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FINANCIAL NEWS
Saudi Arabia to boost economic ties with China
30 Mar 2016
(MENAFN) Kingdom Holding Company (KHC) discussed with China investment and economic issues, and the mutual economic relations between their countries.
Furthermore, China commended Saudi for its efforts in playing an essential role in economic and social development, and referred to the prince’s local and global investments.
Additionally, both sides discussed investments in China which involved the banking and hotel sectors, which acquired combined value at USD 250mn.
Investments in the entertainment sector in China involves Disneyland Hong Kong and in the hotel sector via Four Seasons Hotels and Fairmont Raffles Hotel.
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