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Maltese honour for Saudi business prince

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By Baron Henri Estramant.

 

HRH Prince Alwaleed bin Talal bin Abdulaziz Al Saud, Founder and Chairman of the Kingdom Holding Company (KHC), and an accompanying delegation visited the Republic of Malta in April 2015.

During the visit, Prince Alwaleed bin Talal met with Malta’s President Marie Louise Coleiro Preca, and Prime Minister Joseph Muscat at the San Anton Palace. The meeting was focused on investment opportunities in Malta. HRH Prince Khaled bin Alwaleed bin Talal, and senior staff members of the KHC attended the rendezvous. Prince Khaled bin Alwaleed had visited Malta in 2014 on behalf of his father, and met back then with Prime Minister Muscat and other dignitaries.

Thereafter Prince Alwaleed bin Talal was presented with Malta’s highest medal “The National Order of Merit” in the grade of companion by President Coleiro Preca. The medal is the prince’s 76th honorary medal.

Prince Alwaleed bin Talal holds no ministerial or governmental function in his native Saudi Arabia, however, is deemed as highly influential due to his expansive business interests within the kingdom and abroad. The prince who celebrated his 60th birthday on 7 March 2015 is one of the wealthiest man in the world. His investments vary in sectors such as banking and financial services, hotels and hotel management companies, mass media, entertainment, retail, agriculture, petrochemicals, aviation, technology, and real estate. He owns the Savoy Hotel in London, the Four Seasons George V in Paris, is the largest individual shareholder in Citigroup, second-largest shareholder in 21st Century Fox, etc.

 

For more information: 

President of Malta: www.president.gov.mt/mt/Pages/default.aspx

Kingdom Holding Company: www.kingdom.com.sa

 

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