Logo ofKingdom Holding Co.
King Salman and Crown Prince Mohammed bin Salman have put Saudi Arabia back on the right track with the launch of Vision 2030, after the Kingdom experienced stagnation between 2005 and 2015, Prince Alwaleed bin Talal, Chairman of Kingdom Holding Co., said in an interview.
Saudi Arabia is exerting efforts to find alternatives to oil, as it cannot rely on oil for 80% to 90% of its budget, leaving it vulnerable to oil price fluctuations, said bin Talal.
He expressed optimism about Saudi Arabia’s progress, highlighting that his investments span various sectors, including tourism, hotel management, commercial real estate, industrial projects, and more.
The Crown Prince possesses boundless energy, and foresight, and he is a strong strategist for the coming years, bin Talal said, adding that long-term planning for 10-15 years ahead—is an essential quality for any leader.
Logo ofKingdom Holding Co.
King Salman and Crown Prince Mohammed bin Salman have put Saudi Arabia back on the right track with the launch of Vision 2030, after the Kingdom experienced stagnation between 2005 and 2015, Prince Alwaleed bin Talal, Chairman of Kingdom Holding Co., said in an interview.
Saudi Arabia is exerting efforts to find alternatives to oil, as it cannot rely on oil for 80% to 90% of its budget, leaving it vulnerable to oil price fluctuations, said bin Talal.
He expressed optimism about Saudi Arabia’s progress, highlighting that his investments span various sectors, including tourism, hotel management, commercial real estate, industrial projects, and more.
The Crown Prince possesses boundless energy, and foresight, and he is a strong strategist for the coming years, bin Talal said, adding that long-term planning for 10-15 years ahead—is an essential quality for any leader.
