Kingdom Hotel Investments owned by Saudi Prince Alwaleed Bin Talal, on Friday offered to buy back up to 7.5 million of its global depositary shares (GDS)for between $1 and $1.30 per share. The Dubai-based hotel and resort real-estate investment company said the buyback represented about 4.29 percent of the company's outstanding share capital. Global depositary shares of the company, a unit of Kingdom Holding Co, closed at $1.00 Wednesday on the London Stock Exchange.