HRH Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud Chairman of Kingdom Holding Company (KHC) received at his office in Riyadh HE Eng. Walid Assaf, Minister of Agriculture of the State of Palestine and an accompanying delegation that included Dr. Nasser Aljaghoub, Under Secretary Palestine’s Agriculture Ministry.
The meeting began with the Minister thanking Prince Alwaleed for receiving him. Moreover, the two discussed the economic status and development in Palestine also the suffering of the Palestinian people. Moreover, HRH expressed his continuous support to the people in need and especially to Palestine.
In 2011, Prince Alwaleed received Mr. Abdulraheem Mahmoud Jamoos, Member of Palestinian National Council.
Prince Alwaleed maintains strong economic ties with Palestine through his investments. In 2011, Mövenpick Ramallah Hotel in Palestine was opened. Kingdom Holding Company (KHC), chaired by Prince Alwaleed owns a 33.3% stake in Mövenpick Hotels and Resorts that manages the Mövenpick Ramallah Hotel.
Prince Alwaleed also maintains strong relations with Palestine through his humanitarian support through Alwaleed Bin Talal Foundation-Global (Registered in Lebanon) that is chaired by His Highness. Prince Alwaleed had made many contributions to Palestine, the last was a SR5 million ($1.3 million) donation to alleviate the suffering of many Palestinian victims affected by the current crisis in Gaza, HRH’s donation was in response to an appeal made by the Custodian of the Two Holy Mosques King Abdullah bin Abdulaziz, and was announced live on Saudi Television on Sunday January 4th 2009. This assistance was funneled through a committee officially designated by the Saudi Government to provide aid to the Palestinians in Gaza. In addition to a donation of SR750,000 ($200,000) to the United Nations Relief and Works Agency UNRWA and the Organization of the Islamic Conference OIC in response to an appeal issued by both organizations to provide urgent requirements of food, fuel and cash for those in need in Gaza. Moreover, he made a contribution to help establish a consulate building in Jeddah which is known by the Palestinian community as the ‘consulate of Prince Alwaleed’. Prince Alwaleed had inaugurated the building in June 2005 and his contribution had also helped to build a university adjacent to the consulate, for the Palestinian students, named ‘Alquds University’. HRH visited the Palestinian territories twice in the past 10 years.
In 2000, Prince Alwaleed visited Gaza when he inaugurated the Center for Children with Down’s syndrome, operated by the Right to Live Organization. A year before, Prince Alwaleed had donated SR1.5 million ($400,000) for the completion of the center. He also donated SR3.75 million ($1 million) for the restoration project of the historic Omari mosque in downtown Gaza.
Prince Alwaleed also donated SR20 million ($5.3 million) to the Palestinian Workers Fund and donated SR9 million ($2.4 million) in response to the call of HRH Crown Prince Abdullah Bin Abdulaziz (currently King Abdullah) for humanitarian support to the Palestinian people.
In 2003, HRH donated SAR100 million to a national telethon to help re-build the infrastructure of the country. HRH had also donated SAR2.4 million ($635,000) to finance the completion of Fata Hospital for the rehabilitation of handicapped, which is under development by the Palestinian Center for Human Perseverance (Fata). Fata is a non governmental, non profitable establishment and it was first established in 1999. Its main purpose is to offer medical services to devastated and poor families within the Palestinian community. In addition to medical services, the center also offers cultural, educational, social, and psychological services to the public.