Prince Alwaleed and Prince Charlesdiscuss investments in Riyadh talks
Prince Alwaleed bin Talal, chairman of Kingdom Holding Company (KHC), received Prince Charles, the prince of wales, and an accompanying delegation in Riyadh at Kingdom Resort. The meeting began as Prince Charles thanked Prince Alwaleed for his hospitality and warm welcome. Prince Charles and Prince Alwaleed discussed the importance of the long established Saudi-British relations and the efforts made by both countries to maintain it. The two royals also discussed a number of general local, regional and international issues. Also, during the meeting Prince Charles and Prince Alwaleed discussed the prince’s investments through KHC in the United Kingdom and their philanthropic global projects in addition to the activities of Alwaleed bin Talal Foundation that is chaired by Prince Alwaleed. The meeting was also attended by royals, ministers and VIPs that included, Prince Turki bin Talal bin Abdulaziz, head of the Initiative Campaign “Nulabi Al-Nida” (We Answer the Call) and Prince Abdulaziz bin Turki bin Talal. The delegation from KHC included Mohammed Fahmy, KHC’s CFO, Mohammed Almujadidi, senior executive manager, office of the chairman, Heba Fatani, senior executive manager, corporate communications department and Intisar Alyamani, executive manager, corporate communications Department. From Prince Alwaleed’s private office, the attendees were Nada Alsugair, executive director, finance and administration, Maram Bakhurji, manager, design and construction department, Hassna Alturki, department head travel and external affairs Hani Alagha, senior manager, travel and external affairs and Fahad bin Saad bin Nafel, executive assistant to the chairman, The delegation from Alwaleed bin Talal Foundation were Nauf Al-Rawaf, executive manager of international development projects and Princess Lamia bint Majid Alsaud, executive manager, media and communication. Prince Alwaleed’s investments through KHC in the UK include ownership of 50 percent in The Savoy hotel that is managed by Fairmont in which KHC owns a 35 percent stake in, and Citigroup in the financial sector. In addition, other investments include a 47.5 percent interest in the Four Seasons Hotels and Resorts is equally co-owned by the billionaire Bill Gates’ Cascade, and 5 percent of the Four Seasons is owned by Isadore Sharp founder of the Four Seasons; which manages 3 hotels; London at Park Lane, London at Canary Wharf and the third in Hampshire.