Driving Vision 2030

With over 40% of our investment portfolio focused exclusively on Saudi ventures, KHC is better positioned than most to help steer the Kingdom towards a more diversified economic output that will position it as a global economic powerhouse.

For years, KHC has been a significant contributor to the Kingdom’s ambitious Vision 2030 agenda, with our diversified investment portfolio, across equity, hospitality, and real-estate segments, driving sustainable growth and promising a more prosperous and equitable future for all our valued stakeholders.

The logical outcome of our innovative investment strategy, perfected over four decades, is a business model that has sustainability at its heart and, thus, is in full alignment with the national interest, enabling the Kingdom’s coming transformation. As Saudi Arabia evolves from an oil-dependent economy into a truly diverse, vibrant economy, KHC’s strategic investments in sectors critical to the Kingdom’s growth will no doubt play an integral role in its inevitable rise as a major world power.

As explained elsewhere in this report in more detail, KHC’s portfolio spans multiple high-impact sectors, including hospitality, real estate, technology, healthcare, and financial services. This diversified approach is in perfect harmony with Vision 2030’s objective of creating a globally competitive, knowledge-based economy. Investing in world-class companies and developing strategic partnerships with some of the biggest names in their respective domains, KHC undeniably adds to Saudi Arabia’s economic resilience and world standing as its influence grows exponentially.

With the COVID-19 pandemic now well behind us, tourism is booming once again, and Saudi Arabia’s dream of becoming a global tourism hotspot is fast becoming a reality under Vision 2030. KHC’s investments in luxury hotels and resorts have seen our hospitality portfolio capitalise on this surge in tourism numbers, marking record revenues as highlighted in the performance review of this report. Our iconic developments on Saudi soil and our expanding equity holdings in internationally recognised hotel brands with properties scattered across the Kingdom have helped the Company propel into existence a thriving tourism trade, boosting employment and positioning Saudi Arabia as a premier destination, moving ever closer to Vision 2030’s targets.

KHC is also well positioned to drive the Kingdom’s agenda on technology and the digital economy, with active investments in emerging technologies and high-growth industries. Our stakes in leading technology companies and startups are always adding to Saudi Arabia’s digital infrastructure, while our sharp focus on artificial intelligence, fintech, and smart city solutions also contribute significantly to making the Kingdom a technology hub in the region. Our technology portfolio continues to drive economic modernisation and, vitally, lays the groundwork for a tech-driven future.

A strong financial sector is a pillar of Vision 2030, and KHC’s investments in banking, asset management, and fintech support the expansion of Saudi Arabia’s capital markets, while our participation in global financial institutions and our efforts to promote financial inclusion facilitate a financial sector that seeks to uplift all.

Underpinning Vision 2030 is a commitment to sustainable development, with environmental, social, and governance (ESG) principles at the core of the Kingdom’s socioeconomic agenda. It just so happens that KHC’s own vision is built on a desire to promote sustainability and equity and is now an integral part of our investment strategy. Not only do we prioritise responsible investing, we also actively support renewable energy initiatives with growing investments in the sector. Meanwhile, our corporate governance standards are also in increased alignment with global best practices as well as CMA regulations, as discussed in this report. We continue to champion sustainable business models across our equity, hospitality, and real-estate segments, and we are proud to note that our diverse portfolio contributes significantly to the Kingdom’s long-term environmental and economic sustainability goals.

In many ways, an economy is only as strong as its workforce, and at KHC we believe that strategic investments in key sectors go a long way in contributing to the nation’s growth by generating employment across demographics. Our portfolio provides employment opportunities and empower Saudi talent, aligning with Vision 2030’s objectives of labour force localisation and human capital development. We also partner with leading educational institutions and workforce development programs, supporting skill-building initiatives that prepare the next generation of Saudi professionals for leadership roles in high-growth industries.

KHC’s business activities and strategic vision are deeply and invariably intertwined with Saudi Vision 2030. We continue relentlessly to drive diversification and innovation, with sustainable growth as a cornerstone of our investment strategy. As Vision 2030 steers Saudi Arabia to a brighter, more equitable future, we are more confident than ever of the role we play in shaping the destiny of our beloved Kingdom.