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Prince Alwaleed receives Ambassador of Djibouti to discuss investment issues

February 11, 2014 4:41 am

HRH Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, chairman of Kingdom Holding Company received at his office HE Mr. Ziauddin Saeed Bamukhrama, Ambassador of Djibouti to Saudi Arabia and Dean of the Diplomatic Corps in Saudi Arabia. The meeting was also attended by Dr. Nahla Nasser Alanbar Executive Assistant to HRH the Chairman.

The meeting began as the Ambassador thanked Prince Alwaleed for giving him the opportunity to meet with him and relayed cordial regards from the President of Djibouti Ismail Omar Guelleh. The two also discussed philanthropic, economic and social issues. Furthermore, the Ambassador conveyed the greetings of His Excellency the President and his call for Prince Alwaleed to visit the country again and to invest in Djibouti, after records of high stability and high growth rates. HE Mr. Bamukhrama also the desire of the President to have Prince Alwaleed invest in projects related to modern technology adopted by the President.

In conclusion to the meeting, the Ambassador thanked HRH for his continuous contributions and support to their country. Moreover, Prince Alwaleed asked the ambassador to relay his regards to President Guelleh.

In 2008, HE Mr. Bamakhrama visited Prince Alwaleed at his office where the two discussed philanthropic, economic and social issues. His Highness had visited Djibouti in 2004 and had also made a $500,000 humanitarian contribution to assist flood victims there. HRH’s donation was to form the backbone of a new development to build a village comprising 400 homes housing those left homeless by the floods.

In appreciation of the Prince’s visit to Djibouti in 2004, the Djiboutian president decreed that Prince Alwaleed be awarded three of the country’s top medals, Commander of the Order of the Grand Star Of Djibouti, Medallion of the Presidency of the Republic of Djibouti and the Medallion of the 20th Anniversary of the Independence of the Republic of Djibouti.

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