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Prince Alwaleed Visits Republic of Nigeria & Meets President

December 24, 2011

HRH Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, Chairman of Kingdom Holding Company (KHC) and HH Princess Ameerah Al–Taweel, Vice Chairwoman of Alwaleed Bin Talal Foundation that is chaired by HRH visited Republic of Nigeria.

Prince Alwaleed and Princess Ameerah were warmly welcomed by HE Mr. Goodluck Jonathan, President of the Republic of Nigeria at the Presidential Palace. Moreover, the President and HRH discussed a number of social, philanthropic and economic issues.

Furthermore, the President commended Prince Alwaleed on his efforts in playing a vital role in economic and social development, and referred to HRH`s local, regional and international investments, and generous contributions to people in need all over the world. Moreover, the President invited the Prince to explore further potential investment opportunities in Nigeria. In response, the Prince welcomed the invitation and referred to Kingdom Zephyr Africa Management Company (“Kingdom Zephyr” or KZAM) as it is one of the leading pan-African private equity firms.

Prince Alwaleed and Princess Ameerah were accompanied by a delegation that included Dr. Nahla Alanbar, Private Executive Assistant to HRH the Chairman, Mr. Hani Agha, Senior Manager Travel and External Affairs Dept, Mr. Hicham Fleihan, Manager Travel and External Affairs Dept., Ms. Amani Algahtani, Assistant Executive Manager HRH’s Palaces and Assistant to HH Princess Ameerah Al–Taweel and Mr. Fahad Alofy, Executive Assistant to HRH the Chairman.

Prince Alwaleed’s investments in Nigeria through Kingdom Holding Company are in the banking sector via Citigroup.