Kingdom completes Al-Hilal deal, reshaping Kingdom stock's portfolio

Published on 10/20/2026 at 09:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The Al-Hilal stake cost SAR 840 million on September 1, 2026. Kingdom stock's portfolio now spans 22 sectors and global assets.

Portfolio and transaction scale

Kingdom Holding acquired 70.00 percent of Al-Hilal on September 1, 2026.
The transaction carried an equity valuation of SAR 1.2 billion.
Kingdom stock had a market capitalization of SAR 48.5 billion on October 19, 2026.

Kingdom, SA31RG522S19, Illustration mit AI erstellt.

Kingdom Holding (SA31RG522S19) acquired 70.00 percent of Al-Hilal Club for SAR 840.00 million on September 1, 2026, according to Alwaleed Alkeaid. The transaction gives the investment company a majority position in one of Saudi Arabia's best-known sports assets while adding another operating sector to its portfolio.

What does 70 percent mean?

The deal was based on an equity valuation of SAR 1.20 billion for Al-Hilal, while the consideration paid by Kingdom Holding was SAR 840.00 million. Jawlah reported that the company had satisfied the required regulatory and internal conditions in September 2026.

For investors, the transaction matters because it shifts part of Kingdom Holding's capital toward sports ownership rather than a purely passive investment. The company describes its portfolio as spanning 22 sectors, with hospitality, financial services, real estate, aviation and technology among its strategic areas.

A portfolio beyond one deal

Kingdom Holding's investor-relations page lists a portfolio value of SAR 100.4 billion and identifies North America as representing 59.00 percent of its geographic exposure. Its listed equity allocation includes SpaceX at 27.10 percent, Citigroup at 10.50 percent and BSF at 7.80 percent, while hospitality represents 20.80 percent of the portfolio, according to Kingdom Holding.

The same company page says revenue growth reached 10.20 percent year over year in 2024. That figure is historical, but it provides a reference point for a company whose latest strategic move combines financial investment with direct ownership of a sports business.

Stock context in Saudi riyals

The latest home-market quote stood at SAR 13.08 on Tadawul on October 19, 2026. The finance profile also places the 52-week range at SAR 7.50 to SAR 15.94 and the market capitalization at SAR 48.5 billion as of October 19, 2026.

Kingdom Holding stock therefore sits within a broad valuation backdrop that reflects both listed-market performance and the value of its private and strategic holdings. The Al-Hilal transaction adds a clearly measured SAR 840.00 million commitment to that broader portfolio.

The company has no future reporting date stated in the cited investor-relations material. Its next market test will be whether the Al-Hilal investment can contribute to portfolio value alongside the existing hospitality, banking, real-estate and technology holdings.

Market value and portfolio breadth

The latest home-market quote stood at SAR 13.08 on Tadawul on October 19, 2026, while the company reported a portfolio value of SAR 100.4 billion on its investor-relations page.