22 Hrs
Source:
CNN Arabic
Saudi prince discusses Prince Al-Waleed video
Alwalid bin Talal's Kingdom Holding Company announced its acquisition of 70% of Al-Hilal Saudi Club's shares for approximately $222.88 million, with an equity value of $318.4 million. The deal involved the Public Investment Fund participating with a 30% stake. Walid bin Talal expressed full support for Al-Hilal and the lifting of the Kingdom's flag, emphasizing the cooperation of all parties to support the club, and reaffirmed that Al-Hilal embodies a trust from Crown Prince Mohammed bin Salman.
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