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Prince Alwaleed Receives Maltese Ambassador to Saudi Arabia to Discuss Investment Issues

January 3, 2011

HRH Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, Chairman of Kingdom Holding Company (KHC), received at his office, His Excellency Mr. Frank Galea, Maltese Ambassador to Saudi Arabia. The meeting was also attended by Dr. Nahla Alanbar Private Executive Assistant to HRH the Chairman.

The meeting began as the Maltese Ambassador thanked Prince Alwaleed for giving him the opportunity to meet with him, as this is his first visit to HRH since he took up his post. During the meeting the Prince and the Ambassador discussed topics related their respective countries in addition to economic and investment issues.

Moreover, His Excellency briefed HRH about the current economic and social developments in Malta, in addition to potential investment opportunities there in various sectors. Mr. Galea said he hopes to present investment opportunities in Malta in more detail during a future follow-up meeting with His Highness. In conclusion to the meeting, the Maltese Ambassador extended an invitation to Prince Alwaleed to visit his country.

In response, HRH thanked the Ambassador for his visit and expressed his readiness to further support the economic relations between Saudi Arabia and Malta and promised to visit Malta in the near future