GulfBase Live Support
Leave a message and our representative will contact you soon
13/06/2014 08:29 AST
Kingdom Holding Company (KHC), chaired by Prince Alwaleed bin Talal, and Caisse des Depots International Capital (CDC International Capital — CDCIC) have signed a memorandum of understanding (MOU) to establish an investment vehicle jointly managed by CDCIC and KHC seeking to develop Saudi projects and ventures that will benefit from the involvement of French companies, technologies and know-how.
The KHC-CDCIC platform will help advance bilateral economic cooperation and trade, and facilitate access to long-term capital in both countries by companies engaged in economic cooperation between Saudi Arabia and France. To advance this partnership, a working group was formed, co-chaired by Prince Alwaleed and Laurent Vigier, CEO of CDCIC.
This partnership will seek attractive investments across a broad range of sectors and asset classes, with strong focus on opportunities promoting economic cooperation between the two countries and contributing to the growth and prosperity of both economies.
Founded in 1980, KHC is a publicly traded company, which was listed on Tadawul (the Saudi stock exchange) in 2007.
KHC is one of the world’s most successful and diversified business organizations, highly respected in the field of investments and recognized as an elite player in the Gulf region and internationally.
The company is recognized as one of the largest foreign investors in the United States. KHC’s portfolio has its major interests in investment categories, including those in the hotels and hotel management sector.
Caisse des Depots International Capital (CDC International Capital) is the Caisse des Depots investment corporation dedicated to partnerships with sovereign wealth funds and other long-term institutional investors. It was set up in 2008 to spearhead the group's international development. CDC International Capital has since developed an extensive network of long-term international business ventures.
Arab News
21/03/2018
Prince Al Waleed Bin Talal, just weeks after his release from detention in Riyadh’s Ritz-Carlton, is hunting for deals again and planning to reshape his investment empire.
The prince, in hi
Gulf News
18/03/2018
Kingdom Holding Co is reviving talks to raise about $1bn in loans, weeks after its chairman Prince Alwaleed bin Talal was released from detention, people familiar with the matter said.
The
Gulf Times
09/03/2018
Kingdom Holding Company (KHC) has signed a smart city consulting agreement to design ICT infrastructure and smart services for Jeddah Tower and Jeddah Economic City Project on behalf of the Jeddah Ec
Arab News
Ticker | Price | Volume |
---|---|---|
SABIC | 114.77 | 5,915,941 |
05/04/2018
SABIC announced the successful completion of the pilot operation of the Methyl Methacrylate Monomer (MMA) and Poly Methyl Methacrylate (PMMA) plants and the commencement of commercial operations.
Saudi Gazette
05/04/2018
Standard & Poor’s (S&P) has affirmed QIB’s Issuer Credit Rating at A-, Qatar’s leading Islamic bank has said in a release. According to S&P, the major contributing factors strengthening QIB’s rating
Gulf Times
05/04/2018
Qatar National Bank (QNB) aims to increase its profit by 5-8 percent this year and loans and investments by 10-12 percent, helped by expansion into faster-growing Southeast Asia markets, its CEO told
The Peninsula
04/04/2018
Doha Bank has announced the official inauguration of its Chennai Branch, in the southern Indian state, will be held today. This is Doha Bank’s third city in India after its successful establishment o
The Peninsula
04/04/2018
Bank of Sharjah said it has engaged SHUAA Capital International as liquidity providers for its shares and will commence the activity from April 4. SHUAA Capital International shall not hold more than
Gulf News