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Kingdom Holding plans $400 mln Jeddah project

Posted on 18 June 2009

From Maktoob.com: Kingdom Holding Co (KHC) will invest close to 1.5 billion Saudi riyals ($400 million) during the first year of developing its Jeddah project, Talal Ibrahim al-Maiman, executive director of Local Investments and Development told Arabiya TV on Wednesday.

“Other than our own investment in the project and the investment of our partners, we may consider bank loans or sukuk to finance the project,” Maiman said………Full Article: Source

 
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