Kingdom Holding Company

The KHC consists of a select team of experienced investment specialists directed by its founder and chairman, Prince Al-Waleed bin Talal[2] and chief executive officer, Eng.

Kingdom Africa is run by J. Kofi Bucknor and focuses on growth equity investments.

[citation needed] In 2007, the company committed to purchasing an Airbus A380 "Flying Palace" for $485 million,[11] however according to the Kingdom Holding's chief financial officer the plane has been sold.

[12] In April 2010, the company sold part of its stake in Raffles Holdings International in a deal worth about $847 million to a group of investors, including an affiliate of Qatar’s sovereign wealth fund.

[13] In August 2011, the company announced plans for the construction of Jeddah Tower, one of the tallest buildings in the world.