| Home | GCC | World | Industries | Markets | Opinion | Interviews | Photos | Video | Lists | Lifestyle | StartUp | Topics | Jobs | Property | Smart TV |
Help, I forgot my username and/or password
1. Prince Alwaleed bin Talal Al Saud Eight years of the Arabian Business Power List, and eight years in the top slot for Prince Alwaleed. Profits at his Kingdom Holding Company for Q1 this year surged 11.3% to $26.8m, boosted by the sales of its stake in Toronto’s Four Seasons Hotel and its share of the Oasis Kingdom project in Riyadh. The group is one of world’s largest and most diversified private investment companies with holdings in a large number of Saudi Arabian, Middle Eastern and international companies. Today, Kingdom Holding Company, of which he owns 95 percent, covers 39 investments in seven sectors. It is the largest foreign investor in the US, with stakes in the likes of News Corporation, Time Warner, Apple and Citi. Regionally, major players from Samba Financial Group to Savola all have the KHC stamp on their shareholdings. But despite so much success, there is no sign of the prince slowing down, with the last 12 months witnessing phenomenal growth. He announced plans to construct the world’s tallest building, the Kingdom Tower, in Jeddah. In the next year, he will also roll out his own 24-hour news channle, Alarab, based in Bahrain, which will directly compete with the likes of Al Jazeera and Sky News Arabia. And he continues to be one of the globe’s most prolific philanthropists, having donated more than $3bn to good causes.
Could you imagine what would happen if a large proportion of the educated, professional worker population suddenly left (let alone the domestic workers... more
Friday, 24 May 2013 1:26 PM - KhalidI was in Qatar yesterday and I had a good chuckle to myself about it all. There are three possible outcomes - all of which will be a monumental mess. ... more
Thursday, 23 May 2013 3:35 PM - SteveSadly, The cops don't even understand English & they are not willing to listen to anything. They do as they like, It is my wish that wherever the citizens... more
Friday, 24 May 2013 6:02 PM - Expat in KuwaitAs much as I love the UAE, this will be a problem for them in the future. Lets look at this from any democratic Country on Earth. If I decided not to turn... more
Wednesday, 22 May 2013 11:56 AM - Ty SayCould you imagine what would happen if a large proportion of the educated, professional worker population suddenly left (let alone the domestic workers... more
Friday, 24 May 2013 1:26 PM - KhalidIf one wants to visit or live in Bahrain one must abide by the laws. Living without pork is no huge sacrifice. Muslim and Jewish nations subscribe to this... more
Saturday, 25 May 2013 6:05 PM - Jeffrey Kershaw
Top managment greed is one of the main reasons that caused the 2008 crises. hope i delivered the message..
more
As much as I love the UAE, this will be a problem for them in the future. Lets look at this from any democratic Country on Earth. If I decided not to turn... more
Wednesday, 22 May 2013 11:56 AM - Ty SayCould you imagine what would happen if a large proportion of the educated, professional worker population suddenly left (let alone the domestic workers... more
Friday, 24 May 2013 1:26 PM - Khalid
Join the Discussion
Disclaimer:The view expressed here by our readers are not necessarily shared by Arabian Business, its employees, sponsors or its advertisers.
Please post responsibly. Commenter Rules