Saudi Prince and Lebanese Sheikh at war over LBC

Sheikh Pierre al-Daher, as he is commonly known, is a savvy and successful television executive with an apparent penchant for making enemies. However, his once cozy relationship with Saudi Prince Walid bin Talal, himself something of a media mogul, has soured, and a standoff between them threatens to wrest from Daher most of what he’s […]

Saudi Prince Alwalid Bin Talal invests $1.5b in Lebanon

Chairman of Saudi Arabia’s Kingdom Holding Company (KHC), Saudi Prince Alwalid Bin Talal pledged to support the Lebanese economy during the coming years and said that his total investments in Lebanon will amount to $1.5 billion. “My investments in the tourism sector in Lebanon amount to $0.5 billion in addition to other investments in the […]

Saudi tycoon Prince to build the tallest tower in the world

Saudi tycoon Prince Alwaleed bin Talal said on Monday he is gearing up his Kingdom Holdings group for major new investments including Gulf hotels and a one-kilometer-tall ( 3280 ft) tower in Jeddah on the Red Sea. Burj Khalifa formerly known as Burj Dubai, at 828 m (2,717 ft), is currently the tallest tower ever […]

Saudi tycoon Prince to build the tallest tower in the world

Saudi tycoon Prince Alwaleed bin Talal said on Monday he is gearing up his Kingdom Holdings group for major new investments including Gulf hotels and a one-kilometer-tall ( 3280 ft) tower in Jeddah on the Red Sea. Burj Khalifa formerly known as Burj Dubai, at 828 m (2,717 ft), is currently the tallest tower ever […]

Saudi Prince in UAE to discusses investments

Saudi billionaire Prince Alwaleed bin Talal has held meetings with senior government officials in Abu Dhabi including powerful royal Sheikh Mansour bin Zayed Al Nahyan to discuss “potential business collaboration”, a statement from his office said. Sheikh Mansour is one of the most influential royals in Abu Dhabi, heading the International Petroleum Investment Co., who […]