$10,000 Gift From Prince Alwaleed to Team Members 

HRH Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, congratulated His Majesty King Hamad Bin Isa Al Khalifa, the government and the people of Bahrain for the national team gold medal victory in the 12th football championship of the Arab Games which concluded in Doha, Qatar on Friday December 23rd 2011. 

Prince Alwaleed commented: “We congratulate His Majesty the King, government and the people of Bahrain on this great achievement that reflects the advancement and development of sports in the Kingdom of Bahrain.”To mark the occasion, Prince Alwaleed presented $10,000 as a gift to each team member and stressed the importance of supporting sports and athletes in the GCC countries. Furthermore, His Highness expressed how vital it is to encourage youth by supporting their talent and investing in their future through various sport activities. Prince Alwaleed is well known for his continuous contributions to sports locally and regionally.Moreover, Prince Alwaleed received HE Abdulmuhsin Fahad Almarik the Saudi Ambassador to the Kingdom of Bahrain who briefed HRH about this great achievement.Prince Alwaleed visited the Kingdom of Bahrain early 2011, during the visit HRH met with HM King Hamad. The main purpose of the Prince’s visit was to affirm his confidence in the leadership of HM King Hamad and HRH Crown Prince Salman Bin Hamad Al-Khalifa, wishing Bahrain stability and prosperity. 

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Moreover during the visit, Prince Alwaleed met with Dr. Essam Fakhro, Chairman of Bahrain’s Chamber of Commerce and Industry, and its members. In addition, a press conference was held where HRH addressed the media and the Chamber of Commerce members confirming his confidence in the leadership of the King and Crown Prince. The Prince also referred to the banks and companies that exist in Bahrain, and re-affirmed his investment presence in the country though Kingdom Holding. Prince Alwaleed also expressed his readiness to further invest in the country. In turn, the head of the chamber and its members welcomed HRH’s visit especially through these trying times, and thanked him for his support of their local economy.