sunday.
Reuters News - 29-Jan-2018Saudi corruption purge winds down but scars will linger
Release of top businessmen signals purge drawing to a close
Reuters News - 28-Jan-2018Saudi's Kingdom Holding shares soar after Prince Alwaleed freed
The stock immediately jumped its 10 percent daily limit to 10.04 riyals in unusually active trade
Reuters News - 28-Jan-2018CFO of Saudi Prince Alwaleed's Kingdom Holding resigns- sources
Mohamed Fahmy, who has worked with company for about five years as a close aide of the Saudi billionaire, will leave the firm at the end of February.
Reuters News - 18-Jan-2018Saudi's Kingdom Holding sells Beirut Four Seasons hotel stake: sources
Hotel had been up for sale for a long time and was not linked to the detention of Prince Alwaleed bin Talal
Reuters News - 15-Jan-2018Saudi's Kingdom Holding jumps on hope for Prince Alwaleed settlement
Senior Saudi official tells Reuters that Prince Alwaleed is negotiating possible settlement with authorities.
Reuters News - 14-Jan-2018Interview: Dubai's Careem in talks with potential partners in the U.S., Europe to expand network
After five years, Careem has over half a million drivers and is present in over 80 cities in 11 countries in the Middle East and North Africa
ZAWYA - 01-Dec-2017MIDEAST STOCKS-Saudi resumes fall; another top businessman reportedly held
The Saudi stock index was down 1.1% after 75 minutes as Al Tayyar Travel plunged 10%
Reuters News - 06-Nov-2017Saudi's Kingdom Holding says has support from government after chairman detained
Kingdom Holding's chief executive, listed on its website as Talal Ibrahim al-Maiman, has received the support of the government, and would continue to operate "business as usual"
Reuters News - 06-Nov-2017MIDEAST STOCKS-Saudi closes higher after steep fall on corruption inquiry
Saudi Arabia's stock index rebounded to close higher on Sunday after initially falling steeply.
Reuters News - 05-Nov-2017Saudi's Kingdom Holding reports swing to quarterly profit from big loss
Kingdom Holding's investments include stakes in firms such as Citigroup and Twitter
Reuters News - 05-Nov-2017Crackdown: Who's who in Saudi anti-corruption probe
Saudi Arabia detains 11 princes, ministers in anti-corruption probe
Reuters News - 05-Nov-2017Saudi billionaire Prince Alwaleed detained in corruption inquiry
Saudi King Salman announced late on Saturday the creation of a new anti-corruption committee
Reuters News - 05-Nov-2017FACTBOX-Prince Alwaleed's international and domestic investments
Prince Alwaleed is a nephew of the king and owner of investment firm Kingdom Holding Co.
Reuters News - 05-Nov-2017Bitcoin is 'Enron in the making', Saudi Prince Alwaleed says
Lack of regulation made such cryptocurrencies risky
Reuters News - 23-Oct-2017MIDEAST STOCKS-Savola, Almarai drag down Saudi index, Dana Gas up
Shares of Saudi Arabia's top food producers, Savola and Almarai, fell on Wednesday after Savola said it was selling a small stake in the dairy maker while Dana Gas strengthened in Abu Dhabi.
Reuters News - 13-Sep-2017Qatar slides to 52-month low, Saudi Fransi down on stake sale
Banque Saudi Fransi fell in Riyadh after France's Credit Agricole agreed to sell a 16.2% stake in it to local investor Kingdom Holding.
Reuters News - 12-Sep-2017Prince Alwaleed's firm to buy $1.54 billion stake in Saudi bank
France's Credit Agricole has agreed to sell about half its 31.1% stake in Banque Saudi Fransi (BSF) to billionaire Prince Alwaleed Bin Talal's Kingdom Holding for $1.54bln
Reuters News - 12-Sep-2017Company information provided by Refinitiv
Refinitiv research team update company information from primary sources (company annual reports, press releases, company websites, corporate briefings, official statements/interviews) and reliable secondary sources (stock markets, reliable third party publications).
Peers
| Stocks | Last Price | % Change |
|---|---|---|
| Alawwal Bank | - | - |
| SABB | 24.040 SAR | -0.99 |
| SAMBA FIN GROUP | 34.800 SAR | -2.38 |
| RIYAD BANK | 20.400 SAR | -1.64 |
| BANQUE SA FRANSI | 28.200 SAR | -1.05 |
| ARAB BANK | 19.400 SAR | -2.02 |
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