Kingdom Holding allocates billion riyals in H1

Albilad Capital announced a special cash dividend distribution of 1 billion riyals to shareholders for the first half of 2026, in addition to annual dividends of 0.28 riyals per share for 2025. These distributions come after the company reported profits of approximately 269 million riyals in the first quarter of the year, while the value of its investments in companies affiliated with Elon Musk rose to 25.6 billion riyals following the listing of SpaceX on NASDAQ and its ownership of 42.4 million shares. The company operates across multiple sectors, with 78% of its capital owned by businessman Prince Alwaleed bin Talal.

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