![\"Ambassador](\"http:\/\/sem.lamtech.sl\/wp-content\/uploads\/2013\/06\/Amb._Munu_handing_over_Pres._Koromas_letter_of_invitation_to_Prince_Alwaleed.jpg\")
<\/a>Ambassador Munu handing over President Koroma’s letter of invitation to Prince Alwaleed<\/p><\/div>\n
The Ambassador was accompanied by the Minister Counsellor, Umaru S. Dura. \u00a0The meeting was also attended by Dr. Nahla Nasser Alanbar, Private Executive Assistant to Prince Alwaleed.<\/p>\n
After handing over the invitation, the Ambassador and the Prince discussed social and economic issues in relation to their respective countries. \u00a0The Ambassador said Prince Alwaleed’s visit to Sierra Leone would further strengthen the economic and bilateral relationship between Saudi Arabia and Sierra Leone.<\/p>\n
<\/a>Ambassador Munu accompanied by his HOC at Prince Waleeds office<\/p><\/div>\n
They also discussed the need to develop Sierra Leone’s tourism sector and for the Prince’s company to invest in the hotel industry in Sierra Leone.<\/p>\n
Who\u2019s Prince Alwaleed?<\/b><\/p>\n
Al Waleed received a Bachelor of Science degree in business administration from Menlo College in California in 1979. \u00a0He then received a Master’s degree in Social Science with honors from Syracuse University, New York, in 1985.<\/p>\n
Prince Alwaleed was recently described by the widely read Arabian Business Magazine as “the world’s richest Arab”. \u00a0The Prince is known for his precision for exploring new and potential business opportunities and ventures in synchronization with the direction and fluctuations of the economic climate which has earned him a global name in the world of business.<\/p>\n
According to the renowned Forbes Magazine, Prince Alwaleed bin Talal\u2019s Kingdom Holding Company, of which he owns 95% and which trades on the Saudi stock exchange, owns stakes in hotel management companies, Four Seasons Hotels & Resorts, Movenpick Hotels & Resorts and Fairmont Raffles Holding, as well as hotel real estate such as the swanky Hotel George V in Paris, and a stake in the Savoy Hotel in London.<\/p>\n
Kingdom Holding, according to the magazine, also owns billions of dollars of US and international equities, including shares of Citigroup and News Corp.\u00a0 In 2012, the Prince and Kingdom Holding bought an estimated 3% stake in Twitter, a popular social networking site, via the secondary market for $300 million.<\/p>\n
In February this year, the magazine states, Kingdom Holdings invested $125 million in Chinese e-commerce company 360Buy Jingdong for an undisclosed stake. \u00a0The Prince also owns extensive real estate and other assets outside of Kingdom Holding. \u00a0He was the first individual to purchase an Airbus A380 double decker plane in the Kingdom.<\/p>\n
Below is a Press Release issued by Prince Alwaleed\u2019s Office shortly after the Ambassador\u2019s visit\u2026<\/i><\/p>\n \u00a0<\/b><\/p>\n \u00a0<\/b><\/p>\n Issue Date<\/b><\/p>\n Monday, June 3rd<\/sup> 2013<\/p>\n \n<\/td>\n Press Release<\/b><\/p>\n For more information contact:<\/p>\n Kingdom Holding Company<\/p>\n 1111-211-1-966+<\/p>\n\n\n
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