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President of Ghana Meets Prince Alwaleed

September 25, 2013

HRH Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, Chairman of Kingdom Holding Company (KHC) recently visited Accra, Ghana. Prince Alwaleed was accompanied by a delegation that included Mr. Shadi Sanbar, KHC’s CFO and Executive Director, Ms. Heba Fatani, Senior Executive Manager, Corporate Communications Department, Dr. Nahla Nasser Alanbar, Private Executive Assistant to HRH the Chairman, Ms. Hassna Alturki, Department Head, Travel and External Affairs, Mr. Naief Alzuhair, Manager Website & Social Media, Corporate Communications Department, Mr. Mohammed Alfaraj, Assistant Manager, for Travel and External Affairs, Mr. Fahad Bin Saad Bin Nafel, Executive Assistant to HRH the Chairman and Mr. Hassan Mukhtar , Advisor to HRH the Chairman. During the trip, Prince Alwaleed met with HE Mr. John Dramani Mahama, President of the Republic of Ghana at the presidential palace. The President and Prince Alwaleed discussed general economic and social issues in addition to focusing on humanitarian topic of discussions. Furthermore, the President commended Prince Alwaleed on his global investments and Alwaleed Bin Talal Foundation on their efforts and support to Ghana Moreover, Dr. Alfred Oko Vanderpuiye, Mayor of Accra and Chief Executive Officer of Accra Metropolitan Assembly and Prince Alwaleed inaugurated a very major Street in Ghana “Nima Highway” that has been named after HRH Prince Alwaleed Bin Talal in recognition of HRH’s commitment to humanitarian and welfare services to the people of Ghana and promoting development. The inauguration was attended by Dr. Mustapha Ahmed, Minister of State in Charge of Development Authorities at the Office of the President and Members of Parliament of North Ayawaso, Mr. Naiza Mahama Toure, Member of Parliament for East Ayawaso and HE Mr. Hisham Mishal Al-Suwailem, Saudi Arabian Ambassador to the Republic of Ghana. In 2011, Prince Alwaleed Chairman of Alwaleed Bin Talal Foundation – Global (Registered in Lebanon) was warmly received by HE John Atta-Mills, the Former President of the Republic of Ghana at the Castle Osu. His Highness was accompanied by a delegation from KHC, Alwaleed Bin Talal Foundations and the Private office. Moreover, during the trip, HRH was awarded the Key to the City of Accra by Dr. Alfred Oko Vanderpuiye, the Mayor of the City of Accra at the Greater Accra Metropolitan Accra Assembly. Furthermore, Prince Alwaleed toured and inspected his investments through KHC in Ghana and inspected his humanitarian projects through Alwaleed Bin Talal Foundation. Also in 2011, Prince Alwaleed in the presence of HE Mr. John Dramani Mahama, Vice President of the Republic of Ghana at the time, inaugurated the $120 million Mövenpick Ambassador Hotel in Accra. The event was attended by Mr. Sarmad Zok, Chairman and CEO of Kingdom Hotel Investments (KHI) wholly owned by KHC. The hotel is considered a national and historic landmark and features 61 Executive Club rooms with their exclusive dedicated 24-hour club lounge, 15 junior suites and a palatial 350 square meter presidential suite, all overlooking the pool and gardens. KHC owns a 33.3% stake in Mövenpick Hotels and Resorts that manages the Mövenpick Ambassador Hotel. Furthermore, Alwaleed Foundation had donated $600,000 Noguchi Memorial Institute for Medical Research towards a Prince Alwaleed Clinical Research Facility for AIDS, malaria, and malnutrition in Ghana. In 2007, Alwaleed Foundation donated $250,000 to the Natural Disaster Relief Fund to provide relief from the destruction caused by the floods. In addition, Alwaleed Foundation had supported Ghana on a number of humanitarian projects in 2003that include: a donation of $100,000 to support the Fund for Early Child Center and $100,000 to support the Ghana Otumfuos Education Fund and $300,000 towards the establishment of Alwaleed School. Prince Alwaleed had also sponsored the pilgrimage of 150 Ghanaian citizens which was estimated to cost over SR1 Million. In 2006, His Highness was awarded the highest honorary medal in the country, “Companion of the Order of the Volta” during an official ceremony of investiture attended by prominent state dignitaries. In addition, in 2004 HRH was conferred the Honorary Doctorate from the University for Development Studies (UDS) in Tamale, Ghana for His Highness’s global investments and humanitarian efforts. Also in 2003 the Prince was awarded, by the King of Ashanti tribe with the diploma, with the rank of “Citizen of Honor of the Kingdom of Ashanti”.