Saudi Prince In Nepal

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Nov. 21, 2010, 5:45 p.m. Published in Magazine Issue: Vol. 04 No.-11, Nov 19 2010 (Mangsir 03, 2067)
One of the richest men in the world, Saudi Arabia’s Prince Al Waleed bin Talal, arrived in Kathmandu on November 13 for a three-day visit. This is the first time a member of Saudi royal family is visiting Nepal. Listed as 19th richest person in the world by Forbes magazine, Al-Waleed, the nephew of Saudi Arabia’s King Abdullah, came with 34-member delegation on a private jet. During his stay, the Saudi prince met with the president, prime minister and ministers. He was briefed about the investment environment in the country. He is the chairman of Kingdom Holdings Company (KHC), one of the world’s largest and most diverse private investment companies with holdings in the world’s leading companies like Citigroup, News Corporation, Time Warner Inc, eBay Inc.

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