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Saudi Arabia’s Kingdom Holding Q3 Net Profit Rises 20.5%

Saudi Arabia’s Kingdom Holding, the investment firm owned by billionaire Prince Alwaleed bin Talal, posted a 20.5 per cent rise in third-quarter net profit on Thursday, on the back of higher investment profits. Kingdom made a net profit of SAR265 million ($70.6 million) in the three months ended Sept. 30,…

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