HRH Prince Alwaleed Bin Talal Bin Abdulaziz Al Saud, Chairman of Kingdom Holding Company (KHC), received HH Sheikh Thamer Jaber Alahmed Alsubah, Ambassador of Kuwait to Saudi Arabia. The meeting was attended by Mr. Jamal Khashoggi General Manager of Alarab News Channel that is owned by Prince Alwaleed and Dr. Nahla Nasser Al Anbar, Private Executive Assistant to HRH the Chairman.
The meeting began as the Ambassador thanked Prince Alwaleed for giving him the opportunity to meet with him. During the meeting, the two discussed the warm friendship between their two countries and referred to a number of social and economic issues. The meeting touched upon the latest developments in the GCC, Arab and International countries.
In 2011, Prince Alwaleed met with Mr. Bader Al-Saad, Managing Director of Kuwait’s Investment Authority (KIA) in Kuwait. The two discussed a number of economic issues, visions for future cooperation between the two sides and investment opportunities for KHC in Kuwait. The meeting was attended by HE Mr. Nayef Rukaibi Secretary of the Diwan of the Kuwaiti PM HH Sheikh Nasser Mohammad Al-Ahmad Al-Sabah.
Also, Prince Alwaleed held a press conference where HRH addressed the media and referred to his indirect investments in Kuwait through Kingdom Holding Company in the hotel sector via two hotels that are managed by Mövenpick Hotels and Resorts in which KHC owns a 33.3% stake, and The Four Seasons Hotel Kuwait which is under construction under the management of Four Seasons in which Kingdom Holding holds a 47.5% stake and is co-owned by Bill Gates’ Cascade in which the company also holds a 47.5% stake, and 5% of the Four Seasons is owned by Isadore Sharp. and in the financial sector through Citigroup. In addition, Rotana presence in Kuwait through an office there and the AlResala channel headquartered in Kuwait.
Prince Alwaleed was awarded “Media Personality of the Year” HRH was honored at the 8th Arab Media Forum that was held in Kuwait in April 2011 under the patronage of the Prime Minister HH Sheikh Nasser Al-Mohammad Al-Ahmad Al-Sabah and represented by HH Sheikh Ahmad Abdullah Al-Ahmad Al-Sabah, Minister of Oil and of Information on the PM’s behalf. Upon his arrival, HRH was welcomed by HH Sheikh Dr. Salem Jaber Al Ahmed AlJaber AlSabah, Advisor at the Prime Minister Diwan.
In 2008, HRH visited and met the Amir of Kuwait H.H. Sheikh Sabah Al-Ahmed Al-Jaber Al-Sabah and the Crown Prince, HH Sheikh Nawaf Al-Ahmad Al-Jaber Al-Sabah where the warm friendship between their respective countries was discussed.