Prince Alwaleed bin Talal's Kingdom Holding sells Geneva hotel stake | AFP

Saudi Arabia's Kingdom Holding, headed by tycoon Prince Alwaleed bin Talal, said on Monday it has sold its 50 percent stake in the Four Seasons Hotel des Bergues in Geneva. Kingdom (KHC) netted 225 million Saudi Riyals (US 60 million dollars) in the sale of its share of the 170 year old luxury hotel, which it purchased in 2003. "The sale of the Hotel des Bergues comes in line with KHC's active management of hotel assets and focus on...

Read the full article
Finance Finance