To mark the occasion, Prince Alwaleed gave a speech in which he addressed the President and his distinguished guests. Following the speech, the three leaders and HRH unveiled the plaque during the prestigious ceremony. The …Read full article » Lebanon: Wednesday, June 23 - 2010 @ 15:43
For the year ended 31 December 2008, KHI is expected to deliver strong growth in net income before exceptional items driven by hotel performance and real estate sales. Full-year consolidated revenue is expected to grow …Read full article » Saudi Arabia: Monday, February 09 - 2009 @ 13:58
The sale of US$12.6 million to OMERS, the Ontario Municipal Employee Retirement System, a leading Canadian pension fund management company. This transaction is further to OMERS’ acquired stake in Fairmont Raffles Holdings following their recent …Read full article » United Arab Emirates: Wednesday, October 25 - 2006 @ 12:11
The acquisition is KHI’s second acquisition in Thailand this year and was made through a joint venture company, which is 80% owned by KHI and 20% by European Hotels Corporation Ltd (EHC), KHI’s joint venture …Read full article » Saudi Arabia: Wednesday, September 20 - 2006 @ 14:40
Prince Alwaleed commented: “We are delighted to realize value of this investment amid a buoyant transactions environment in growth markets.”
Mr. Sarmad Zok, Chairman & CEO of KHI and Member of KHC’s Board of Directors, commented: …Read full article » United Arab Emirates: Tuesday, February 01 - 2011 @ 15:58
The disposal is in line with KHI’s stated strategy on portfolio rationalization and value realisation.
The 200-key Four Seasons Resort Sharm El Sheikh generated hotel Ebitda of $13.8m in 2008. This deal implies an enterprise value …Read full article » Egypt: Tuesday, May 05 - 2009 @ 11:11
KHI had sold the Swissôtel Kunshan to TA Global in January 2011, for a gross consideration of approximately $61m.
Prince Alwaleed commented: “This transaction marks yet another success for KHI’s value realization strategy from growth …Read full article » Saudi Arabia: Saturday, June 09 - 2012 @ 15:45
Prince Alwaleed commented, “This sale marks yet another successful transaction for KHI as we continue to realize value for our investors.”
Mr. Sarmad Zok, Chairman and CEO of KHI and Member of KHC’s Board of …Read full article » Saudi Arabia: Sunday, June 02 - 2013 @ 15:52
The initial offering of real estate opportunities is located in the Seychelles, a leading tourist destination and upscale resort market.
Located on the northeast tip of Praslin Island, the second largest island …Read full article » United Arab Emirates: Wednesday, July 16 - 2008 @ 07:18
After transaction costs and the repayment of debt, the pre tax cash proceeds totaled $42.3m.
Prince Alwaleed commented, “We are delighted to realize value of this investment amid a buoyant transactions environment in growth …Read full article » United Arab Emirates: Sunday, April 10 - 2011 @ 16:21