Prince Alwaleed ‘most influential Arab’ in 2013

08/01/2014 08:00 AST

Prince Alwaleed bin Talal, chairman of Kingdom Holding Company (KHC), was ranked number one in the Arabic and English issues of Arabian Business Magazine’s World’s 500 Most Influential Arab list, 2013.

The English version published the following: “After nine years of the Arabian Business Power List, Prince Alwaleed remains at the top of the tree…..”

Prince Alwaleed is known for his precision for exploring new and potential business opportunities and ventures in synchronization with the direction and fluctuations of the economic climate.

Moreover, the prince is active in social responsibility projects through significant local and international donations made by Alwaleed bin Talal Foundations span all the continents.

KHC, founded in 1980, is a publicly traded company which was listed on Tadawul (the Saudi Stock Exchange) in 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 interest in landmark hotel properties and hotel management companies, real estate development in Jeddah and Riyadh, financial services, technology and media, manufacturing, aviation and agriculture.

The Alwaleed bin Talal Foundations that are chaired by Prince Alwaleed are involved in a wide spectrum of humanitarian and philanthropic activities in more than 83 countries.

Their main focus areas have been established around strategic initiatives, ranging from disaster relief and community development, to women and youth empowerment, as well as promoting intercultural understanding.

Arab News