SR.No: 82
Kingdom Holding Company
Sector: Investments
Date of Establishment: 1996
Country: Saudi Arabia
CEO: Talal Ibrahim Almaiman
Sales: $274 million
Profits: $-407 million
Assets: $13.2 billion
Market Value: $8 billion
Kingdom Holding Company owns a wide range of investments in hotels, real estate, banking, and media. It has investments in well-known brands, including Twitter, Four Seasons, Uber, Careem, Deezer, Accor, and Flynas. In November 2020, one of its subsidiaries, the Kingdom Investment and Development Company, sold 54.5% in the Care Shield Holding Company to the Dallah Healthcare Company for $80 million. Alwaleed Philanthropies has spent more than $4 billion on social welfare projects. In 2020, it donated $30 million to help fight the pandemic.