Prince Alwaleed receives the Taipei Representative from economic and cultural office in Saudi Arabia to discuss economic issues

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HRH Prince Alwaleed Bin Talal Bin Abdulaziz Al Saud, Chairman of Kingdom Holding Company (KHC) received at his office, Mr. Sheng-tsung Yang Taipei Representative from the economic and cultural Office in Saudi Arabia who was accompanied by Mr. Yan Hsing Yin, Director of the Economic Division.

The meeting was also attended by Mr. Ahmad Altobaishi, Executive Assistant to HRH the Chairman and Ms. Nahlah Al Anber, Personal Assistant to HRH the Chairman.

The meeting began as the Economic Representative thanked Prince Alwaleed for giving him the opportunity to meet with him and conveyed a message from H.E. President Ma Ying-jeou expressing his sincere appreciation for HRH’s letter of congratulations on his Presidency as President of the Republic of China (Taiwan). Moreover, during the meeting HRH and the Economic Representative discussed a number of social and economic issues, and the bi-lateral relations between the two countries.

Mr. Sheng-tsung Yang commended Prince Alwaleed on his efforts in playing a vital role in economic and social development, and invited the Prince to further invest in his country in light of HRH's local, regional and international investments. The Prince’s investment in Taiwan through Kingdom Hotel Investments (KHI) includes the Four Seasons Grand Formosa Regent. In conclusion to the meeting, the Economic Representative presented Prince Alwaleed with a gift.

In 2007, HRH Prince Alwaleed visited Taipei. During his visit HRH was bestowed the Highest National Medal by the President of the Republic of China –Taiwan during a ceremony held at the Presidential Office.

The medal was in recognition of HRH's contributions to strengthen the bilateral relations between the Kingdom of Saudi Arabia and the Republic of China – Taiwan.

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