JEDDAH, 17 April 2008 — Prince Alwaleed bin Talal, Chairman, Kingdom Holding Company, is ranked wealthiest Arab by Forbes Arabia making him the wealthiest Muslim. The magazine described Prince Alwaleed as a savvy, active and successful investor. This acknowledgment followed Arabian Business recent number one ranking in the Magazine’s 2008 list of 100 Most Powerful Arabs for the fourth year running.
KHC and Prince Alwaleed have been involved in the creation of a diversified portfolio of strategic stakes in well-known companies around the world, in multiple sectors.
KHC’s local significant investments include interests in Samba Financial Group, Savola, Tasnee, SRMG, NAS and Kingdom Center.