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Kingdom Holding Company

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Kingdom Holding takes majority stake in Al Hilal as PIF exits
business1 month ago

Kingdom Holding takes majority stake in Al Hilal as PIF exits

Saudi Pro League giant Al Hilal has been sold by the Public Investment Fund to Kingdom Holding Company, valuing the club at SAR1.4 billion. Kingdom Holding now owns 70% of the club, with PIF retaining a 30% stake, as Prince Alwaleed bin Talal’s firm pledges to unlock Al Hilal’s commercial potential and maintain its competitive ambitions.