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.
AL-WALEED BIN TALALOne of my biggest personal holdings is Rotana. That company has a very dominant force in the Middle East.
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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I would love to be a corporate leader.
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Ethics to me is very important.
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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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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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You cannot play with fire.
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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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But more important since 1967 when the war was, ended in the defeat of some Arab countries.
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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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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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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.
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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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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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Riyadh – It’s like a city within a city.
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The issue of Palestine has been there since more than 60 years.
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