1 comment.PM discusses investment, economic & social issues with Saudi Prince
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Prime Minister Joseph Muscat met Prince Khaled Bin Alwaleed Bin Talal Bin Abdulaziz Alsaud who was in Malta on behalf of Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, the chairman of Kingdom Holding Company of Saudi Arabia.
The OPM said that the group, founded in 1980, is today one of the world’s most successful and diversified business organisations, highly respected in the field of investments and recognised as an elite player in the Arabian Gulf region and internationally. Kingdom Holding Company is also one of the largest foreign investors in the United States.
Dr Muscat and Prince Khaled discussed the warm friendship between Saudi Arabia and Malta while referring to a number of investment, economic and social issues. The meeting also touched upon the latest economic developments.
Prince Khaled congratulated Dr. Muscat and his Government for the current status of Malta’s economy that is “expected to show above-average growth in the coming years.”
Kingdom Holding Company’s portfolio has its major interests in investment categories ranging from luxury hotel management, such as Four Seasons Hotels and Resorts and Mövenpick Hotels, to real estate, such as Kingdom Tower, to media and publishing, such as News Corporation and Fox, as well as social media and technology, such as Twitter, AOL and Apple, and entertainment, such as Disneyland, Paris.
The chairman, Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, has been named twice by Forbes magazine as one of the most creative investors in the world. The Prime Minister extended an invitation to the chairman of Kingdom Holding Company to visit Malta. In response, Prince Khaled relayed Prince Alwaleed’s commitment to visit in the near future.
How crazy is this. In the news this week, its reported that so many people already are purchasing Maltese citizenship for a mere 500000. How can the EU allow this? The people who are getting the citizenship are going to purchase hotels, etc in Malta. These people can easily take over Malta and far worse could be dangerous and are able to go anywhere they desire throughout Europe. I strongly believe that this should be declared illegal.