Kingdom Holding will continue to achieve strong results and to distribute dividends
AL-WALEED BIN TALALRiyadh – It’s like a city within a city.
More Al-Waleed bin Talal Quotes
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I definitely believe that the so-called American decline is greatly exaggerated.
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My own center, my Kingdom Center, which is the highest priced tower in Saudi Arabia, was vacated twice because of terrorist attacks, terrorist threats.
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But more important since 1967 when the war was, ended in the defeat of some Arab countries.
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So, if you look at what’s common among some of the companies I have, including the Four Seasons, NewsCorp, George V, the Plaza, these are all irreplaceable brands in their own fields.
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In Riyadh, there’s going to be a huge project that will house at least 12,000 units with inhabitants of approximately 150,000 people.
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One of my biggest personal holdings is Rotana. That company has a very dominant force in the Middle East.
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Well, clearly Apple is a role model of the American innovation whereby it produced all these products – iPod, iPhone, iPad – that are really now dominating all the technology arena in the world.
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You know, in Saudi Arabia, there is a body of 40 people – 34 people exactly, that once the succession comes, they will meet and they will elect a king in there.
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Most governments are pragmatic, most people are logical.
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It has around 45% of all the movie industry and around 75% of all the music.
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Saudi Arabia has stability. The social contract and the political contract between the king and the rulers and the royal family and the ruled people in Saudi Arabia is very strong and the bondage is so solid.
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My wheels are running. My investments are local, regional and international.
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Ethics to me is very important.
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You know, Saudi Arabia has a lot of poverty also. Regardless about what you hear about the viceroy and people being rich, et cetera.
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The issue of Palestine has been there since more than 60 years.
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