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President Josipović of Croatia & Prince Alwaleed in a Business Meeting

August 11, 2014


His Excellency President Ivo Josipović of Croatia hosted a luncheon in the presidential summer residence the city of Makarska in honor of HRH Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, Chairman of Kingdom Holding Company (KHC) and HRH’s accompanying delegation.

During the luncheon, Prince Alwaleed cordially thanked Mr. Josipović for his invitation. Moreover, the discussions touched upon political, cultural, social and economic activities and various general issues especially in business and investments arena. His Royal Highness Prince Alwaleed bin Talal in the presence of his Excellency President Ivo Josipović held a press conference.

Furthermore, Prince Alwaleed has received an invitation from His Excellency the President of Croatia to invest in Croatia.

Moreover, Mr. Josipović commended Prince Alwaleed on his efforts on the business and philanthropic front, describing His Royal Highness as one of the largest and most influential global investors and global philanthropic supporter.

In turn, Prince Alwaleed commended on the development of Croatia and promised to study the prospects of cooperation between KHC and Croatia.

Prince Alwaleed accompanying delegation included: Mr. Turki Alshabanah, President of Rotana TV Channels, Dr. Nahla Nasser Alanbar, Private Executive Assistant to HRH the Chairman, Mr. Hani Agha, Senior Manager Travel & External Affairs and Mr. Fahad Bin Saad Bin Nafel, Executive Assistant to HRH the Chairman.  

Also in earlier time of HRH visit to Croatia, Prince Alwaleed met with HH Milan Bandić Mayor of Zagreb at the city hall. Both have discussed economic and social issues.

KHC was founded in 1980 and publicly traded and listed on Tadawul (the Saudi Stock Exchange) in 2007.  KHC is one of the world’s most successful and diversified business organizations, highly respected in the field of investments and recognized as an elite player in the Arabian Gulf region, and internationally. The Company is recognized as one of the largest foreign investors in the United States. KHC’s portfolio has its major interests in investment categories ranging from luxury hotels management hotel companies (Four Seasons Hotels and Resorts, Fairmont Raffles Holding Intl and Mövenpick Hotels, Resorts AG and Swissotel) and real estate (Kingdom Tower and project in Jeddah and Kingdom Riyadh project) to hotel real estate investments such as (The Plaza, New York, Savoy Hotel, London and Four Seasons, George V Hotel, Paris and other hotels). KHC also has investments in Petrochemical (Tasnee) Media and Publishing (News Corporation and Saudi Research and Marketing Group), as well as in Entertainment (Euro Disney S.C.A). In addition, Finance and Investment services (Citigroup), Social Media and Technology (Twitter and Jingdong). Moreover, the Company has investments in Education (Kingdom Schools), Health Care (Medical Services Projects Company), Aviation (NAS Saudi Arabia) and Agriculture (Kingdom Agricultural Development Company – KADCO Egypt).