Arab Today, arab today twitter investment of khc and prince alwaleed rises to 12bn
Last Updated : GMT 18:01:57
Arab Today, arab today
Arab Today, arab today

Twitter investment of KHC and Prince al-waleed rises to $1.2bn

Arab Today, arab today

Arab Today, arab today Twitter investment of KHC and Prince al-waleed rises to $1.2bn

Riyadh - Arab Today

Prince Alwaleed bin Talal, chairman of Kingdom Holding Company (KHC), held a board meeting at the company’s headquarters in Riyadh. The meeting was held to oversee KHC’s performance in 2013, approve 2014 budget and operation strategy. The meeting also outlined and fortified KHC’s diversified investment strategy, long-term vision for growth and development, and for future prospective investment opportunities. During the meeting, the board referred to KHC and Prince Alwaleed’s combined investment in Twitter that has increased from $300 million to around $1.2 billion since Twitter’s IPO in November 2013 as per market closing on Friday Dec. 27. The meeting was attended by the KHC board It comprised Talal Al-Maiman, executive director for development and domestic investments and member of the investment committee, Shadi Sanbar, KHC’s chief financial officer (CFO) and member of the investment committee, Sarmad Zok, executive director of Hotel Investments and member of the investment committee, and the independent board members that comprises Saleh Al-Sagri, Taher Agueel and Rasha El-Hoshan. Prince Alwaleed represented Khaled Al-Saheem during the meeting in his absence. Mohammed Fahmy, deputy CFO, also attended the meeting. KHC also announced the retirement of Shadi Sanbar from his position as CFO effective December 31, 2013 during the board meeting. In addition, Sanbar will serve as senior financial adviser to Prince Alwaleed, chairman of KHC and will remain as a non-executive member of the board of directors of KHC and board member to other KHC associates namely Four Seasons Hotels and Resorts and Fairmont Hotels and Resorts Inc. Holding Limited. In addition, KHC announced the appointment of Mohammed Fahmy as the CFO effective January 1, 2014 and member of the investment committee. Also, KHC announced the appointment of Adel Alsayed, executive director for International and Private Equity as a KHC board member effective January 15, 2014. Source: Arab News

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today twitter investment of khc and prince alwaleed rises to 12bn Arab Today, arab today twitter investment of khc and prince alwaleed rises to 12bn

 



Arab Today, arab today
Arab Today, arab today Prepares to present her new collection

GMT 14:29 2017 Monday ,20 February

Prepares to present her new collection
Arab Today, arab today Tourism shows signs of recovery

GMT 09:59 2017 Monday ,20 February

Tourism shows signs of recovery
Arab Today, arab today Sarah Belamesh designs antiques of "ceramic"

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"
Arab Today, arab today 11 family members dead in rebel push

GMT 07:57 2017 Tuesday ,21 February

11 family members dead in rebel push
Arab Today, arab today To probe sexual harassment claims

GMT 10:08 2017 Tuesday ,21 February

To probe sexual harassment claims

GMT 14:57 2017 Monday ,20 February

A giant initial public offering on track

GMT 14:50 2017 Monday ,20 February

Energy Market Research

GMT 09:38 2017 Monday ,20 February

Japan returns to trade deficit in January

GMT 07:16 2017 Monday ,20 February

Global arms trade highest since Cold War

GMT 06:10 2017 Monday ,20 February

Tourism shows signs of recovery in Egypt

GMT 05:45 2017 Monday ,20 February

Brexit U-turn ruled out by many in EU
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today 57 monkeys carrying 'invasive' genes

GMT 16:00 2017 Tuesday ,21 February

57 monkeys carrying 'invasive' genes
Arab Today, arab today 63-Year-Old Woman Delivers Baby

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby
Arab Today, arab today Small ponds have outsized impact

GMT 15:53 2017 Tuesday ,21 February

Small ponds have outsized impact
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Nissan enhances sales in most markets

GMT 14:08 2017 Monday ,20 February

Nissan enhances sales in most markets
Arab Today, arab today Competes Sweden and Germans by S90

GMT 22:36 2017 Thursday ,16 February

Competes Sweden and Germans by S90
Arab Today, arab today Ahmed Fahmy stresses he did not ignore singing

GMT 06:34 2017 Sunday ,19 February

Ahmed Fahmy stresses he did not ignore singing
Arab Today, arab today London to tax old cars

GMT 14:06 2017 Friday ,17 February

London to tax old cars

GMT 21:11 2017 Saturday ,18 February

Egypt to hold first session of Arab film festival

GMT 06:50 2017 Wednesday ,15 February

Tragic fluctuations of Bakhtiari's life revealed

GMT 19:10 2017 Friday ,17 February

Hats, scarves add beauty to women

GMT 20:41 2017 Wednesday ,15 February

Teach monkeys to recognize themselves in mirror

GMT 23:29 2017 Thursday ,16 February

Home built on sand castles-style costs $8m

GMT 14:51 2017 Monday ,20 February

Ways to acquire presentation skills

GMT 19:16 2017 Friday ,17 February

Aziz House ready to host the tourists

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 12:39 2017 Monday ,20 February

newest smartphone another winner for Huawei

GMT 13:16 2017 Tuesday ,14 February

First fashion model with Down syndrome
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday