Sheikh Tamim, Alwaleed discuss investment issues

Sheikh Tamim, Alwaleed discuss investment issues
Updated 16 December 2014

Sheikh Tamim, Alwaleed discuss investment issues

Sheikh Tamim, Alwaleed discuss investment issues

Sheikh Tamim bin Hamad Al Thani, Emir of Qatar, met Prince Alwaleed bin Talal, chairman of Kingdom Holding Company (KHC) and Alwaleed Bin Talal Foundation, during Alwaleed's visit to Qatar on Sunday. During the meeting, they discussed the warm friendship between their two countries, Kingdom of Saudi Arabia and Qatar, and referred to a number of political, economic, investment and social issues.
The meeting touched upon the latest developments in the GCC and globally, as well as Prince Alwaleed’s investments in alliance with Qatar through KHC. The meeting was also attended by Sheikh Abdullah bin Mohammed bin Saud Al Thani, CEO of Qatar Investment Authority (QIA) at Sheikh Tamim’s Albahar Palace.
Moreover, Prince Alwaleed, through KHC, has a solid investment relationship with the Qatari government. KHC recently announced that Katara Hospitality, owned by the government of Qatar, and Fairmont Raffles Hotels International (FRHI), have together acquired the 50 percent stake in the iconic London landmark, The Savoy, that was held by Lloyds Banking Group. The famous London hotel is now jointly owned by KHC and the government of Qatar.