Prince Alwaleed bin Talal continues to buy up the world, but this time in Saudi Arabia, home to Islam, the 'religion of love and peace and tolerance'! The West can breathe a sigh of relief for now, but not for long! Rest assured: His spending spree in the West will continue apace. At the rate these people are buying up our assets, will we own anything of value in the West for much longer? We should, perhaps, note the old saying, He who pays the piper calls the tune!
Saudi stocks have rebounded after Saudi billionaire Prince Alwaleed bin Talal announced he would invest significantly in the Saudi bourse.Read it all! Billionaire boosts Saudi stocks
Kingdom Holding, the Prince's business, could invest up to 10bn Riyals ($2.7bn)(£1.54bn) in the near future.
Stocks across the region had been at an 11 month low, but rose by over 4% after Prince Alwaleed's statements.
Mark
4 comments:
Mussolini,
You might find this interesting.
I very much agree with you, however, that Saudi investment in our media is a most serious matter, as is Saudi investment in our universities.
Mussolini:
I'm not worried about Saudi investment - just the influence.
Surely the influence is the flip side of the same coin.
Property can never be removed from its place.
That's not strictly true. Actually, today, it is perfectly possible to take a building down, brick by brick, and re-erect it somewhere else. There are numerous examples of this back home.
Moreover, where Muslims are buying up our businesses, they are also buying the influence they will eventually have over us all. Think of the influence they will have over all the employees that will eventually work for them! I shudder to think.
Always:
...Saudi investment in our media is a most serious matter, as is Saudi investment in our universities.
Here! Here!
Its pretty weird to be worried about saudi influence in the western world when the middle east is worried about western influence on it. I think either people should choose between globalisation and xenophobia. Every country influences some country in some way. To think otherwise is folly.
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