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Prince Alwaleed Receives Bangladeshi Ambassador with an Invitation to Visit the Country

November 27, 2011

HRH Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, Chairman of Kingdom Holding Company (KHC) received His Excellency Mr. Shahidul Islam, Bangladeshi Ambassador to Saudi Arabia, who was accompanied by Mr. S. Bodiruzzaman, Counselor at the Bangladeshi Embassy. The meeting was attended by Dr. Nahla Alanbar, 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. Furthermore, the Ambassador commended Prince Alwaleed on his efforts on the economic and social fronts, and on his local, regional and international investments. The two also discussed HRH’s investments in Bangladesh through KHC in the financial sector via Citigroup. In conclusion to their meeting, the Ambassador invited the Prince to visit Bangladesh, in response, HRH thanked him and promised to visit the country in the near future.

Recently, Prince Alwaleed and his spouse HH Princess Ameerah Al-Taweel, vice chairwoman of Alwaleed Bin Talal Foundation that is chaired by Prince Alwaleed received Her Excellency Dr. Dipu Moni, MP, Honorable Foreign Minister of Bangladesh and an accompanying delegation. Prince Alwaleed hosted a private dinner in honor of his guest at his Palace in Riyadh. The occasion was attended by Dr. Nahla Alanbar.

The Prince’s last visit to Bangladesh was in 2005 where he had met HE President Professor Dr. Iajuddin Ahmed.

In 2011, the Alwaleed Foundation had announced its $50,000 donation to the Rural Emancipation Society (RES), Collective Farming: Economic and Social Development project for village women through dairy farming. This project focuses both on social entrepreneurship and women’s empowerment. Also in 2009, the Foundation had announced its donation of $500,000 to alleviate the suffering of Bangladesh cyclone victims. In 2008, the Alwaleed Foundation had announced its donation $806,607 to Leadership University College (LUC), Bangladesh to help build female dormitory with 250 beds, and build a teachers’ and staff quarter to accommodate 25 families, 3 bed rooms each, one dining room, one kitchen and two toilets. In 2005, the Foundation contributed $19 million to South Asia in aid of the Tsunami victims. The donation comprised of cash as well as clothes and tents. The cash amounted to $4 million. The articles of clothing were valued at $11.7 million, and ten thousand tents valued at $3.3 million. The total value of the donation adds up to ($19 million). This assistance was funneled, as all others through the sole agency officially designated by the Saudi Government to provide aid to the countries ravaged by the Tsunami.