KMPK to Sponsor Businesswoman Award

DUBAI, 31 May 2007 — KMPK Properties, the recently formed joint venture Saudi company between businessman Prince Khalid ibn Alwaleed and Dubai-based KM Properties, has announced its sponsorship of the first Saudi Businesswoman Award. KMPK Properties, which has made the empowerment of ladies central to its business plan, will lead the award. Prince Khalid, chairman of KMPK Properties lauded the objectives of the Saudi Businesswoman Award. “Our main objective is to go a long way in increasing the involvement of women in business regardless to the level of involvement in the corporate ladder.” said Prince Khalid.