Saudi Arabian Prince Alwaleed Bin Talal's investment company Kingdom Holding said on Wednesday it raised its ownership in Citigroup to 2.2% after acquiring from the prince a stake in the bank worth about $450 million.
Saudi Kingdom Holding sees 10% rise in Q3 net profit zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.
In 2007, Saudi Prince Alwaleed bin Talal ordered an Airbus A380 for $310 million in the world's first private jet order for the aircraft. Despite years of speculation, this order never came to fruition. Owning a private A380, already an ambitious goal, was unrealistic due to Prince Alwaleed's proposed design.