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Prince Alwaleed Speaks at Forbes CEO Conference with Steve Forbes in Dubai

October 23, 2012

 HRH Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, Chairman of Kingdom Holding Company (KHC), attended the Forbes Global CEO Conference that took place in Dubai, United Arab Emirates, on Monday 22nd October 2012 with Mr. Steve Forbes, Chairman and Editor-in-Chief of Forbes Media. The event was also attended by HH Princess Ameerah Al-Taweel, Vice Chairwoman and Secretary General of Alwaleed Bin Talal Foundation that is chaired by Prince Alwaleed.

Prince Alwaleed participated in an invigorating session titled “A Meeting of Minds: A conversation between Prince Alwaleed and Mr. Steve Forbes.” The session topics revolved around the global economy, Kingdom Holding Company and Prince Alwaleed’s investments locally, regionally and internationally, as well as his view on investment strategy, and leadership.

Prince Alwaleed “I am cautiously optimistic about the recovery of the global economy in 2013.” His Highness added: “KHC’s success is due to its corporate governance.”

The Forbes Global CEO Conference is attended by over 400 global CEO’s and business leaders. This unique gathering is aimed at establishing a dialogue at the highest level about the future of the global economy, its investment landscape and its prospects for developed and emerging markets.

 

Prince Alwaleed was accompanied by a delegation that included Mr. Shadi Sanbar, KHC’s CFO, Ms. Heba Fatani, Senior Executive Manager, Corporate Communications Department (KHC), Dr. Nahla Nasser Alanbar, Private Executive Assistant to HRH the Chairman, Mr. Hani Alagha, Senior Manager, Travel & External Affairs and Mr. Husam A. AlSuliman, Executive Assistant to HRH the Chairman.

 

Founded in 1980, KHC is a publicly traded company which was listed on Tadawul (the Saudi Stock Exchange) in July 2007.  KHC is one of the world’s most successful and diversified business organizations, highly respected in the field of investments and recognized as an elite player in the Arabian Gulf region and internationally. KHC’s portfolio has its main interests in local and international investments that include landmark hotel properties, hotel management companies, real estate, financial services, technology, media, entertainment, retail, agriculture, petrochemicals and aviation.

 

Landmark hotel properties include the George V in Paris, the newly renovated Fairmont Plaza in New York City and The Savoy in London, in addition to the Fairmont in San Francisco and Four Seasons in Toronto.

 

Hotel Management Companies include the following world-renowned brands: Four Seasons Hotels & Resorts, Fairmont Raffles Hotels (which include Fairmont, Raffles and Swissotel) and Mövenpick Hotels & Resorts.

 

KHC’s local investments include publicly listed companies such as Saudi Research and Marketing Group (SRMG), TASNEE (National Industrialization Company) and privately owned entities as National Air Services (NAS), Kingdom Hospital, Consulting Clinics, Kingdom City, Kingdom Centre including the Four Seasons Hotel Riyadh, Kingdom Schools. KHC has two significant real estate developments, one in Jeddah aggregating 5.3 million sqm and over 1000m tower, and the other in east of Riyadh aggregating 16.7 million sqm.

 

Moreover, the Company’s international investment portfolio contains many blue-chip companies including Citigroup, News Corporation, Twitter, Time Warner, Apple Inc, Walt Disney Co., Disney Land, Paris and others.  In addition to its public company activities, KHC is also extremely active in the area of private equity in Saudi Arabia and developing markets within the Middle East, Africa and Asia.