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10/01/2012 22:23 AST
Kingdom Holding Company (KHC), the investment firm chaired by Saudi Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, outlined its diversified investment strategy for 2012 at a crucial board meeting held in its Riyadh office.
Adressing the company's board members, Prince Alwaleed said “Kingdom Holding enters the year with solid optimism, and continues to distribute dividends.”
He also unveiled the KHC's long term vision for growth and development, and for future prospective investment opportunities.
KHC, he said, was one of the world’s most successful and diversified business organizations, respected in the field of investments and recognized as an elite player in the Arabian Gulf region, and internationally.
The meeting was attended by Talal Al Maiman, executive director for development and domestic investments, Ahmed Halawani, executive director for private equity, international investments, Sarmad Zok, executive director of Hotel Investments besides the independent board members Dr Khaled Al-Saheem and Taher Agueel.
KHC’s portfolio has its main interest in landmark hotel properties and hotel management companies, real estate development in Jeddah and Riyadh, financial services, technology and media, manufacturing and aviation.
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