Kingdom Holding Company

Kingdom Holding Company is a prominent international investment firm based in Riyadh, Saudi Arabia, and is led by HRH Prince Alwaleed bin Talal. Established in 1980, the company has a diverse portfolio that includes notable investments in various sectors such as banking and financial services, real estate, luxury hotels, media, healthcare, technology, and consumer goods, among others. Kingdom Holding Company focuses on identifying high-performance companies with strong brands and aims to extract value from undervalued assets. The firm primarily invests in Saudi Arabia and developing markets in the Middle East and Africa but also has a presence in global markets, including the United States. The company's strategic vision revolves around a long-term investment approach, leveraging Prince Alwaleed's extensive experience and international network to enhance its investment outcomes.

Adel Abdulaziz Alabdulsalam

Executive Director for Finance and Administration

Talal Almaiman

Chief Executive Officer

Adel Alsayed

Head of Private Equity and International Investments

Tamim Jabr

Executive Director, International Investments

17 past transactions

JD.com

Series D in 2013
JD Logistics offers supply chain and logistics services for e-commerce industry. It offers supply chain solutions including warehousing, transportation, order sorting, loading into truck, order delivery, and after-sale services. JD Logistics operates an unmanned sorting center, and it also uses drones to deliver online purchases to rural shoppers. It began operation on April 25, 2017, with its headquarters in Beijing in China, and it operates as a subsidiary of JD.com.

Deezer

Private Placement in 2018
Deezer connects 14 million active users around the world to over 53 million tracks. Available in more than 180 countries worldwide, Deezer gives instant access to the most diverse global music streaming catalogue on any device. Deezer is the only music streaming service with Flow, the unique mix of all your old favorites and new recommendations in one ever-changing stream. Based on an intuitive, proprietary algorithm and created by people who love music, it’s the only place to hear all your music back-to-back with fresh discoveries tailored to you. Deezer is available on your favorite device, including smartphone, tablet, PC, laptop, home sound system, connected car or smart TV. Deezer was founded by [Jonathan Benassaya](http://www.crunchbase.com/person/jonathan-benassaya) and [Daniel Marhely](http://www.crunchbase.com/person/daniel-marhely) in August 2006.

Careem

Series F in 2018
Careem designs an online booking platform that connects passengers with local drivers. Its platform offers a marketplace of community drivers where passengers can request a ride in minutes, see the cost, and have it charged to their selected credit card, which helps passengers have access to affordable and advantageous transportation. Abdulla Elyas, Magnus Olsson, and Mudassir Sheika founded Careem on June 15, 2012, with its headquarters in Dubai in the United Arab Emirates.

Snap

Series E in 2015
Snap Technologies, Inc. operates an online distributed media network. Its products are used on Websites and blogs. The company’s Snap Shots enables site owners to empower their readers with enhanced hyperlinks that display previews, text summaries, videos, stock charts, MP3s, and product info. Snap Technologies, Inc. was formerly known as Perfect Market Technologies, Inc. The company was founded in 2004 and is based in Venice, California.

M&G Plc

Post in 2022
M&G plc is a leading savings and investments business which was formed in 2017 through the merger of Prudential plc’s UK and Europe savings and insurance operation and M&G, its wholly-owned international investment manager. In March 2018, Prudential plc announced its intention to demerge the company with a premium listing on the London Stock Exchange. As an independent company, M&G plc has a single corporate identity and continues with two customer-facing brands; Prudential for savings and insurance customers in the UK and Europe and for asset management in South Africa and M&G Investments for asset management clients globally. In the UK, we manage £51 billion of savings on behalf of Prudential customers, many of whom invest in our PruFund range of funds, which smooths some of the extreme short term ups and downs of the stock market. We also offer face-to-face advice to UK customers through our Prudential Financial Planning service, which now has 400 advisers across the country. Under the M&G Investments brand, we offer asset management products and strategies to retail asset management and institutional clients in 28 markets. Our investment capabilities span the range of asset classes from cash to government bonds, corporate credit, multi-asset and equities. We also manage £57 billion of private assets, including bank loans, infrastructure and real estate.

Deezer

Series F in 2018
Deezer connects 14 million active users around the world to over 53 million tracks. Available in more than 180 countries worldwide, Deezer gives instant access to the most diverse global music streaming catalogue on any device. Deezer is the only music streaming service with Flow, the unique mix of all your old favorites and new recommendations in one ever-changing stream. Based on an intuitive, proprietary algorithm and created by people who love music, it’s the only place to hear all your music back-to-back with fresh discoveries tailored to you. Deezer is available on your favorite device, including smartphone, tablet, PC, laptop, home sound system, connected car or smart TV. Deezer was founded by [Jonathan Benassaya](http://www.crunchbase.com/person/jonathan-benassaya) and [Daniel Marhely](http://www.crunchbase.com/person/daniel-marhely) in August 2006.

Quantcube Technology

Private Placement in 2018
Created in July 2013 by two ambitious and passionate entrepreneurs, QuantCube Technology was born out of a desire to use to the fullest extent the potential and the new opportunities offered by Artificial Intelligence and Big Data. What was at the beginning a Fintech startup focusing on the development of the next generation of investment strategies rapidly became over the past six years a cross-sectoral R&D company whose purpose is to create value from all types of data, while being at the forefront of innovation and advocating for an ethical use of the data. While looking at the future of Analytics, they are always keen to take on new challenges, as they did when they decided a couple of years ago to extend their analytics to the Space industry for example.

Careem

Merger/Acquisition in 2017
Careem designs an online booking platform that connects passengers with local drivers. Its platform offers a marketplace of community drivers where passengers can request a ride in minutes, see the cost, and have it charged to their selected credit card, which helps passengers have access to affordable and advantageous transportation. Abdulla Elyas, Magnus Olsson, and Mudassir Sheika founded Careem on June 15, 2012, with its headquarters in Dubai in the United Arab Emirates.

Careem

Private Placement in 2018
Careem designs an online booking platform that connects passengers with local drivers. Its platform offers a marketplace of community drivers where passengers can request a ride in minutes, see the cost, and have it charged to their selected credit card, which helps passengers have access to affordable and advantageous transportation. Abdulla Elyas, Magnus Olsson, and Mudassir Sheika founded Careem on June 15, 2012, with its headquarters in Dubai in the United Arab Emirates.

Banque Saudi Fransi

Merger/Acquisition in 2017
Banque Saudi Fransi provides banking and financial services in the Kingdom of Saudi Arabia and internationally. The company operates through Retail Banking, Corporate Banking, Treasury, and Investment Banking and Brokerage segments. Its deposit products include demand accounts, saving accounts, current accounts, money market deposits, term deposits, and notice deposits, as well as mada Pay and Apple Pay products. The company’s loan portfolio comprises home and personal loans, consumer loans, overdrafts, corporate finance, working capital finance, contract finance, structured finance, trade finance, Islamic finance, project finance, and credit and debit cards, as well as other credit facilities. It also provides forex and derivative products; auto leasing services; treasury services, such as trading activities, investment securities, money market, and bank’s funding operations; and cash and wealth management services. In addition, the company provides investment management services; asset management activities related to dealing, managing, arranging, advising, and custody of securities; retail investment products; international and local shares brokerage services; education, retirement, travel protection, and car protection insurance plans; and ATM, and Islamic and e-banking services. It operates through a network of 87 branches. The company was founded in 1977 and is headquartered in Riyadh, the Kingdom of Saudi Arabia.

Accor

Post in 2016
Accor operates 800,321 rooms across around 40 brands addressing the economy through luxury segments, as of March 31, 2023. Ibis (economy scale) is the largest brand (37% of total rooms at the end of 2022), followed by mid scale brands Mercure (16%) and Novotel (14%). FRHI offers additional luxury and North American exposure. After the sale of the majority of HotelInvest (owned assets) in 2018-19, the majority of total EBITDA comes from HotelServices (asset-light). Northern Europe represents 21% of rooms, Southern Europe 23%, Asia-Pacific region 32%, Americas 12%, and India, Middle East, and Africa 12%. Economy and midscale are 73% of rooms.

Careem

Series E in 2017
Careem designs an online booking platform that connects passengers with local drivers. Its platform offers a marketplace of community drivers where passengers can request a ride in minutes, see the cost, and have it charged to their selected credit card, which helps passengers have access to affordable and advantageous transportation. Abdulla Elyas, Magnus Olsson, and Mudassir Sheika founded Careem on June 15, 2012, with its headquarters in Dubai in the United Arab Emirates.

Environment Development Co. Ltd.

Merger/Acquisition in 2019
Environment Development Co. Ltd. provides environmental services which includes hazardous waste management, environmental engineering, analytical services, environmental testing, equipment supply and maintenance, and environmental health & safety training to local and national industries within the kingdom of Saudi Arabia. Environment Development Co. Ltd. was founded in 2005 and is based in Kingdom of Saudi Arabia, United Arab Emirates.

Nana

Series C in 2023
Nana is an online grocery platform that provides doorstep deliveries of groceries and other home essentials. The company's platform offers a wide assortment of groceries, fruits, and vegetables, cosmetics, electronics, bakery items, and flowers that enables consumers to purchase products online and get them delivered to their homes. Nana was established in 2016 and is headquartered in Riyadh, Ar Riyad, Saudi Arabia.