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Keyword: princealwaleed

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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.”
  • Saudi letter concerning oil and gas has panicky tone

    01/12/2014 6:00:03 AM PST · by Dartman · 91 replies
    Toronto Sun ^ | Jan. 11/14 | Ezra Levant
    Saudi Arabia has noticed Canada’s booming oil and gas industry — and they don’t like what they see. You could even say they’re scared. That’s the panicky message in a 14-page memo written to Saudi Arabia’s energy ministry by Prince Al-Waleed bin Talal, an influential member of the Saudi royal family. He desperately warns them that Saudi Arabia’s energy dominance is at risk, including from oil and gas developments in western democracies. And he mentions Canada by name. Al-Waleed isn’t just another pundit or oil-rich Arab sheikh. He’s an international tycoon who has built a vast empire of holdings, including...
  • Top Saudi lets the cat out of the bag

    01/08/2014 6:29:09 AM PST · by bestintxas · 14 replies
    am thinker ^ | 1/8/14 | t lifson
    It is worthy paying close attention when a certain Saudi prince speaks his mind. Prince Alwaleed Bin Talal is sometimes described as the most powerful Arab in the world, thanks to his enormous wealth, business acumen, and influence in the Saudi royal family, which runs the Kingdom as a family fiefdom. Western-educated, he has shown himself to be an effective power broker, owning a 7% stake in News Corporation and donating $20 million each to Harvard and Georgetown Universities, arousing suspicions of undue influence. The good prince let the world know what the real stakes are in the battle over...
  • Saudi Billionaire Prince: Fracking Competitively Threatens ‘Any Oil Producing Country in the World’

    01/07/2014 11:23:44 AM PST · by Hojczyk · 51 replies
    CNS News.com ^ | January 7, 2014 | Michael W. Chapman
    Saudi Arabia’s Prince Alwaleed Bin Talal, a billionaire businessman and nephew of Saudi King Abdullah, said the production of shale oil and natural gas in the United States and other countries, primarily done through fracking, is a real competitive threat to “any oil-producing country in the world,” adding that Saudi Arabia must address the issue because it is a “matter of survival.” New shale oil discoveries “are threats to any oil-producing country in the world,” said Prince Alwaleed in an interview with The Globe and Mail. “It is a pivot moment for any oil-producing country that has not diversified. Ninety-two...
  • 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 sees shale threat to Saudi economy

    07/29/2013 6:29:56 AM PDT · by Oldeconomybuyer · 43 replies
    MarketWatch ^ | July 29, 2013 | By Summer Said
    Saudi Arabian billionaire Prince Alwaleed bin Talal has warned that the kingdom's petroleum-dependent economy is increasingly vulnerable as rising production of U.S. shale oil and gas decreases global demand for crude from members of the Organization of the Petroleum Exporting Countries. In an open letter dated May 13 addressed to Saudi Oil Minister Ali al-Naimi and several other ministers, said the kingdom won't be able to fulfill its plan to increase its crude production capacity to 15 million barrels because of the shale threat.
  • PRINCE ALWALEED: Fracking Is Going To Crush The Saudi Economy If Nothing Is Done

    07/29/2013 7:39:10 AM PDT · by SeekAndFind · 108 replies
    Business Insider ^ | 07/29/2013 | Rob Wile
    Billionaire Saudi Prince Alwaleed bin Talal has warned shale oil and gas development poses a threat to the kingdom's economy, the Wall Street Journal's Summer Said reports. In an open letter to Saudi oil minister Ali al Naimi [in Arabic], Alwaleed also warns the kingdom must diversify its revenue streams in the face of flagging oil demand. A source translated the key portion of the note: With all due respect to your Highness’ viewpoint about shale gas and that it poses no danger on Saudi economy at ‘the present time’, I was hoping that your Highness would also shed light...
  • ELENA KAGAN'S $20 MILLION COMMITMENT TO DESTROYING THE REPUBLIC (Saudi BHO Link)

    04/17/2012 11:42:03 AM PDT · by robowombat · 31 replies
    Newsmax ^ | April 16, 2012
    ELENA KAGAN'S $20 MILLION COMMITMENT TO DESTROYING THE REPUBLIC What would you say if you learned that a member of the highest court in the land has spent the last 30 years openly advocating for the destruction of the US Constitution and even went so far as to accept $20 million from Shariah Law proponents to accomplish her goal? That Supreme Court Justice is Elena Kagan. TELL CONGRESS: REMOVE KAGAN FROM THE COURT! SELECT HERE NOW! The year after Ronald Reagan entered the Oval Office with the goal of restoring America to greatness; Elena Kagan penned a telling and disturbing...
  • Saudi Prince Alwaleed: Israel Should Abide By Obama Plan -Fox Business

    05/20/2011 9:30:27 AM PDT · by opentalk · 28 replies
    Dow Jones Newswires ^ | May 19, 2011 | Angel Gonzalez
    HOUSTON -(Dow Jones)- Saudi Prince Alwaleed bin Talal said Thursday that Israel should follow U.S. President Barack Obama's recommendation of an independent Palestinian state based on the borders that existed before the 1967 Arab-Israeli war. In an interview with the Fox Business Network, Prince Alwaleed said Obama's plan, which was set out Thursday, was "straight to the point," and that for Israel "to be in peace with the Arab world, it has to abide by the roadmap Obama has established today." The Saudi royal also said that Obama's "wait-and-see" approach towards the revolts that have shaken Egypt, Libya, Syria and...
  • Muslims pour money into universities in U.K., U.S. to change intellectual climate and push Islam

    03/07/2011 7:59:17 AM PST · by opentalk · 20 replies
    Jihad Watch ^ | March 6, 2011 | Jihad Watch
    Prince Alwaleed has given considerable amounts of money to American universities as well -- notably Georgetown, where dhimmi pseudo-academic John Esposito heads the Prince Alwaleed Center for Muslim-Christian Understanding. This story shows why the intellectual climate in Middle East Studies departments all over the U.S., as well as the U.K., is so pro-jihad and anti-freedom, and doesn't allow for any dissenting voices. "Libya and the LSE: Large Arab gifts to universities lead to 'hostile' teaching," by Stephen Pollard in the Telegraph, March 3: ...Yet, on the most conservative estimate, other British universities have received hundreds of millions of pounds from...
  • Fox News and MSNBC in Bed Together on Gay Rights

    02/15/2011 12:08:41 PM PST · by Frantzie · 44 replies
    Accuracy In The Media ^ | 2-15-2011 | Cliff Kincaid
    The Fox News Channel and MSNBC may be ideological competitors, but they see things the same way on homosexual “gay pride” in the media business. The National Lesbian and Gay Journalists Association (NLGJA) is sponsoring a March 24, 2011, “Headlines & Headliners” fundraiser to be hosted by MSNBC anchor Thomas Roberts, with “special guests” that include Jamie Colby, Rick Folbaum, and Kimberly Guilfoyle of Fox News. Tickets are $100-$150.
  • Trading cape for the burqa

    10/11/2010 9:55:29 AM PDT · by mandaladon · 15 replies
    Hide your face and grab the kids. Coming soon to a TV in your child's bedroom is a posse of righteous, Sharia-com pliant Muslim superheroes -- including one who fights crime hidden head-to-toe by a burqa. These Islamic butt-kickers are ready to bring truth, justice and indoctrination to impressionable Western minds. Scheduled for release on the new network The Hub -- formerly Discovery Kids -- which launches today (Time Warner and DirecTV carry it in the city), is a cartoon beloved in the Arab world and received timidly in Britain last year, "The 99." The program chronicles the adventures of...
  • A Martyr for the Cause? (Geert Wilders trial & sneering Prince Al Alweed)

    10/06/2010 6:50:17 PM PDT · by Frantzie · 16 replies
    Sky News ^ | 10-6-2010 | Alex rossi
    There’s a big media turnout for the trail of the controversial Dutch politician Geert Wilders. The platinum blonde anti-Islam fighter is on trial in Amsterdam for inciting racial hatred.
  • News Corp buys $70m stake in Saudi group (FNC)

    02/23/2010 9:08:37 PM PST · by STARWISE · 53 replies · 1,971+ views
    Financial Times ^ | 2-23-10 | Lina Saigol in London, Andrew Edgecliffe-Johnson
    Rotana Media, the broadcaster and music group owned by Saudi billionaire investor Prince Alwaleed bin Talal, said it had agreed to sell a $70m stake to News Corp, Rupert Murdoch’s global media empire. Rotana said on Tuesday that News Corp had agreed to buy a 9.09 per cent stake with an option to take this up to 18.18 per cent. The move will mark News Corp’s most significant investment so far in the Middle East, where faster GDP growth, a young population and maturing advertising markets have begun to draw US and European media groups facing slow growth in their...
  • Bartiromo Interview of Prince Alwaleed: SNL Skit Begging To Happen

    11/24/2008 2:31:36 PM PST · by governsleastgovernsbest · 26 replies · 1,771+ views
    NewsBusters ^ | Mark Finkelstein
    Call it "The Wild 'n Crazy Guy–Billionaire Style." Maria Bartiromo's interview of Prince Alwaleed, the largest shareholder of Citigroup, is literally a Saturday Night Live skit waiting—begging—to be made. CNBC's Bartiromo conducted the interview by remote this afternoon. When the camera went to the prince, in Riyadh, Saudi Arabia, you might have expected to find him in a TV studio, or perhaps in his business office, or even in one of his palace rooms. But no, there he was sitting outdoors apparently by his stables, with seated camels and sleek horses very visible in the background. And rather than being...
  • Alwaleed Donates $20 Million to Louvre Islamic Wing

    07/26/2005 10:08:41 AM PDT · by NativeNewYorker · 53 replies · 1,356+ views
    Bloomberg via email no url | 7/26/5
    July 26 (Bloomberg) -- Saudi Prince Alwaleed bin Talal is donating 17 million euros ($20 million) toward the building of an Islamic art wing at the Louvre, the largest-ever gift to the world's biggest museum. Alwaleed signed the donation agreement at the Paris museum in the presence of Louvre President Henri Loyrette and French Culture Minister Renaud Donnedieu de Vabres. The prince said his gift, which he called ``an investment,'' will help to better explain the Islamic world to Europeans. ``Relations between Europe and the Islamic world are going through a turbulent period,'' Alwaleed said at the signing ceremony, held...
  • Saudi P.R. Move: Islamic Books In U.S. Libraries

    11/22/2002 11:46:47 AM PST · by browardchad · 19 replies · 302+ views
    The New York Sun ^ | 11/20/02 | ADAM DAIFALLAH
    WASHINGTON - Saudi Arabia's latest public relations gambit is a halfmillion dollar donation funneled through an American charity and aimed at stocking America's public libraries with Saudi-approved books and tapes about Islam. The $500,000 donation from Prince Alwaleed bin Talal bin Abdul Aziz al Saud is to the Council on American Islamic Relations. CAIR was founded in 1994 by Nihad Awad, a man who has openly expressed support for Hamas, a group the American government says is a terrorist organization. CAIR's New York chapter has floated bizarre conspiracy theories about the September 11 attacks. Fifteen of the September 11 hijackers...
  • Prince Alwaleed Urges Saudi Investors to Stay in U.S. Market

    08/22/2002 8:48:58 AM PDT · by GeneD · 222+ views
    Bloomberg.com ^ | 8/22/02 | James Cordahi and Sean Evers
    <p>Cannes, France, Aug. 22 (Bloomberg) -- Saudi Prince Alwaleed bin Talal, the world's 11th richest man, urged fellow Saudis to remain invested in U.S. markets amid speculation they have pulled billions on concern the assets will be frozen.</p> <p>The 45-year-old nephew of King Fahd, whose net worth Forbes magazine valued at $20 billion, dismissed analyst estimates that Saudi investors have withdrawn $200 billion from the U.S. market. The families of about 600 killed in the Sept. 11 attacks have filed a $1 trillion lawsuit last week against Saudi banks, charities and individuals.</p>