Prince Alwaleed receives award at Arab Media Forum

Saudi billionaire announces he would be returning most of his disputed agricultural land in Egypt back to government
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Saudi Prince Alwaleed bin Talal (C) receives an award from Madi Khamis (L), secretary general of the Arab Media Forum, and Kuwaiti Oil and Information Minister Sheikh Ahmed al-Abdullah al-Sabah, at the opening of the eighth Arab Media Forum in Kuwait City on April 24, 2011. (AFP/Getty Images)
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Saudi Prince Alwaleed bin Talal holds a press conference in Kuwait City on April 24, 2011 to announce an agreement has been reached on returning most of his disputed agricultural land in Egypt back to the government. (AFP/Getty Images)
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Saudi Prince Alwaleed bin Talal (L) chats with Kuwaiti Oil and Information Minister Sheikh Ahmed al-Abdullah as they attend the opening of the eighth Arab Media Forum in Kuwait City on April 24, 2011. (AFP/Getty Images)
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Bahraini Culture Minister Sheikha Mai bint Mohammed al-Khalifa (C) receives an award from Madi Khamis (L), secretary general of the Arab Media Forum, and Kuwaiti Oil and Information Minister Sheikh Ahmed al-Abdullah al-Sabah, at the opening of the eighth Arab Media Forum in Kuwait City on April 24, 2011. (AFP/Getty Images)
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Saudi Prince Alwaleed bin Talal (L), Kuwaiti Oil and Information Minister Sheikh Ahmed al-Abdullah al-Sabah (C) and Bahraini Culture Minister Sheikha Mai bint Mohammed al-Khalifa (C) attend the opening of the eighth Arab Media Forum in Kuwait City on April 24, 2011. (AFP/Getty Images)
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Saudi Prince Alwaleed bin Talal holds a press conference in Kuwait City on April 24, 2011 to announce an agreement has been reached on returning most of his disputed agricultural land in Egypt back to the government. (AFP/Getty Images)