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Keyword: alwaleed

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  • Prince Alwaleed: I have $11 to $12 billion in ‘hidden treasures’ that aren’t publicly traded

    02/11/2014 6:03:34 PM PST · by rickmichaels · 16 replies
    Financial Post ^ | February 11, 2014 | Linette Lopez
    Prince Alwaleed, Saudi Arabia’s self-proclaimed Warren Buffett, has seen his fund, Kingdom Holdings, return 52% since Sept. 5, when it hit a 52-week low. And the prince has told Bloomberg that there’s more where that came from. “We have hidden treasures, lots of rich assets that aren’t publicly traded,” Alwaleed, 58, said by phone from Crans-Montana, Switzerland, where he was vacationing with his family. “They are worth more than $11 billion to $12 billion, and the market could value them at more than double that.”
  • Saudis Fresh Prince Freaks Out About U.S. Fracking

    07/30/2013 4:31:51 PM PDT · by raptor22 · 42 replies
    Investor's Business Daily ^ | July 30, 2013 | IBD EDITORIALS
    Energy: A Saudi prince has warned that his oil-reliant nation is under threat because of fracking technology being developed in the U.S. and spreading around the world. OPEC is now caught between Riyadh and a hard place. Indicative of the panic rippling through the Organization of Petroleum Exporting Countries over the U.S.-led fracking boom, billionaire Saudi Prince Alwaleed bin Talal says his Gulf Arab kingdom needs to reduce its reliance on crude oil and diversify its revenues, lest the era of gold-plated toilets come to an end. In an open letter to his country's oil minister Ali al-Naimi and other...
  • Prince Alwaleed bin Talal insulted at only being No 26 on Forbes rich list

    03/06/2013 8:05:25 AM PST · by MeneMeneTekelUpharsin · 11 replies
    The Guardian ^ | 5 March 2013 | Simon Neville and Josephine Moulds
    For most people, even featuring in the Forbes list of the world's billionaires would be cause for celebration, but for Prince Alwaleed bin Talal of Saudi Arabia, appearing at number 26 with $20bn (£15bn) was an insult. The prince, one of the most influential businessmen in the Middle East, insists the list undervalues him by $9.6bn. He has vowed to sever all ties with the group's reporters and accused them of damaging US-Saudi relations. In response, the editor of the influential list has written a stinging rebuke saying the prince considers a top-10 ranking one of his priorities, systematically exaggerates...
  • Does 1979 newspaper column shed light on 2008 campaign story? (Obama funding)

    09/23/2012 3:07:39 PM PDT · by CutePuppy · 38 replies
    Daily Inter Lake ^ | Septwmber 22, 2012 | Frank Miele
    Searching old newspapers is one of my favorite pastimes, and I have tried to use them many times to shed light on current events - or to inform readers about how the past is prologue to our very interesting present-day quandaries. Recently, I came across a syndicated column from November 1979 that seemed to point 30 years into the future toward an obscure campaign issue that arose briefly in the 2008 presidential campaign. Though by no means definitive, it provides an interesting insight, at least, into how Chicago politics intersected with the black power movement and Middle Eastern money at...
  • Saudis own Obama & Fox News

    08/19/2011 4:12:00 PM PDT · by Roger-SD · 22 replies
    Stop Obama Now - San Diego ^ | 10/19/2011 | Roger-SD
    A spike in the price of oil, the spigot of which is largely controlled by the Saudis, was instrumental in the financial collapse which resulted in the election of Obama as president. At the same time, a Saudi Prince, pulls the strings at Fox News, though he is nominally not the largest shareholder. He saved them from a hostile takeover and continues to provide protection. This provides a leash on Fox News to prevent them from becoming too aggressive in their attacks on Obama. Notice that Fox News does not support Obama's impeachment/removal and their commentators have openly openly mocked...
  • Saudi Prince Paid for Obama's Harvard Law Education: HRH Alwaleed Bin Talal Bin AbdulAziz Alsaud

    02/06/2010 1:39:41 AM PST · by BIOCHEMKY · 260 replies · 8,219+ views
    Compilation | Feb. 6, 2010
    Prince Alwaleed bin Talal of Saudi Arabia is one of the largest foreign investors in the United States. Prince Alwaleed's nickname is "The Warren Buffett of the Gulf" and he is one of the world's richest people. The Prince is a private entrepreneur and an international investor. The Prince was born to Prince Talal, son of the founding King of Saudi Arabia, Abdul Aziz Al Saud, and Princess Mona Al-Solh, Daughter of Lebanon's first Prime Minister. The Prince is the nephew of the Saudi Arabian King Abdullah. The Carlyle Group counts Prince Alwaleed bin Talal bin Abdul Aziz Alsaud of...
  • Alwaleed Backs James Murdoch as News Corp. Successor

    01/21/2010 10:21:44 AM PST · by the invisib1e hand · 8 replies · 289+ views
    me | 012110 | self
    The headline is from the unciteable B-berg.I didn't know the Prince was such a big holder of News Corp. He took a royal hit on his Citi stock, I know that.Probably not a bad guy.
  • Raffles Hotel Put On Market As Prince Alwaleed Attempts To Stop Wealth Draining Away

    04/15/2009 5:57:47 PM PDT · by Steelfish · 2 replies · 346+ views
    London Times ^ | April 15, 2009
    April 16, 2009 Raffles Hotel put on market as Prince Alwaleed attempts to stop wealth draining away Dominic Walsh A byword for colonial grandeur, and a favourite watering hole of such literary luminaries as Somerset Maugham, Joseph Conrad and Rudyard Kipling, Raffles Hotel, home to the Singapore Sling cocktail, has been put up for sale for up to $450 million (£300 million). Apparently, the hotel's owner, Prince Alwaleed of Saudi Arabia, is feeling the pinch. The Times understands that Fairmont Raffles Hotels International, in which the Prince's Kingdom Holding Company (KHC) has a controlling stake, is seeking buyers for its...
  • Barack Obama — Magna Cum Saudi? [Obama backed by Israel-hating advisor to a Saudi billionaire?]

    09/07/2008 11:22:17 AM PDT · by Winged Hussar · 11 replies · 611+ views
    Does Barack Obama owe his meteoric rise to an Israeli-hating adviser to a Saudi billionaire? Why did a race-baiting mentor to the Black Panthers favor this yet unknown community organizer?...He [Sutton] told NY1 reporter Dominic Carter on "Inside City Hall" that he was introduced to Obama by a friend raising money for him. The friend asked Sutton to write a letter in support of Obama's application to Harvard law school. "The friend's name is Dr. Khalid al-Mansour, from Texas," Sutton said. "He is the principal adviser to one of the world's richest men. He told me about Obama." ...According to...
  • Fairmont Hotels Takeover - Saudi Prince Al Waleed (the one KO'ed by Giuliani)

    01/30/2006 7:27:26 AM PST · by balk · 2 replies · 356+ views
    The Golbe and Mail ^ | Monday, January 30, 2006 | TAVIA GRANT
    Fairmont finds white knight By TAVIA GRANT Monday, January 30, 2006 Posted at 7:42 AM EST Globe and Mail Update Fairmont Hotels & Resorts Inc. agreed to be acquired for $3.9-billion (U.S.) by Saudi Prince Alwaleed bin Talal's Kingdom Hotels International and investment firm Colony Capital, thwarting a takeover attempt by U.S. investor Carl Icahn. The transaction values the Toronto-based company at $45 a share, 12.5 per cent more than Mr. Icahn's $40-a-share bid in December. Fairmont's board unanimously approved the Saudi offer and continues to recommend shareholders reject Mr. Icahn's offer. Prince Alwaleed bin Talal bin Addulaziz Alsaud is...
  • Saudi Prince Buys Large Share of Fox News

    09/25/2005 6:43:56 PM PDT · by anti-infidel · 102 replies · 2,808+ views
    Saudi Prince Buys Large Share of Fox News 16:55 Sep 25, '05 / 21 Elul 5765 (IsraelNN.com) Saudi Prince Al-Waleed bin Talal has purchased 5.46 percent of the Fox corporation, according to Gulf Daily News, raising concern that the conservative Fox News may soften its anti-terror stance due to the views of the new shareholder. Al-Waleed, the nephew of the late Saudi King Fahd, was in the news when he visited the World Trade Center's remains just after the September 11th attacks and offered then-New York City Mayor Rudy Giuliani a $10 million check for relief efforts. Al-Waleed then released...
  • Saudi Prince Buys Large Share of Fox News

    09/25/2005 8:40:00 AM PDT · by Dallas59 · 71 replies · 2,974+ views
    Arutz Sheva ^ | 9/25/05 | Arutz Sheva
    (IsraelNN.com) Saudi Prince Al-Waleed bin Talal has purchased 5.46 percent of the Fox corporation, according to Gulf Daily News, raising concern that the conservative Fox News may soften its anti-terror stance due to the views of the new shareholder. Al-Waleed, the nephew of the late Saudi King Fahd, was in the news when he visited the World Trade Center's remains just after the September 11th attacks and offered then-New York City Mayor Rudy Giuliani a $10 million check for relief efforts. Al-Waleed then released a statement blaming US foreign policy and support for Israel for the attacks. Giuliani returned the...
  • Arab militant vows attacks on Russia - Jazeera

    03/13/2004 11:04:57 PM PST · by Destro · 57 replies · 324+ views
    reuters.co.uk ^ | Sat 13 March, 2004 16:02 | Reuters
    Arab militant vows attacks on Russia - Jazeera Sat 13 March, 2004 16:02 DUBAI (Reuters) - Arab television channel Al Jazeera has broadcast a videotape of the man it says is the leader of Arab fighters in Chechnya, vowing to stage a new wave of attacks inside Russia. Abu al-Waleed, said by the Kremlin of being among those behind last month's bombing on the Moscow underground, added that his campaign might depend on the outcome of Russia's coming presidential polls. "The enemies of God drop mines in the forests and, God willing, we will return them to the Russians and...
  • Saudi Prince Buys AOL and Priceline

    03/11/2002 8:32:39 AM PST · by Clara Lou · 23 replies · 420+ views
    Yahoo ^ | 3/11/02 | Reuters
    DUBAI (Reuters) - Saudi billionaire Prince Alwaleed has bought more than $1 billion worth of shares in Citigroup, AOL Time Warner and Priceline.com over the past six months, his company said on Monday. The prince, among the world's wealthiest men, bought $500 million in Citigroup, $450 million in AOL Time Warner and $100 million in Priceline.com. With around $10 billion in Citigroup, Alwaleed was already the biggest shareholder in the bank. quot;At about $43, Citi's share price was at too attractive a price,quot; the prince said in a statement issued by his company Kingdom Holdings. The statement said the prince...