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2026-08-29T12:00:00.000Z

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Al-Walid or the Kingdom

Al-Walid or the Kingdom

The article discusses the legal acquisition of Al Kingdom Company of Al Hilal Club, noting that as a publicly traded company, it owns a controlling or full stake in the club and is subject to corporate laws and governance, which enhances transparency and legal compliance in managing the club. The article explains that financing from Al Kingdom Company does not come from Prince Al Walid bin Talal's personal account, but rather from the company's funds, the whereabouts of which shareholders and stakeholders are entitled to know—especially considering the annual obligations exceeding 700 million Riyals, including salaries, contracts, and wages. Additionally, it emphasizes the importance of adhering to regulations and avoiding leaks or unauthorized access to internal data, warning of penalties that could be imposed on responsible leadership by the Capital Market Authority, all to preserve the integrity of information and uphold good governance within the company.

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