By Nayera Abdallah
DUBAI, Jan 22 (Reuters) - Saudi Arabian Prince Alwaleed
Bin Talal's investment company Kingdom Holding (KHC)
would be interested in investing in ByteDance's TikTok if Elon
Musk or others offered to buy it, CEO Talal Ibrahim al-Maiman
told Al Arabiya TV on Wednesday.
The search to find a buyer for the Chinese-owned popular
short-video app continues in the U.S. after it went dark and was
revived later by an executive order signed by President Donald
Trump delaying the enforcement of a ban on it by 75 days.
Trump said on Tuesday he was open to billionaire Musk buying
the app if the Tesla CEO wanted to do so.
KHC already holds stakes in Musk's social media platform X
and his artificial intelligence startup xAI.
Saudi Arabia's sovereign wealth fund PIF holds a minority
stake in KHC, with 5% of the company floated on the Saudi stock
exchange.
Al-Maiman expected low-cost Saudi airline flynas, in which
KHC has substantial shares, to be in the final stage of getting
approval from Saudi regulator CMA to be listed, he added on the
sidelines of the World Economic Forum in Davos, Switzerland.
While KHC, founded by Saudi Arabia's self-styled Warren
Buffett, Prince Alwaleed, holds a large diverse portfolio that
includes petrochemicals, healthcare, real estate and e-commerce,
the company wasn't rushing into the cryptocurrency market.
"We support Mr. Buffet's theory what you don't buy with,
don't invest in, so as we cannot buy any goods with
cryptocurrencies therefore we are currently not looking in
investing in them," al-Maiman said.