JEDDAH: Prince Alwaleed bin Talal, chairman of Kingdom Holding Company (KHC) and Rotana Group, met with Rupert Murdoch, executive chairman of 21st Century Fox, and James Murdoch, CEO of 21st Century Fox, during his visit to New York.
Fahad Alsukait, CEO of Rotana Group and Alarab News Channel that are owned by the prince, Hassna Alturki, executive manager for international Relations to the chairman and Fahad bin Nafel, senior executive assistant to the chairman, attended the meeting.
During the talks they discussed various issues related to their companies.
In addition, Prince Alwaleed and Murdoch discussed their strategic alliance and reaffirmed their support for Rotana.
KHC has a stake in voting shares in 21st Century Fox.
Moreover, 21st Century Fox owns 19 percent stake in Rotana that is owned personally by Prince Alwaleed.
Also during his trip to New York, Prince Alwaleed met with Jack Dorsey Twitter’s CEO at The Plaza Hotel.
Fahad Alsukait, CEO of Rotana Group and Alarab News Channel, Sarmad Zok, member of KHC’s board of directors, Hassna Alturki, Fahad bin Nafel and Naief Alzuhair, website and social media manager, attended the meeting.
During the talks, Dorsey thanked the Prince for giving him the opportunity to meet with him.
Moreover, the two discussed the latest technical, financial and organizational developments in Twitter.
Furthermore, in 2015, Prince Alwaleed and KHC increased their ownership in Twitter, Inc.
The combined investment in Twitter is above 5 percent and makes Prince Alwaleed and KHC the second largest shareholders in Twitter.
Alwaleed meets Murdoch and Jack Dorsey in New York
Alwaleed meets Murdoch and Jack Dorsey in New York
