Riyadh – It’s like a city within a city.
AL-WALEED BIN TALALSo, 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.
More Al-Waleed bin Talal Quotes
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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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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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No company should depend on one person no matter how that person is smart or genius, whether it’s Apple or News Corp, or Citibank or any other company in the world.
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Actually, King Abdullah, under his supervision and guidance, has established a dialogue in Saudi Arabia whereby all the population.
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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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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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I’m not panicking, and I’m not scared, I’ve been through the Gulf War, the Asia crisis, and the Russian crisis.
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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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whether Shiite or Sunnis from north, south, west or east, they can get together and exchange their views.
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Ethics to me is very important.
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Some countries, like Saudi Arabia, where the population growth is very high, whereby you don’t have the mortgage low yet. Still the demand outstrips supply by much.
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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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The legacy of Steve Jobs and the strength of Steve Jobs is that he established a company that’s clearly firing on all cylinders and clicking very well.
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My wheels are running. My investments are local, regional and international.
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You cannot play with fire.
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