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HRH Prince Alwaleed Receives President of Palestine, Mahmoud Abbas & Delegation During His Visit to Saudi Arabia

HRH hosts a luncheon in honor of his guest, at the Kingdom Resort

HRH Prince Alwaleed bin Talal bin Abdulaziz Alsaud, Chairman of Kingdom Holding Company (KHC) received at his office in Riyadh the President of Palestine, His Excellency Mr. Mahmoud Abbas (Abu Mazen) and accompanying delegation on Saturday 10^th February 2007.

After the meeting HRH hosted a luncheon in honor of his guest at the Kingdom Resort. The Palestinian delegation included Palestinian Ambassador to Saudi Arabia His Excellency, Jamal Abdullatif Al Showaiki. The meeting was also attended by members from KHC which included Mr. Saleh Al Ghoul, Director of Administrative and Financial Affairs, Mr. Shadi Sanbar, Special Advisor to HRH the Chairman, Ms. Nahla Alanbar Protocol Department Manager at KHC and Ms. Hassna Alturki Travel Department Manager.

HRH and President Abbas discussed Saudi-Palestinian relations and the warm friendship the two countries enjoy. The President commended Prince Alwaleed for his efforts, acknowledging HRH's continuous humanitarian contribution to the Palestinian people.

Prince Alwaleed had made many contributions to Palestine, the last was his contribution to help establish a consulate building in Jeddah which is known by the Palestinian community as the 'consulate of Prince Alwaleed'. Prince Alwaleed had inaugurated the building in June 2005 and his contribution had also helped to build a university adjacent to the consulate, for the Palestinian students, named 'Alquds University'.

Prince Alwaleed maintains strong relations with Palestine. HRH visited the Palestinian territories twice in the past 10 years. He also has not hesitated to offer his support to the Palestinian people by making donations or investing in many Palestinian economical ventures that help rebuild the Palestinian infrastructure.

Prince Alwaleed first visited the Gaza Strip in 1998 when he presented the Palestinian Airlines with a Boeing 727 valued at $ 5.2 million. He also laid the cornerstone for the Mashtal complex, a Palestinian Development and Investment Company (PADICO) project in which he is an investor.

In 2000, Prince Alwaleed visited the Gaza Strip once when he inaugurated the Center for Children with Down's syndrome, operated by the Right to Live Organization. A year before, Prince Alwaleed had donated $400,000 for the completion of the center. He also donated $1 million for the restoration project of the historic Omari mosque in downtown Gaza.

During the following visit, Prince Alwaleed donated $5.3 million to the Palestinian Workers Fund. The same year Prince Alwaleed also donated $2.4 million in response to the call of HRH Crown Prince Abdullah Bin Abdulaziz (currently King Abdullah) to support the Palestinian people. HRH also donated SAR9 million to support the Palestinian people in 2000 responding to an appeal made by Crown Prince Abdullah Bin AbdulAziz.

In 2003, responding to the call made by Custodian of the Two Holy Mosques King Fahd, HRH donated SAR100 million to a national telethon to help re-build the infrastructure of the country. HRH had also donated $635,000 (SAR2.4 million) to finance the completion of Fata Hospital for the rehabilitation of handicapped, which is under development by the Palestinian Center for Human Perseverance (Fata). Fata is a non governmental, non profitable establishment and it was first established in 1999. Its main purpose is to offer medical services to devastated and poor families within the Palestinian community. In addition to medical services, the center also offers cultural, educational, social, and psychological services to the public.
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© Press Release 2007

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