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Ahmed Halawani


 Saudi family office acquired $300 million stake in Twitter

kingdom-twitter.jpgPrince Alwaleed Bin Talal Bin Abdulaziz Alsaud, and Kingdom Holding Company announced investment of $300 million in Twitter.

Dow Jones is reporting that this $300 million represents a 3 percent stake in the company. Kingdom Holding already holds roughly 7 percent stake in News Corp as well. As DubaiBeat reported back in 2010, they had also acquired stake in GM for $500 million.

Kingdom Holding Company is listed in the Middle East Investors Directory with the code BFD84.

More details follows

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 Saudi investors of Kingdom Holding invest $60 million in Glencore IPO

kingdom-glencore.jpgPrince Alwaleed bin Talal, chairman of Kingdom Holding, and the firm have placed an order for $400 million but received $60 million in Glencore IPO.

This represents 3.6 percent of the value of Glencore’s IPO and the offering was substantially oversubscribed.

Kingdom Holding Company is listed in the Middle East Investors Directory with the code BFD84.

More details follows from Arab News

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 Saudi investor acquired stake in GM for $500 million

kingdom-gm.pngSaudi billionaire Prince Alwaleed Bin Talal and his Kingdom Holding Co. bought $500 million of General Motors shares through the automaker’s IPO - the Bloomberg is reporting.

The 1 percent stake in Detroit-based GM was acquired because of “the global strength of General Motors brand, the relatively attractive offering price, and the company’s growth prospects in Brazil and China,” the Riyadh, Saudi Arabia-based company said.

Kingdom Holding is listed in the Middle East Investors Directory with the code BFD84.

More details from the Bloomberg follows

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