Kingdom Holding completes the implementation of an investment program of 12.8 billion riyals

Kingdom Holding completes the implementation of an investment program of 12.8 billion riyals

The Kingdom Holding Company announced the termination of an investment program worth 12.8 billion riyals ($3.4 billion) during the period between the second quarter of 2020 and the second quarter of 2022, targeting investment in companies It operates in several sectors with a track record of growth and a strong financial position.

Kingdom Holding said in a statement on “Tadawul Saudi Arabia” today, Thursday, that the investments in this program diversified to include the integrated telecommunications sectors, and alternative financing. Mobility services, energy, digital media and entertainment, artificial intelligence, e-commerce, insurance and asset management, commodities, and finally investment funds. Includes banking, real estate (commercial and residential), healthcare, education, petrochemicals, hotel management, hotel real estate, social media, mining and commercial aviation.