Saudi encounters: Gulf billionaire to meet with business leaders in rare Palestine visit Tuesday
Saudi Arabian billionaire prince Al Waleed Ibn Talal is expected to announce a donation for the Jerusalem Fund during his visit to Ramallah Tuesday (File Archive)
Click here to add Al Waleed Ibn Talal as an alert
Disable alert for Al Waleed Ibn Talal,
Click here to add Al-Waleed Bin Talal as an alert
Disable alert for Al-Waleed Bin Talal,
Click here to add Civil Society as an alert
Disable alert for Civil Society,
Click here to add Jerusalem Fund as an alert
Disable alert for Jerusalem Fund,
Click here to add Mahmoud Abbas as an alert
Disable alert for Mahmoud Abbas,
Click here to add Muhammad Mustafa as an alert
Disable alert for Muhammad Mustafa,
Click here to add Ramallah as an alert
Disable alert for Ramallah
Saudi Arabian billionaire prince Al Waleed Ibn Talal is scheduled to visit Ramallah on Tuesday and meet Palestinian Authority president Mahmoud Abbas and business leaders, a Palestinian businessman said on Saturday.
Muneeb Al Masri told Ma'an that the Saudi prince would meet him and a delegation including other Palestinian businessmen on Wednesday at the Movenpick Hotel in Ramallah.
Al Masri confirmed that he was invited by deputy Palestinian Authority prime minister for economic affairs Muhammad Mustafa to join a reception for al-Waleed bin Talal on Tuesday.
Al Masri said that the prince, who has a net worth of around $30 billion, is a shareholder in Al Masri's group and that his visit "will be useful and effective."
During the visit, Al Masri added, Palestinian businessmen will discuss preparations for an economic conference to be held in Palestine in August. Private sector, public sector, and civil society organizations are supposed to partake in that conference.
In addition, bin Talal is expected to announce a donation for the Jerusalem Fund, an organization that does educational and humanitarian work in Palestine. He will also address possible plans to support the Palestinian economy in general.
- So cool it's hot: Saudi Arabia's $3.2B HVACR market driven by construction boom
- US, EU protectionist policies may be a blessing in disguise for GCC suppliers
- Dubai to Doha: How far can you stretch your dirham?
- OPEC's poor history of compliance will make production cut deal a challenge
- Jordan raises $400M for first phase of Red-Dead project