Kingdom Holding ‘enters 2012 with strength’

Prince Alwaleed bin Talal, chairman of Kingdom Holding Company (KHC), held an investment committee meeting at the company headquarters in Riyadh. The committee comprises Talal Al-Maiman, executive director for development and domestic investments, Ahmed Halawani, executive director for private equity, international investments, Sarmad Zok, executive director of hotel investments and Shadi Sanbar, KHC's CFO. The 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 strength and will continue to distribute dividends." KHC, founded in 1980, is a publicly traded company that was listed on Tadawul in 2007. 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, media, aviation and the industrial sector.