Jul 17, 2016
Prince Alwaleed Receives Indonesian Ambassador

HRH Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, Chairman of Kingdom Holding Company (KHC) received at his office in Riyadh H.E. Mr. Agus Miftah Abegebriel, Ambassador of the Republic of #Indonesia to Saudi Arabia. The meeting was attended by Ms. Hassna Alturki, Executive Manager for International Relations to HRH the Chairman, Mr. Hani Agha, Head of Travel and External Affairs Department and Mr. Ahmed Altobaishi, Executive Assistant to HRH.

During the meeting, two discussed investment, humanitarian and social issues related to their respective countries. In addition, the Ambassador and Prince Alwaleed also discussed HRH’s global investments through KHC.

Furthermore, in May 2016, Prince Alwaleed visited Jakarta, Republic of Indonesia and met HE President Joko Widodoin. During the meeting, the President and Prince Alwaleed discussed a number of general local, regional issues and the global economic climate.

In 2012, His Highness received in his office HE Mr. B. J. Habibie Former President of the Republic of Indonesia and an accompanying delegation. In 2010, Prince Alwaleed received in his office HE Dr. Salim Segaf Al-Jufrie Minister of Social Affairs of the Republic of Indonesia.

In 2009, Alwaleed Philanthropies that is chaired by HRH, made a donation for the earthquake victims of Indonesia to help reconstruct 3 orphanages which were damaged by the disaster according to earthquake-resistant standards. The donation was made in coordination with the Indonesian government and implemented by Mother Helpage UK. The Prince announced his readiness to donate to Indonesia through Alwaleed Philanthropies during a meeting with Deputy Chief of Mission. During the meeting, the Prince also conveyed his condolences to the government and people of Indonesia. A 7.6-magnitude earthquake hit the Indonesian city of Padang on Sumatra Island in the Indian Ocean. Tens of thousands are estimated to have lost their homes.

In 2008, Prince Alwaleed was awarded an honorary doctorate in Management Science by the University of Brawijaya, Indonesia during a conferment ceremony held in Riyadh. The award was in recognition of his efforts on many fronts including his investments through Kingdom Holding Company that is chaired by HRH locally, regionally and internationally as a respected, distinguished international investor and entrepreneur, and HRH’s educational contributions on a global scale. In 2007, HRH visited Indonesia and was warmly welcomed by the people and government of Indonesia and met with the President. The President expressed his deepest appreciation on behalf of Indonesia’s government and people for Prince Alwaleed's $19 Million donation to support the victims of the tsunami disaster.

HRH’s investment in Indonesia through Kingdom Holding in the financial sector is through Citigroup. Moreover, investments in hotels through Kingdom Holding include Four Seasons Resort Bali at Sayan, Four Seasons Resort Bali at Jimbaran Bay, Raffles Hotel Bali at Jimbaran and Raffles Jakarta.