In Response to King Abdullah’s Royal Decrees, Prince Alwaleed Grants 2 Month Bonus to Members of HRH’s Companies

Prince Alwaleed: “I ask the Saudi private sector to follow suit with this initiative in support of King Abdullah’s royal decrees”

In response to the royal decrees and speech by the Custodian of the Two Holy Mosques, King Abdullah who addressed the nation on Friday 18th March 2011, HRH Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, Chairman of Kingdom Holding Company (KHC) and Chairman of the Board of Trustees of Alwaleed Bin Talal Foundation granted two month bonus to all its members, in addition to the Private Office members.

Prince Alwaleed spoke on live national television on Friday in solid support of King Abdullah's decrees and commented:

"In response to the Custodian of the Two Holy Mosques' address to the nation and the royal decrees outlined, I have given immediate directions to grant a 2 month bonus to Kingdom Holding, Alwaleed Foundation and the Private Office members."

Prince Alwaleed added: "...and I ask the Saudi private sector to follow suit with this initiative in support of King Abdullah’s royal decrees."