24 Jun 2010
(MENAFN) Saudi Prince Alwaleed Bin Talal, Chairman of Kingdom Holding Company (KHC), has pledged to support the Lebanese economy during the coming years and said that his total investments in Lebanon will amount to $1.5 billion, Reuters reported.
KHC is one of world?s largest and most diversified private investment companies, with holdings in a large number of Saudi Arabian, Middle Eastern and International companies. In particular, KHC is a leading hotel investor, with a portfolio of hotels and majority interests in international hotel management companies.
KHC owns a 47.5 percent in the administration of the Four Seasons Hotels which is one of the world?s leading managers of luxury hotels and resorts with a portfolio of 74 luxury hotels and resort properties containing 18,090 guest rooms as of March 2007.
These properties are marketed under the brand name Four Seasons in 30 countries.
KHC also has a stake in Movenpick hotels and resorts which opened in Lebanon during 2002 as well.
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more