(Prince Alwaleed privately owns the new international news...)
Prince Alwaleed privately owns the new international news channel “Alarab”. The news channel will cover the latest developments around the world and will also highlight political, social and economic issues in the Arab world and in Saudi Arabia. Alarab also has a an agreement with Bloomberg LP in which Bloomberg will support the creation of five-hours of financial and economic news programing throughout the day on the channel. The Alarab news channel is an independent venture from Kingdom Holding Company and the Rotana group that is an independent entity from KHC.
Company
Kingdom Holding Company
(Founded in 1980, Kingdom Holding Company (KHC), is a publ...)
Founded in 1980, Kingdom Holding Company (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.
1980
Rotana Group
(Rotana Group is the media investment arm of HRH Prince Al...)
Rotana Group is the media investment arm of HRH Prince Alwaleed Bin Talal that is 80% owned personally and chaired by the Prince. Rotana is a multifaceted and diversified media company. Its extensive investments and involvements encompass, among others, an array of 12 television channels, radio stations, publications, media services, film productions, not to mention having the largest collection of Arabic movies in the world.
Prince Alwaleed Bin Talal Bin Abdulaziz Al-Saud
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Prince Alwaleed Bin Talal Bin Abdulaziz Al-Saud, Saudi Arabian investment company executive, investor, entrepreneur. Named one of World's Richest People, Forbes Magazine, since 2005, The 100 Most Influential People in the World, TIME magazine, 2008, The Top 25 Market Movers, United States News & World Report, 2009; recipient Presidential medal, University New Haven, 1999, Lifetime Achievement award, Arab Bankers Association of America, 2000.
Background
HRH Prince Alwaleed Bin Talal Bin AbdulAziz Alsaud was born in Riyadh, Saudi Arabia, in March, 1955 to Prince Talal Bin AbdulAziz Alsaud, son of the founder of Saudi Arabia, King AbdulAziz Alsaud, and to Princess Mona El-Solh, daughter of Riad El-Solh, the first Prime Minister of modern day Lebanon and a leader of Lebanese independence.
Prince Alwaleed has two children from his marriage to Princess Dalal — HRH Prince Khaled and HRH Princess Reem. Both of the Prince’s children are married and have two children of their own respectively. Prince Alwaleed is absolutely delighted by his grandchildren and makes special provisions in his schedule to ensure that he is able to spend time with them.
Education
Bachelor of Science magna cum laude, Menlo College, 1979; Master of Arts with honors, Syracuse University, 1985; Doctor of Humane Letters (honorary), University New Haven, 1992; Doctor (honorary), Kyungwon University, 1998; LLD (honorary), Syracuse University, 1999; LLD (honorary), Exeter University, 2002; LLD (honorary), American University, Cairo, 2002.
Career
Chairman Kingdom Holding Company, Saudi Arabia, Azizia Commercial Investment Company, Rotana Video and Audio Visual Company; private entrepreneur; investor Four Seasons Hotel and Resorts, Fairmount Hotels and Resorts, Mövenpick Hotels and Resorts, United States, Middle East, and Africa, Citigroup, since 1991, News Corp, Time Warner, Motorola, Apple Computers, Ballast Nedam, Canary Wharf, Disneyland Paris, Saks Incorporated, Kingdom Center.
(Prince Alwaleed privately owns the new international news...)
Company
Kingdom Holding Company
(Founded in 1980, Kingdom Holding Company (KHC), is a publ...)
1980
Rotana Group
(Rotana Group is the media investment arm of HRH Prince Al...)
Religion
Prince Alwaleed firmly believes in the Qur’an’s promotion of peace and tolerance, and that all religious beliefs should be respected accordingly. One of Prince Alwaleed’s lifetime aims is to initiate meaningful dialogue and discussion between Islam and other world cultures to diffuse tensions and set a path towards openness, understanding, and peace. The Prince has been outraged by the violent actions of an extreme minority who have so hatefully obscured the dignity and peaceful teachings of Islam. He is determined to use his high profile to support peace and initiate positive change for every citizen of the world.
Prince Alwaleed believes that it is his duty as a good Muslim to use his influence and broad connections to promote understanding and peace between people, and to improve the lives and prospects of those in need, regardless of nationality, race, or creed. As a lifelong student of Islam, he is proud to live his life in respect to the religion’s five pillars. The Prince spends a great deal of time reading the holy Qur’an and meditating on its teachings as part of a personal quest to understand the words of the Prophet (PBUH) and correctly interpret this wisdom for the modern world.
Views
The Prince describes himself as being religiously conservative, but with a liberal outlook on the social and cultural aspects of contemporary Islam. For example, Prince Alwaleed is a keen supporter of women’s rights, and is working to improve women’s prospects across the Arab world through his Foundations. Beyond this, Prince Alwaleed is also realistic about the need for political and social reform in the Middle East, being an advocate of more inclusive societies that have historically been held back by outmoded, autocratic socio-political systems. The Prince is keen to play his part in reducing the economic gap between the world’s inhabitants, feeling that the basic needs of housing, health care, and education must be addressed as a matter of urgency.
Personality
Since the early 1980s, His Royal Highness Prince Alwaleed Bin Talal has worked with a tireless commitment to give back to society – at both a local and global level. With an endless passion for philanthropic activities that foster understanding, unity, wellbeing and opportunity for all humankind, Alwaleed Philanthropies was born.
Alwaleed Philanthropies consists of three philanthropic organizations: Alwaleed Philanthropies Global, focusing on philanthropic and humanitarian projects around the world, Alwaleed Philanthropies Lebanon, which is focused on the social and community needs of Lebanon, and Alwaleed Philanthropies Saudi Arabia, which focuses on the needs of the Kingdom of Saudi Arabia.
Physical Characteristics:
Sport is one of HRH’s greatest passions and he believes it is extremely important to keep fit and healthy. Indeed, Prince Alwaleed takes part in over 30 different sports — his favorites are walking, swimming, skiing, and cycling. HRH also enjoys team sports such as volleyball and basketball. When the Prince is working in Saudi Arabia, his schedule only permits an hour to enjoy sport every day although on vacation he can indulge his love of sport for up to three hours at a time. Prince Alwaleed also loves to experience the desert in all the different seasons of the year.
Interests
He enjoys improving his knowledge by researching and studying new subjects, particularly history and politics.
He like reading and travelling.
Politicians
George Washington and Abraham Lincoln.
Connections
Prince Alwaleed has two children from his marriage to Princess Dalal — HRH Prince Khaled and HRH Princess Reem. Both of the Prince’s children are married and have two children of their own respectively. Prince Alwaleed is absolutely delighted by his grandchildren and makes special provisions in his schedule to ensure that he is able to spend time with them.
Father:
King Abdulaziz Alsaud
King Abdulaziz Alsaud, founder and first ruler of Saudi Arabia
Mother:
Princess
Grandfather:
Riad El Solh
An iconic statesman in Lebanon’s drive for independence and its first Prime Minister.
References
HRH Prince Alwaleed Bin Talal
http://www.alwaleed.com.sa
Forbes Magazine, 2005?Co, The 100 Most Influential People in the World, TIME magazine, 2008, The Top 25 Market Movers, United States News & World Report, 2009
Forbes Magazine, 2005?Co, The 100 Most Influential People in the World, TIME magazine, 2008, The Top 25 Market Movers, United States News & World Report, 2009
recipient Presidential medal
University New Haven, 1999, Lifetime Achievement award, Arab Bankers Association of America, 2000
University New Haven, 1999, Lifetime Achievement award, Arab Bankers Association of America, 2000
