Prince Alwaleed bin Talal, chairman of Kingdom Holding Company (KHC), received Laurent Fabius, French Minister of Foreign Affairs who was accompanied by Bertrand Besancenot, French Ambassador to Saudi Arabia. Hassna Alturki, executive manager for International Relations to the chairman, and Kacy Grine, adviser to the chairman, attended the meeting.

The meeting began as Prince Alwaleed welcomed Fabius.

The two discussed political, economic and cultural matters.

They also discussed the bilateral relations between Saudi Arabia and France, and the strong relations between the prince and France.

The talks focused on KHC’s investments in France that are considered to be the largest Saudi Arabian presence in France through the ownership and management of the iconic landmark The Four Seasons Hotel George V, the management of Le Royal Monceau Hotel (Raffles), Euro Disney, Paris that was saved from bankruptcy by KHC and Walt Disney and through the presence of Citigroup.

Also, Prince Alwaleed’s cultural contributions through Alwaleed bin Talal Foundation that have donated $20 million in 2005 to establish the center of Islamic Art at the Musée du Louvre.