Prince Alwaleed bin Talal, chairman of Kingdom Holding Company (KHC), visited the capital city Baku in Azerbaijan.

The prince visited and surveyed two of the hotels managed by KHC — Four Seasons Baku and Fairmont Baku, Flame Towers.

During the visit, Prince Alwaleed met with the mayor of old Baku. Prince Alwaleed visited the cultural museum, President Heydar Aliyev Center and toured the old town. The prince praised the mixture of the authenticity and modernity of the city.

Prince Alwaleed had visited Azerbaijan previously and met with Ilham Aliyev, president of Azerbaijan and they discussed political, investments, economic and social issues.

Price Alwaleed and the president have a great relationship. The president and his wife — the First Lady — have attended in 2012 the inauguration ceremony of the of Islamic art center at the Louvre museum, that was inaugurated by President François Hollande of France.

Prince Alwaleed donated $20 million through the Alwaleed bin Talal Foundation to arise the Islamic art center at the Louvre.

KHC was founded in 1980 and become publicly traded and listed on Tadawul (the Saudi Stock Exchange) in 2007.