Kingdom Holding's Share Jumps 10% After Revealing Billions Stake in SpaceX

02/06/2026 04:30 AST


Asharq Al Awsat

News

Kingdom Holding's SpaceX stake jumps nearly 53% to $6.8bn after IPO

15/06/2026

Saudi Arabia's Kingdom Holding Co. said the value of its stake in SpaceX has risen to about $6.83 billion following the aerospace and technology company's debut on the Nasdaq stock exchange.

Arab News

Kingdom Holding acquires key stake in Breakthrough Energy Ventures

06/04/2026

Saudi-based Kingdom Holding Company has announced that it has acquired a stake in US-based Breakthrough Energy Ventures (BEV), a key investor in innovative clean-energy and sustainability technologie

Trade Arabia

Kingdom Holding buys BEV stake from Prince Al-Waleed for $68m

03/04/2026

Saudi investment firm Kingdom Holding Co. bought a stake in Breakthrough Energy Ventures from its chairman, Prince Al-Waleed bin Talal, for SR255 million ($67.9 million), at a discount to its latest

Arab News

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Dukhan Bank wins 2 titles at Euromoney Islamic Finance Awards 2026

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Dukhan Bank has won two major accolades at the 2026 Euromoney Islamic Finance Awards, receiving the 'Qatar's Best Islamic Bank' and 'Qatar's Best Islamic Digital Bank' awards.

The awards rei

Gulf Times

Commercial Bank reports net profit of QR1.08bn in H1

27/07/2026

Commercial Bank Group has reported a net profit before Pillar Two Tax of QR1,083.0mn on net operating income of QR2,459.4mn in the first half of this year.

The year-on-year (y-o-y) movement

Gulf Times

Aamal reports QR192.7mn net profit in H1

27/07/2026

Aamal Company reported a net profit QR192.7mn in the first half of the year.

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KIB Group reports net profit of KD 17.5 million for H1 of 2026

27/07/2026

Sheikh Mohammed Jarrah Al-Sabah, Chairman of Kuwait International Bank (KIB), announced the Group's financial results for the first half (H1) of 2026 ended 30 June 2026. KIB Group achieved net profit

Kuwait Times

Gulf Bank donates $3 million to Emergency Response Fund

27/07/2026

Gulf Bank announced a financial contribution of $3 million to the Kuwait Emergency Response Fund, administered by the Kuwait Fund for Arab Economic Development (KFAED), in support of national efforts

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