Prince Alwaleed bin Talal’s Kingdom Holding has invested $3.4bn in past two years – The National

Prince Alwaleed bin Talal’s Kingdom Holding has invested $3.4bn in past two years – The National

Kingdom Holding, the investment company controlled by Saudi Arabia's Prince Alwaleed bin Talal, invested 12.8 billion Saudi riyals ($3.4bn) between the second quarter of 2020 and the second quarter of this year across various sectors.

The company, which has stakes in Citigroup, JD.com, Accor, Uber, Careem, Lyft and Twitter, invested in sectors that include integrated communication, alternative financing, mobility services, energy, digital media and entertainment, Kingdom Holding said in a statement to the Tadawul stock exchange, where its shares are traded.

It also invested in e-commerce, insurance and asset management, as well as commodities and funds sectors.