Jan 28, 2012
Prince Alwaleed Receives Ambassador of Bosnia Herzegovina to Discuss Economic Issues

HRH Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, Chairman of Kingdom Holding Company (KHC), received at his office in Riyadh HE Mr. Razim Čolić, Bosnian Ambassador to Saudi Arabia who was accompanied by Mr. Tarik Bilabegovic, Partner, Ascendant Project Finance. The meeting was also attended by Dr. Nahla Alanbar, Private Executive Assistant to HRH the Chairman and Mr. Fahad Alofi, Executive Assistant to HRH the Chairman.

The meeting began as the ambassador thanked the Prince for giving him the opportunity to meet with him. The two discussed economic and investment issues. Moreover, the ambassador commended Prince Alwaleed on his many achievements especially his investments in the various sectors regionally and internationally. He also invited the Prince to explore investment opportunities in #Bosnia and Herzegovina.

In June 2010, Alwaleed Bin Talal Foundation Chaired by Prince Alwaleed and vice chaired by HH Princess Ameerah Al-Taweel made a €500,000 endowment for the HRH Prince Alwaleed Bin Talal Professorship in Business Development and Global Competitiveness at the Sarajevo School of Science & Technology, Bosnia & Herzegovina. 

In May 2010, HRH was awarded Honorary Doctorate of Science, honoris causa from Sarajevo School of Science and Technology, during a ceremony held at Kingdom Resort in Riyadh. The Honorary Doctorate was conferred to HRH by Prof. Dr. Bozidar Matic, Chairman of the SSST University Board and President of the Academy of Science and Arts in Bosnia and Herzegovina. The event was attended by the Prince’s spouse, HH Princess Ameerah Al-Taweel, Ms. Emina Ganic, daughter of former Bosnian President, SSST Manager of Academic Activities and Head of Development of the MET Foundation, the University founding body, and Mr. Emir Ganic, the son of the former Bosnian President, Executive Manager, Lecturer, Dept. of Computer Science and Information Systems. The ceremony was also attended by a Bosnian delegation from the university and members from KHC, and Alwaleed Bin Talal Foundation. The honorary doctorate awarded to HRH was in recognition of his efforts on many fronts including his investments through Kingdom Holding locally, regionally and internationally as a respected, distinguished international investor and entrepreneur, and the Prince’s educational, and philanthropic contributions on a global scale.

In January of 2010, the Prince received at his office in Riyadh, former President of Bosnia and Herzegovina HE Dr. Ejup N. Ganić who is currently the President and Rector of Sarajevo School of Science and Technology. In 2008, Prince Alwaleed received HE Dr. Haris Silajdžić the President of Bosnia and Herzegovina with an accompanying delegation and hosted a dinner in honor of his guest at Kingdom Resort  Also in 2008, Mr. Čolić, the Bosnian ambassador presented HRH with a letter from President Silajdžić. In the letter, the president thanked Prince Alwaleed for his donation of 338,800 Euros (SR1,965,040) through Alwaleed Foundation. The donation was to help support the “Sustainable Return of Refugees in Bosnia & Herzegovina” through the construction of roads. HRH responded to a proposal for support that was submitted by the Office of the President Silajdžić. The specific mission of the project is to construct six vital roads in the North-East of Bosnia & Herzegovina for the return of refugees to create conditions for sustainable return and attract new refugees to return to their pre-war homes. The implementing arm for the project is the Bosna Bank International (BBI). HRH had made various humanitarian contributions to Bosnia in the past. In 1992 Prince Alwaleed donated SR1,000,000 to Bosnia, in 1993,  SR10,000,000 and in 1995, SR20,000,000.

Prince Alwaleed visited Bosnia in 2003 and met with President Sulejman Tihic at the time. During the visit, His Royal Highness was bestowed the Presidential medal by the Bosnian president. The Medal is considered to be the highest medal in the country.