06/09/2009
Sept 5, 2009
Saudi Arabia's Kingdom Holding said the value of its investments available for sale rose by about 20 percent to 5.9 billion riyals ($1.57 billion) in August compared to the previous month.
The firm, owned by Prince Alwaleed bin Talal, attributed the gain to an improvement on local and international stock markets, according to a statement on the bourse website on Saturday, reports Reuters.