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Saudi Prince Alwaleed Bin Talal


 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




 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




 Saudi investor Prince Alwaleed met advisor to Russian president

1kingdom.pngPrince Alwaleed Bin Talal Bin Abdulaziz Alsaud, Chairman of Kingdom Holding Company (KHC), received at his office in Riyadh, Mr. Alexander Voloshin, Advisor to Russian President.

The Prince's investments through Kingdom Holding Company in Russia include investments in the hotel sector through Swisssotel, and in the banking sector through Citigroup.

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

Their full press release follows




 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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