Prince Alwaleed Bin Talal, Chairman of Kingdom Holding Company (KHC), has been ranked number one for 3 consecutive years in Middle East's Magazine's 2011 list of the "World's 50 Most Influential Arabs." In these troubled times, the magazine said, "it is clear Prince Alwaleed retains huge international respect for his efforts to bring together people of different cultures and religions, and for his generosity in alleviating suffering around the world." Alwaleed is known for his precision in exploring new and potential business opportunities, and ventures in synchronization with the direction and fluctuations of the economic climate. Consequently, KHC, in which Alwaleed owns 95 percent, was listed on Tadawul in 2007. The company has been involved in the creation of a diversified long term investments portfolio of strategic stakes in well-known companies locally and around the world, in multiple sectors. Furthermore, Alwaleed's progressive thinking and active social network with global leaders, decision makers and the business community has firmly placed him and on the world business map, the magazine added.