Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, chairman of Kingdom Holding Company (KHC) and Alwaleed Philanthropies (AP), has been ranked number one for the eighth consecutive year in the Middle East Magazine’s 2016 list of the World’s 50 Most Influential Arabs.

Prince Alwaleed is known for his precision in exploring new and potential business opportunities and ventures in synchronisation with the directions and fluctuations of the economic climate. Moreover, the Prince is active in social responsibility projects through significant local and international donations made by Alwaleed Philanthropies that span all continents, said a statement from Kingdom.

KHC is one of the world’s foremost value investment firm that is internationally renowned for its interest in both high performance global brand and strategic regional interests.

Although one of the largest foreign investors in the United States, KHC’s disciplined investment approach stretches around the globe and includes leading market segments such as mobility solutions, digital technology and social media (Lyft, Careem, JD.com, Twitter), media and entertainment (NewsCorp, 21st Century Fox, Euro Disney S.C.A., Time Warner), and finance (Citigroup).  

KHC is also a global leader in luxury hotels and hospitality management with ownership or significant interests in marquee properties such as the George V in Paris, the Plaza Hotel in New York and London’s Savoy Hotel.  KHC’s global hotel brands include the Four Seasons, Fairmont Raffles, Movenpick, Swissotel and Accor.

In Saudi Arabia, KHC’s real estate interests include the famed Kingdom Tower in Riyadh and the highly anticipated Jeddah Tower that once completed will be the tallest tower in the world with a height exceeding 1000 m.

KHC also has investments in petrochemicals (Tasnee), education (Kingdom Schools), health care (Kingdom Hospital) and aviation (NAS Saudi Arabia).

For over 37 years, Alwaleed Philanthropies has supported and initiated projects in over 164 countries regardless of gender, race or religion. – TradeArabia News Service