Prince Alwaleed bags investment award

RIYADH — Prince Alwaleed Bin Talal, Chairman of Kingdom Holding Company (KHC), was awarded the “Investment in Entrepreneurship and Innovation Award”, during the 17th Arab Investors and Businessmen Conference (ABIC) under the patronage of Sheikh Khalifa Bin Zayed Al Nahyan, president of the United Arab Emirates. Ms. Hassna Alturki, executive manager for international relations to the chairman, received the award on behalf of Prince Alwaleed at the ceremony held in Abu Dhabi recently. Prince Alwaleed’s investments in the UAE through KHC consist of Citigroup in the financial sector and in the hotel sector through Fairmont Bab Al Bahr in Abu Dhabi, Fairmont Dubai, Fairmont The Palm Dubai, one Four Seasons Hotels and Resorts Jumeirah, one Raffles hotel in Dubai and four Movenpick hotels: Movenpick Bur Dubai, Movenpick Deira, Movenpick Dubai Ibn Battuta and Movenpick Jumeira Beach. — SG