Kingdom Holding Company
Riyadh-based investment holding company listed on Tadawul, chaired by Prince Alwaleed bin Talal, with holdings in technology, banking, hospitality and real estate. It reported 2025 net income of SAR 2.1 billion.
Industry: Diversified investment holding | Location: Riyadh, Saudi Arabia | Founded: 1980
About Kingdom Holding Company
Kingdom Holding Company is an investment holding company whose headquarters, per Mubasher, are at Kingdom Center in Riyadh. Its website values the portfolio at SAR 100.4 billion across 22 sectors. It lists North America at 59 percent and Saudi Arabia at 31 percent.
The company dates its origins to 1980, when it began as Kingdom Establishment for Commerce and Trade, and says it was reorganised as Kingdom Holding Company in 1998. Mubasher gives its establishment date as 29 May 1996. Prince Alwaleed bin Talal chairs the board and, per Mubasher, holds 78.13 percent of the shares, with the Public Investment Fund holding 16.87 percent. Talal AlMaiman is chief executive.
Equity makes up 60.4 percent of the portfolio, led by SpaceX at 27.1 percent, Citigroup at 10.5 percent and Banque Saudi Fransi at 7.8 percent. Hospitality accounts for 20.8 percent, including Four Seasons and The George V, and land for 15.1 percent, mainly Jeddah Economic City.
Its 2007 initial public offering of 315 million shares raised USD 2.3 billion, and that year it took Four Seasons private with a 47.5 percent stake. It sold a 23.75 percent Four Seasons stake in 2022 at a USD 10 billion enterprise value. In October 2023 it agreed a SAR 2 billion joint venture with Red Sea Global for a Four Seasons resort on Shura Island, and in February 2024 it sold Kingdom City in Riyadh for SAR 900 million. In December 2024 it raised its investment in xAI to USD 800 million.
EnterpriseAM reported 2025 revenue of SAR 2.7 billion, up 12.6 percent, and net income of SAR 2.1 billion, up 73.3 percent. The board recommended dividends of SAR 0.28 per share.
On 16 April 2026 the company signed an agreement with PIF to acquire 70 percent of Al-Hilal Club Company at an enterprise value of SAR 1.4 billion, subject to regulatory approvals. TechScoop reported on 11 August 2026 that first-half net income fell 38 percent to SAR 602 million from SAR 837 million, while the SpaceX stake rose 62 percent to more than SAR 27 billion.
Leadership
- Lama Al Sulaiman, Vice Chairperson, Independent Board Member
- Adel AlAbdulsalam, Chief Financial Officer and Executive Board Member
- Tamim Jabr, Chief International Investment Officer and Executive Board Member
- Khalid Kreidie, Chief of Domestic Investments
- Sarmad Zok, Executive Board Member; CEO of Kingdom Hotels Investments
- Reem Assad, Independent Board Member
- Hesham AlHabib, Independent Board Member