Gulf | Saudi Arabia
Al Waleed gives $15.7m to Cambridge and Edinburgh varsities
Saudi billionaire Prince Al Waleed Bin Talal, the biggest shareholder in Citigroup Inc., gave 8 million pounds ($15.7 million) each to the UK universities of Cambridge and Edinburgh to start Islamic studies research centers.
- Bloomberg
- Published: 18:21 May 8, 2008
London: Saudi billionaire Prince Al Waleed Bin Talal, the biggest shareholder in Citigroup Inc., gave 8 million pounds ($15.7 million) each to the UK universities of Cambridge and Edinburgh to start Islamic studies research centers.
Alwaleed signed an agreement on Wednesday at London's Buckingham Palace in the company of Prince Philip, Duke of Edinburgh and Chancellor of both universities, the Arab investor's Riyadh-based Kingdom Foundation said in an e-mailed statement on Thursday.
"It is paramount for both Islam and the West to reach mutual ground for proactive dialogue, respect, acceptance and tolerance," Al Waleed said in the statement.
News Editor's choice
-
Kuwait condemns Houla massacre
Arab League urged to put end to oppression of Syrian people
-
Car seats for children: Unsafe at any speed
Death rate among children in car accidents in the UAE is three times higher than global average
-
Last minute ID rush is on
Expatriates in Dubai have thronged typing centres and Emirates ID registration offices to meet the May 31 registration deadline
