JEDDAH: Prince Alwaleed bin Talal, chairman of Kingdom Holding Company (KHC), has been ranked number one in Arabian Business Magazine’s 2009 Power 100 list of the World’s Most Influential Arabs. Alwaleed remained at the No. 1 position for the fifth year running despite the economic crisis that has affected the global business community. “Prince Alwaleed’s worldwide influence cannot be underestimated. As the highest-profile businessman in the region, foreign markets hang on his every word,” said Arabian Business magazine. Alwaleed 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.

