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On September 1, 2026, Kingdom Holding Company announced its acquisition of a 70% stake in Al Hilal Saudi Club for 840 million riyals (approximately $222.9 million), with an equity valuation of 1.2 billion riyals ($318.4 million). This deal was made in partnership with the Public Investment Fund, which now owns 30% of the club, and also holds 100% ownership of Al Nasser, Al Ittihad, and Al Ahli clubs. Businessman Prince Alwaleed bin Talal emphasized Kingdom Holding's full support for Al Hilal and the pride of raising the Saudi national flag.
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