Saudi Arabia’s US$600 billion Public Investment Fund (PIF) has snapped up a 17% stake in Kingdom Holdings (KHC), a Saudi private investor in industry and real estate majority owned by its billionaire founder Prince Al Waleed bin Talal Al Saud, for US$1.5 billion – suggesting the two entities could align...
Saudi Arabia’s US$600 billion Public Investment Fund (PIF) has snapped up a 17% stake in Kingdom Holdings (KHC), a Saudi private investor in industry and real estate majority owned by its billionaire founder Prince Al Waleed bin Talal Al Saud, for US$1.5 billion – suggesting the two entities could align...