The lesson is that, No. 1, this management has to be at the highest class possible. No. 2, they have to have a succession plan.
AL-WALEED BIN TALALI definitely believe that the so-called American decline is greatly exaggerated.
More Al-Waleed bin Talal Quotes
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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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I own almost 100 hotels in North America. Some of them are only in management, but some of them we have some small stakes in them.
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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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Most governments are pragmatic, most people are logical.
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I will always serve my country in any capacity, but I’m very happy with what I’m doing right now.
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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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Actually, King Abdullah, under his supervision and guidance, has established a dialogue in Saudi Arabia whereby all the population.
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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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Nowadays, anyone who cannot speak English and is incapable of using the Internet is regarded as backward.
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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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There are pockets of extremism in Israel,
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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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Ethics to me is very important.
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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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My wheels are running. My investments are local, regional and international.
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