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Alwaleed: ‘Cautiously optimistic' about global economic recovery
Published in The Saudi Gazette on 24 - 10 - 2012

RIYADH – Prince Alwaleed Bin Talal, Chairman of Kingdom Holding Company (KHC), attended the Forbes Global CEO Conference that took place in Dubai Monday with Steve Forbes, Chairman and Editor-in-Chief of Forbes Media. The event was also attended by Princess Ameerah Al-Taweel, Vice Chairwoman and Secretary General of Alwaleed Bin Talal Foundation that is chaired by Prince Alwaleed.
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 Alwaleed's investments locally, regionally and internationally, as well as his view on investment strategy, and leadership.
Alwaleed remarked: “I am cautiously optimistic about the recovery of the global economy in 2013.” He 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.
Alwaleed was accompanied by a delegation that included Shadi Sanbar, KHC's CFO; Heba Fatani, Senior Executive Manager, Corporate Communications Department (KHC); Dr. Nahla Nasser Alanbar, Private Executive Assistant to the Chairman; Hani Alagha, Senior Manager, Travel & External Affairs; and Husam A. AlSuliman, Executive Assistant to 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.
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. – SG


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