Kingdom Holding Company (KHC) injects $282.99m in Phoenix Group

Kingdom Holding Company (KHC) founded by Saudi Prince Alwaleed Bin Talal, has injected $282.99 million (SR1.063 billion) in the Phoenix Group, one of the largest insurance, savings and retirement companies in the United Kingdom, as part of the company’s continuous Read more

Saudi public fund to launch major airline

Saudi Arabia wealth fund Public Investment Fund (PIF) is mulling plans to launch a major airline to rival regional carriers, in collaboration with other investment entities, Bloomberg reports citing local online Maaal newspaper. The news broken by unidentified people reveals Read more