HRH Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, Chairman of Kingdom Holding Company (KHC) and Rotana Group, met with Mr. Rupert Murdoch, Executive Chairman of 21st Century Fox and Mr. James Murdoch, Chief Executive Officer of 21st Century Fox, during His Highness’s visit to New York.
The meeting was attended by Mr. Fahad Alsukait, CEO of Rotana Group and Alarab News Channel that are owned by HRH, Ms. Hassna Alturki, Executive Manager for International Relations to HRH the Chairman and Mr. Fahad Bin Nafel, Senior Executive Assistant to HRH the Chairman.
During the meeting, they discussed various issues related to their companies. In addition, Prince Alwaleed and Mr. Murdoch discussed their strategic alliance and reaffirmed their support for Rotana. KHC has a stake in voting shares in 21st Century Fox. Moreover, 21st Century Fox owns 19% stake in Rotana that is owned personally by Prince Alwaleed.
Also during HRH’s trip to New York, Prince Alwaleed met with Mr. Jack Dorsey Twitter’s CEO at The Plaza Hotel. The meeting was also attended by Mr. Fahad Alsukait, CEO of Rotana Group and Alarab News Channel, Mr. Sarmad Zok, Member of KHC’s Board of Directors, Ms. Hassna Alturki, Mr. Fahad Bin Nafel and Mr. Naief Alzuhair, Website & Social Media Manager.
During the meeting, Mr. Dorsey thanked the Prince for giving him the opportunity to meet with him. Moreover, the two discussed the latest technical, financial and organizational developments in Twitter. Furthermore, in 2015, Prince Alwaleed and KHC increased their ownership in Twitter, Inc. The combined investment in Twitter is above 5% and makes Prince Alwaleed and KHC the second largest shareholders in Twitter.