‘KHC concludes 2015 with substantial achievements’

Prince Alwaleed Bin Talal Bin Alsaud, Chairman of Kingdom Holding Company (KHC), held a board meeting at the company’s HQ in Riyadh to oversee KHC’s performance in 2015, approve 2016 budget and operation strategy. Furthermore, the meeting outlined and fortified KHC’s diversified investment strategy, long-term vision for growth and development, and for future prospective investment opportunities, the company said in a statement on Tuesday.

Those in attendance were KHC Board comprised of Eng. Talal Almaiman, Executive Director for Development and Domestic Investments; Sarmad Zok, Executive Director of Hotel Investments; Dr. Adel Alsayed, Executive Director for Private Equity, International Investments; Mohammed Fahmy, Executive Board member & KHC’s CFO; and the non-executive board members that included Shadi Sanbar, Senior Financial Advisor to the Chairman; Dr. Khaled Al-Saheem, Eng. Taher Agueel and Eng. Rasha Elhoshan. The meeting was also attended Mohammed Aldowais, chief accountant at KHC.

Eng. Talal Almaiman said “Kingdom Holding concludes 2015 with substantial achievements.”