Kingdom Holding Company
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Kingdom Holding Company
The Kingdom Holding Company (KHC) ( ar, شركة المملكة القابضة) is a Saudi conglomerate holding company, based in Riyadh. The KHC is a publicly listed company on the Tadawul (Saudi stock exchange). The KHC consists of a select team of experienced investment specialists directed by its founder and chairman, Prince Al-Waleed bin Talal and chief executive officer, Eng. Talal Ibrahim Al Maiman. The company describes itself as a diversified investment company, whose main interests are financial services, real estate, tourism and hospitality, media, entertainment, petrochemicals, aviation and technology. Present investments Present investments include: * Four Seasons Hotels & Resorts (Canada-based) (owns 23.75% with Cascade Investment, LLC, and others) * Fairmont Raffles Swissotel (minority ownership with Accor) * Hotel George V (100%) (France) * KADCO Egypt (100%) (Egypt) * Kingdom Hospital-Consulting Clinics (100%) (Saudi Arabia) * Kingdom Hotels Investme ...
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Joint-stock Company
A joint-stock company is a business entity in which shares of the company's stock can be bought and sold by shareholders. Each shareholder owns company stock in proportion, evidenced by their shares (certificates of ownership). Shareholders are able to transfer their shares to others without any effects to the continued existence of the company. In modern-day corporate law, the existence of a joint-stock company is often synonymous with incorporation (possession of legal personality separate from shareholders) and limited liability (shareholders are liable for the company's debts only to the value of the money they have invested in the company). Therefore, joint-stock companies are commonly known as corporations or limited companies. Some jurisdictions still provide the possibility of registering joint-stock companies without limited liability. In the United Kingdom and in other countries that have adopted its model of company law, they are known as unlimited companies. In ...
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Technology
Technology is the application of knowledge to reach practical goals in a specifiable and reproducible way. The word ''technology'' may also mean the product of such an endeavor. The use of technology is widely prevalent in medicine, science, industry, communication, transportation, and daily life. Technologies include physical objects like utensils or machines and intangible tools such as software. Many technological advancements have led to societal changes. The earliest known technology is the stone tool, used in the prehistoric era, followed by fire use, which contributed to the growth of the human brain and the development of language in the Ice Age. The invention of the wheel in the Bronze Age enabled wider travel and the creation of more complex machines. Recent technological developments, including the printing press, the telephone, and the Internet have lowered communication barriers and ushered in the knowledge economy. While technology contributes ...
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21st Century Fox
Twenty-First Century Fox, Inc., doing business as 21st Century Fox (21CF), was an American multinational mass media corporation that was based in Midtown Manhattan, New York City. It was one of the two companies formed on June 28, 2013, following a spin-off of the publishing assets of the old News Corporation as News Corp. 21st Century Fox was the legal successor to News Corporation dealing primarily in the film and television industries. It was the United States' fourth-largest media conglomerate until its acquisition by The Walt Disney Company in 2019. The other company, News Corp, holds Murdoch's print interests and other media assets in Australia (both owned by him and his family via a family trust with 39% interest in each). Murdoch was co-executive chairman, while his sons Lachlan Murdoch and James Murdoch were co-executive chairman and CEO, respectively. 21st Century Fox's assets included the Fox Entertainment Group—owners of the 20th Century Fox film studi ...
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Reuters
Reuters ( ) is a news agency owned by Thomson Reuters Corporation. It employs around 2,500 journalists and 600 photojournalists in about 200 locations worldwide. Reuters is one of the largest news agencies in the world. The agency was established in London in 1851 by the German-born Paul Reuter. It was acquired by the Thomson Corporation of Canada in 2008 and now makes up the media division of Thomson Reuters. History 19th century Paul Reuter worked at a book-publishing firm in Berlin and was involved in distributing radical pamphlets at the beginning of the Revolutions in 1848. These publications brought much attention to Reuter, who in 1850 developed a prototype news service in Aachen using homing pigeons and electric telegraphy from 1851 on, in order to transmit messages between Brussels and Aachen, in what today is Aachen's Reuters House. Reuter moved to London in 1851 and established a news wire agency at the London Royal Exchange. Headquartered in London, R ...
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Al Jazeera
Al Jazeera ( ar, الجزيرة, translit-std=DIN, translit=al-jazīrah, , "The Island") is a state-owned Arabic-language international radio and TV broadcaster of Qatar. It is based in Doha and operated by the media conglomerate Al Jazeera Media Network. The flagship of the network, its station identification, is ''Al Jazeera.'' The patent holding is a "private foundation for public benefit" under Qatari law. Under this organizational structure, the parent receives funding from the government of Qatar but maintains its editorial independence. In June 2017, the Saudi, Emirati, Bahraini, and Egyptian governments insisted on the closure of the entire conglomerate as one of thirteen demands made to the Government of Qatar during the Qatar diplomatic crisis. The channel has been criticised by some organisations as well as nations such as Saudi Arabia for being "Qatari propaganda". Etymology In Arabic, ' literally means "the island". However, it refers here to the Arab ...
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Rotana Group
Rotana Media Group, commonly known as Rotana ( ar, روتانا, Rōtānā), is a Saudi Arabian entertainment company. It is primarily owned by Saudi prince Al Waleed bin Talal. The media conglomerate includes a film production company (Rotana Studios), free to air television stations (Rotana TV), music channels (Rotana Radio), a record label (Rotana Music Group) and others businesses. Rotana was founded by Ibrahim Nagro and his brothers, with a 50% share to the Saudi business man Saleeh Kameel. In 2003, Al Waleed increased his stake to 100 percent, after initially acquiring a 48 percent stake in 2002. He developed Rotana Music Channel as a 24-hour free-to-air service for Rotana artists. This was followed by Rotana 2, Rotana Clip, augmented with SMS, and Rotana 3 for classical Arab music, followed by a movie channel. Rotana Records Rotana Records is a record label with over 100 signed artists. Rotana Radio Rotana is a series of radio stations belonging to Rotana Group. R ...
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Flynas
Flynas ( ar, طيران ناس), stylized ''flynas'', formerly Nas Air, is a Saudi low-cost airline, the country first budget airline. The company's head office is located in Riyadh. History Saudi Arabian Airlines was the only airline in the country until , when budget carriers Nas Air and Sama Airlines got their licenses from the government. Nas Air was founded in . Operations started in February that year. In late 2007, Nas Air firmed up an order for the acquisition of 20 aircraft of the Airbus A320 family. The company changed its name from ''Nasair'' to ''Flynas'' in . In January 2017, Flynas signed an agreement to order 80 Airbus A320neo family with deliveries schedule from 2018 to 2026. In November 2018, Flynas took delivery of the first Airbus A320neo family aircraft. Corporate affairs Ownership , Flynas was owned in its majority by National Airline Services Holding (63%); the balance was held by Kingdom Holding. Destinations Assiut and Sharm el Sheikh in Egypt bec ...
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Lyft
Lyft, Inc. offers mobility as a service, ride-hailing, vehicles for hire, motorized scooters, a bicycle-sharing system, rental cars, and food delivery in the United States and select cities in Canada. Lyft sets fares, which vary using a dynamic pricing model based on local supply and demand at the time of the booking and are quoted to the customer in advance, and receives a commission from each booking. Lyft is the second-largest ridesharing company in the United States after Uber. History Lyft was launched in the summer of 2012 by computer programmers Logan Green and John Zimmer as a service of Zimride, a long-distance intercity carpooling company focused on college transport that they founded in 2007 after Green shared rides from the University of California, Santa Barbara campus to visit his girlfriend in Los Angeles and was seeking an easier way to share rides. In May 2013, the company changed its name from Zimride to Lyft. Later that year, Lyft sold the orig ...
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Lebanese Broadcasting Corporation
The Lebanese Broadcasting Corporation International ( ar, المؤسسة اللبنانية للإرسال انترناسيونال), widely known as LBCI, is a private television station in Lebanon. LBCI was founded in 1992 by acquiring the assets, liabilities and logo of LBC, an entity founded in 1985 during the Lebanese Civil War by the Lebanese Forces militia. LBCI went global in 1996 when it launched its satellite channel LBC ''Al-Fadha'iya Al-Lubnaniya'' ( ar, الفضائية اللبنانية) covering Lebanon, the Arab world, Europe, America, Australia and Africa. History Post-war era The Lebanese Forces, a Lebanese militia that had founded LBC in 1985, was militarily and financially weakened by Lebanese civil war which ended in 1990 and its leader Samir Geagea was imprisoned in 1994. In 1992, Pierre El Daher had founded LBCI along with other shareholders and registered it at the Commercial Register of Baabda. In April 1996, El Daher and other shareholders launched LB ...
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Hotel George V, Paris
Four Seasons Hotel George V ( ) is a luxury hotel on avenue George V in the 8th arrondissement of Paris. History The Hotel George V, named for King George V of the United Kingdom, opened in 1928. It was financed, at a cost of $31 million (60 million Francs), by American businessman Joel Hillman. It was managed by restaurateur André Terrail, owner of La Tour d'Argent. Its architect was Georges Wybo, who had designed the Casino de Deauville and the reconstruction of the Printemps Haussmann following the fire of 1921. The hotel was popular with Americans arriving in France on Transatlantic ocean liners, as it operated offices in the port of Cherbourg to receive customers on their arrival. Joel Hillman was forced to relinquish the George V to his lenders after the Wall Street Crash of 1929. The George V was bought in 1931 by the banker François Dupré and a new wing was built by the original architects, containing apartments that could be rented year-round or seasonally, with ...
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Accor
Accor S.A. is a French multinational hospitality company that owns, manages and franchises hotels, resorts and vacation properties. It is the largest hospitality company in Europe, and the sixth largest hospitality company worldwide. Accor operates in 5,300 locations in over 110 countries. Its total capacity is approximately 777,714 rooms. It owns and operates brands in many segments of hospitality: Luxury ( Raffles, Fairmont, Sofitel), premium ( MGallery, Pullman, Swissôtel), midscale (Novotel, Mercure, Adagio), and economy (ibis, hotelF1). Accor also owns companies specialized in digital hospitality and event organization, such as onefinestay, D-Edge, ResDiary, John Paul, Potel & Chabot and Wojo. The company is headquartered in Issy-les-Moulineaux, France, and is a constituent of the CAC Next 20 index in the Paris stock exchange. History From Novotel to Accor In 1967, Paul Dubrule and Gérard Pélisson founded the hospitality group Société d'investissemen ...
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