Sunday, 10 January 2010

Prince Alwaleed meets Abu Dhabi sheikhs

Saudi billionaire Prince Alwaleed bin Talal has held meetings with senior government officials in Abu Dhabi including powerful royal Sheik Mansour bin Zayed Al Nahyan to discuss "potential business collaboration", a statement from his office said.

The meetings between two of the region's most influential investors took place last week, according to the statement. Prince Alwaleed is one of the largest single investors in Citigroup Inc, which is in dispute with Abu Dhabi over the emirate's investment in the bank.

Prince Alwaleed discussed "local, regional and international economic and investment issues, and future potential business collaboration" and also met with Kaldoon Al Mubarak, who heads Mubadala Development Co, the statement said.

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