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The Qatari state-owned company has acquired a 50 percent stake from Lloyds Banking Group, with Saudi billionaire Prince Alwaleed Bin Talal s Kingdom Holding Company holding the balance 50 percent.
Prince Alwaleed Bin Talal, chairman of Kingdom Holding Company, has received a favourable ruling a from a London court on the meaning of key elements of the defamatory articles published about him by Forbes in April 2013, a statement said.
Prince Alwaleed bin Talal, chairman of Kingdom Holding Company (KHC), received at his office in Riyadh Simon Kennedy, Canadian deputy minister of International Trade, and an accompanying delegation.
Summary: RIYADH - Saudi Arabia's Kingdom Holding Company has sold its interest in the Movenpick Resort and Spa Mauritius hotel for SR150 million ($40 million), it said in a bourse statement on Saturday.
Saudi Arabia's Prince Alwaleed, whose Kingdom Holding Company is behind the 1km-high Kingdom Tower project, has argued that the scheme is on "a solid strategic path" following a meeting of the project's various partners.
Jeddah's Kingdom Tower, set to become the world's tallest building, will be completed by mid-2017, according to Prince Alwaleed bin Talal, chairman of Kingdom Holding Company.
Owned by Saudi ArabiaAAEs Prince Al-Waleed bin Talal bin Abdul Aziz al-Saud, Kingdom Holding Company has announced the opening of its US$ 164 million
09 per cent stake in Rotana Group, and Kingdom Holding Company is owner of approximately 7 per cent of News Corp.