|Bid||1.270 x 0|
|Ask||1.280 x 0|
|Day's Range||1.270 - 1.300|
|52 Week Range||0.880 - 1.380|
|Beta (3Y Monthly)||0.07|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.02 (1.52%)|
|1y Target Est||1.00|
The former chief executive of Banque Saudi Fransi has left Saudi Arabia after the lifting of a travel ban imposed in the wake of an investigation into alleged misuse of a staff bonus scheme, say sources familiar with the matter. Patrice Couvegnes, a French national, was placed under a travel ban linked to an investigation of alleged irregularities that emerged last year in an employee incentive programme at the kingdom's fifth-largest bank by assets.
I am writing today to help inform people who are new to the stock market and want to learn about the link between company’s fundamentals and stock market performance. Kingdom Read More...
Sept 27 (Reuters) - Kingdom Holdings Ltd: * ZHEJIANG JINYUAN ENTERED INTO REVISED EQUIPMENT PURCHASE AGREEMENT WITH ZHEJIANG GOLDEN EAGLE AND AMENDS CONSIDERATION TO RMB49 MILLION Source text for Eikon: ...
Sept 19 (Reuters) - Kingdom Holdings Ltd: * EXPECTS THAT THE GROUP’S NET PROFIT FOR THE YEAR ENDING 31 DECEMBER 2018 WILL NOT BE LESS THAN RMB80 MILLION * EXPECTS THAT GROUP'S NET PROFIT FOR YEAR ENDING ...
Aug 20 (Reuters) - Kingdom Holdings Ltd: * H1 PROFIT ATTRIBUTABLE TO OWNERS OF PARENT INCREASED BY APPROXIMATELY 230.9% TO APPROXIMATELY RMB23.1 MILLION * H1 REVENUE INCREASED BY ABOUT 12.9% TO ABOUT RMB513.4 ...
Saudi billionaire Prince Alwaleed Bin Talal has invested 1 billion riyals ($267 million) into music streaming company Deezer, his first deal since being detained last year in a government crackdown on corruption. The prince’s Kingdom Holding Co. investment vehicle and his media company Rotana Group have bought new shares in Deezer, according to a statement from Alwaleed’s office on Thursday. Deezer will also get access to Rotana’s audio and video content as part of the deal.
July 17 (Reuters) - Kingdom Holdings Ltd: * COMPANY EXPECTS THAT GROUP'S NET PROFIT FOR HY WILL INCREASE BY NOT LESS THAN 100 PCT * EXPECTED RESULT DUE TO IMPROVING GROSS PROFIT MARGIN FROM MARKET RECOVERY ...
Ashkenazy Acquisition Corp. and Saudi Prince Alwaleed bin Talal’s Kingdom Holding Co., the investors trying to buy New York’s historic Plaza Hotel, sued the property’s majority owner for allegedly reneging on an agreement that gives the group the right to match another offer. Sahara US Corp., which owns a 70 percent stake in the hotel, demanded a second deposit and has been negotiating with other parties, according to a complaint filed in New York state court Friday. Minority investors Ashkenazy and Kingdom earlier this month exercised their right of first refusal on a $600 million bid for the property to instead try to purchase it on their own.
The former chief executive of Banque Saudi Fransi (BSF) is under a travel ban in Saudi Arabia almost six months after an investigation started into alleged misuse of a staff bonus scheme, said four sources familiar with the matter. Patrice Couvegnes, a French national, was dismissed by the bank, the fifth largest by assets in the kingdom, in November in coordination with the central bank and other regulatory bodies after six years at the lender. The central bank said at the time that BSF, 16.2 percent owned by Prince Alwaleed bin Talal's Kingdom Holding, might be fined over irregularities in an employee incentive programme, and had committed violations related to governance and supervisory regulations.
DUBAI, United Arab Emirates (AP) — The mammoth French AccorHotels group is acquiring Movenpick's 84 hotels around the world in a deal worth 560 million Swiss francs ($565 million).
Prince Alwaleed bin Talal's Kingdom Holding and its partners have agreed to sell Movenpick Hotels and Resorts to its associate firm AccorHotels (ACCP.PA). The deal is expected to close in the second half of 2018, Kingdom Holding said in a statement. Kingdom has a 5.7 percent stake in Accor SA.
Qatar's stock market climbed on Sunday because of plans to raise foreign ownership limits for four more major companies, while the Saudi Arabian bourse fell for a second straight day after FTSE Russell’s decision to upgrade it to emerging market status. The Qatari index rose 1.1 percent after Qatar Petroleum said foreign investors would be able to hold up to 49 percent of its affiliates Qatar Fuel, Gulf International Services, Mesaieed Petrochemical and Qatar Electricity and Water Co.
Saudi Arabian investment firm Kingdom Holding proposed a cash dividend of 0.50 riyals per share for 2017, the company said on Thursday. Chairman Prince Alwaleed bin Talal, who holds a 95 percent stake, waived his share of proposed dividends worth 299.2 million riyals quarterly ($79.8 million), it added in a bourse filing. Prince Alwaleed, the kingdom's most recognized business figure, was freed on Jan. 27 after being held at Riyadh's Ritz-Carlton hotel for three months on the orders of his cousin Crown Prince Mohammed bin Salman.
Saudi Prince Alwaleed bin Talal, chairman of Kingdom Holding, has given up full entitlement of his share of proposed annual cash distributions, the company said in a bourse filing on Thursday. Prince Alwaleed, ...
In Conversation: Prince Alwaleed bin Talal Full show for weekend programming Kingdom Holding Chairman Prince Alwaleed bin Talal speaks for the first time since his release from detention to Bloomberg's ...
March 23 (Reuters) - Kingdom Holdings Ltd: * FY REVENUE UP 19.6% TO RMB1.02 BILLION * FY LOSS ATTRIBUTABLE RMB3.1 MILLION VERSUS PROFIT OF RMB66.3 MILLION Source text for Eikon: Further company coverage:...
Two businessmen formerly detained as part of Saudi Arabia's anti-corruption campaign are now in talks with banks for loans for their firms in excess of $3 billion, sources said, suggesting that bank markets are open again for those who have reached financial settlements with the government. Saudi Prince Alwaleed bin Talal's investment firm Kingdom Holding is in talks for a loan worth up to $1 billion. A firm belonging to Fawaz Alhokair, who was also detained, is in discussions with banks for a loan of around 8 billion riyals ($2.13 billion).
Qatar's stocks outperformed in generally weak Gulf markets on Tuesday as investors awaited a U.S. interest rate hike expected at the Federal Reserve policy meeting on Wednesday. In Qatar, the index rose ...