Kingdom Holding completes Al-Hilal deal. Kingdom stock is valued at SAR 50.0 billion

Published on 10/19/2026 at 09:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Kingdom bought 70.00 percent of Al-Hilal for SAR 840.00 million on September 1, 2026. Kingdom stock stood at a SAR 50.0 billion valuation on October 18, 2026.

Al-Hilal deal shapes portfolio

Kingdom Holding completed the 70.00 percent Al-Hilal acquisition on September 1, 2026.
Revenue growth reached 10.20 percent year over year in fiscal year 2024.
Kingdom Holding had a SAR 50.0 billion market capitalization on October 18, 2026.

Kingdom, SA31RG522S19, Illustration mit AI erstellt.

Kingdom Holding Company (ISIN SA31RG522S19) completed its acquisition of 70.00 percent of Al-Hilal Club Company for SAR 840.00 million on September 1, 2026. The transaction adds a majority sports asset to a portfolio spanning financial services, hospitality, real estate, technology and other sectors.

The deal was reported by Alwaleed Alkeaid on September 23, 2026, which said the Public Investment Fund retained 30.00 percent after the transaction. Jawlah later described the deal as part of a broader Saudi acquisition wave and cited an equity valuation of SAR 1.2 billion for Al-Hilal.

Portfolio scale meets new exposure

Kingdom Holding's investor-relations page lists a global portfolio value of SAR 100.4 billion across 22 sectors. Its portfolio allocation assigns 20.80 percent to hospitality, 15.10 percent to land and 3.70 percent to real estate, while equity represents 60.40 percent.

The company also reported 10.20 percent year-over-year revenue growth for fiscal year 2024 on its investor-relations page. That figure provides a useful operating comparison with the Al-Hilal transaction, which is a portfolio allocation rather than recurring revenue. The same page says the company invested SAR 2.0 billion in developing the Four Seasons Resort at the Red Sea and highlights Four Seasons, Citigroup and SpaceX among its strategic holdings.

What does the deal add?

The Al-Hilal purchase gives Kingdom Holding direct exposure to a sports asset at an equity valuation of SAR 1.2 billion, while the company paid SAR 840.00 million for its 70.00 percent stake. The transaction therefore links the group to Saudi club privatization and adds a business whose value depends on commercial rights, operating performance and future investment.

For investors, the key comparison is between portfolio breadth and concentration. Kingdom Holding reports investments across 22 sectors, while the Al-Hilal deal concentrates capital in one sports asset with a clearly stated ownership share. The company had a market capitalization of SAR 50.0 billion on October 18, 2026, giving the transaction a small single-deal scale relative to the listed group.

Trading and company facts

On Tadawul, Kingdom Holding was last at SAR 13.50 on October 18, 2026 at 3:12 p.m. AST. The same market snapshot showed a 52-week range of SAR 7.50 to SAR 15.94 and market capitalization of SAR 50.0 billion. The current price sits below the reported yearly high, keeping valuation and portfolio execution central to the stock story.

The company describes itself as a diversified investment group with exposure to hospitality, financial services, real estate, aviation, technology and connectivity. Its investor-relations page identifies the Jeddah Economic Company Tower and the Four Seasons Red Sea project as major real-estate and hospitality initiatives. These assets make the Al-Hilal acquisition part of a wider portfolio strategy rather than an isolated operating expansion, according to Kingdom Holding Company.