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Prince Alwaleed Receives New Zealand’s Governor-General, Sir Mateparae

November 13, 2011

HRH Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, Chairman of Kingdom Holding Company (KHC), received at his office, New Zealand Governor-General, Lt Gen Rt Hon Sir Jerry Mateparae and an accompanying delegation that included HE Mr. Rod Harris, New Zealand Ambassador to Saudi Arabia. The meeting was attended by HH Princess Ameerah Al-Taweel, Vice Chairwoman of Alwaleed Bin Talal Foundation, Mr. Mohamed Al Mujadidi, Senior Executive Manager, HRH the Chairman’s office, Ms. Heba Fatani, Senior Executive Manager, Corporate Communications, Dr. Nahla Alanbar, Private Executive Assistant to HRH the Chairman and Ms. Halla Angawi, Executive Manager, International Projects, Alwaleed Bin Talal Foundation.

The meeting began as the Governor-General expressed his condolences to Prince Alwaleed on the passing of Crown Prince Sultan. In addition, the Sir Mateparae thanked HRH for his recent donation through Alwaleed Bin Talal Foundation to the victims of the earthquake that struck New Zealand. In response, His Highness said that Alwaleed Foundation will continue its support in times of need. Moreover, the Governor-General extended an invitation to Prince Alwaleed to visit the country in the near future.

Earlier this year, HRH had received the Hon Gerry Brownlee, Leader of the New Zealand House of Representatives and Minister of Economic Development, and Energy Resources. During their meeting, HRH and Mr. Brownlee discussed a number of issues and ways to further strengthen economic relations between their respective countries. Also on the agenda discussions were investment issues.

Mr. Brownlee invited Prince Alwaleed to seek investment opportunities in the country in light of the Prince’s global investments. In response, Prince Alwaleed welcomed Mr. Brownlee’s ideas for investment in New Zealand and promised to consider these opportunities for study to further develop trade and economic relations between the two countries.

In April 2010, Prince Alwaleed received Hon Tim Groser, New Zealand Minister of Trade with an accompanying delegation at his office in Riyadh.

The Prince’s investment in New Zealand through KHC is in the financial sector through Citigroup.

The donation through Alwaleed Foundation was made for much needed relief aid for the New Zealand Earth Quake Victims.

The allocation and distribution of the donation to those in need was in coordination with the New Zealand Red Cross that had launched the “New Zealand Red Cross 2011 Earthquake Appeal”. The New Zealand Red Cross is part of the The International Red Cross and Red Crescent Movement; the world`s largest humanitarian network. The Movement is neutral and impartial, and provides protection and assistance to people affected by disasters and conflicts.

The Foundation’s donation will help alleviate the suffering of hundreds of victims affected by this disaster (135 families). The donation will help people living in their homes without power, water or sewerage, and people forced to leave their home because of damage.

The 6.3 magnitude earthquake hit the Canterbury area on the 22nd February 2011. The earth quake caused wide spread damage, bursting sewage lines, damaging buildings and homes, cutting power and telephone lines to many areas of the city. The disaster killed around 166 and 300 were missing.

HRH’s philanthropic grants and donations over 60 countries ranging from Afghanistan to Zimbabwe; from Gaza to The Gambia, totaling more than $2.4 billion over the last 30 years. HRH has established three Foundations to handle his philanthropic activities across the globe under the slogan “Commitment Without Boundaries”: Alwaleed Bin Talal Foundation in Saudi Arabia, Alwaleed Bin Talal Foundation- Global registered in Lebanon and Alwaleed Bin Talal Humanitarian Foundation in Lebanon. His Foundations work locally, regionally and internationally to combat poverty, strengthen interfaith and intercultural dialogue and empower women and youth.

“Alwaleed Bin Talal Foundation – Global” works to provide women and youth in the MENA region with economic and educational opportunities, through strategic philanthropic investments in sustainable projects of the Foundation’s various partner organizations. It tackles poverty and provides rapid aid in cases of natural disasters internationally. One of the many donations for rapid aid includes a substantial donation to South East Asia`s Tsunami victims. The foundation also reframes perceptions of Islam and the West through dialogue, programs and educational centers around the world in order to promote a greater understanding between the different faiths and world views, part of which includes an endowment to the Louvre Museum in support of its collection of Islamic art.