Kingdom Holding to operate as usual, get government support

05/11/2017 Argaam

 

Kingdom Holding Co. (KHC) is operating as usual and remains “fully committed” to serving the interests of its clients and stakeholders, despite the arrest of chairman Prince Alwaleed bin Talal, the company said in a statement to Tadawul on Sunday.

 

The company’s CEO has been assured that KHC will get full support from the Saudi government, the statement added.

 

Prince Alwaleed bin Talal was among 11 princes detained on Saturday, amidst a sweeping crackdown against corruption in the Kingdom. 

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