12Feb2004 Microsoft to expand operations in Saudi Arabia

Riyadh, 12th February 2004

Microsoft is seeking to expand its operations in Saudi Arabia. The move follows a recent meeting between Microsoft Chairman Bill Gates and Prince Al-Waleed Bin Talal, according to a Kingdom-Holding Company press release.

Prince Al-Waleed made the proposal for expansion at a dinner hosted by Gates at his Bellevue, Washington, home. Gates welcomed the proposal, and arranged a follow-up meeting with General Manager of Microsoft Arabia Dr Khaled Al-Dhaher, which probed areas of potential cooperation, the press release said.

In addition to expanding information technology, it was agreed that Kingdom-Holding Company and Microsoft Arabia would pool resources to fund selected humanitarian projects in Saudi Arabia.

Gates and Prince Al-Waleed have previously pledged donations to a number of charities including the Carter Centre’s African programs.

Gates and Al-Waleed also discussed their investments in the Four Seasons Hotels and Resorts and agreed to nominate representatives to work closely on potential deals.

Source: SPA

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