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" You know, in Saudi Arabia, there is a body of 40 people - 34 people exactly, that once the succession comes, they will meet and they will elect a king in there. "

Al-Waleed bin Talal

Meet

You

People

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" I'm not panicking, and I'm not scared, I've been through the Gulf War, the Asia crisis, and the Russian crisis. "

" Saudi Arabia has stability. The social contract and the political contract between the king and the rulers and the royal family and the ruled people in Saudi Arabia is very strong and the bondage is so solid. "

" One of my biggest personal holdings is Rotana. That company has a very dominant force in the Middle East. It has around 45% of all the movie industry and around 75% of all the music. "

" In Riyadh, there's going to be a huge project that will house at least 12,000 units with inhabitants of approximately 150,000 people. It's like a city within a city. "

" Well, you know, News Corp is the only real media global - that has a global presence that's involved in TV production, in movies, in publishing, in newspapers, digital media, et cetera. So for a company like that to function, clearly it does not depend only on Rupert Murdoch or James Murdoch. "

" I'm telling you, you can't compare Saudi Arabia to other countries. "

" Nowadays, anyone who cannot speak English and is incapable of using the Internet is regarded as backward. "

" Actually, King Abdullah, under his supervision and guidance, has established a dialogue in Saudi Arabia whereby all the population, whether Shiite or Sunnis from north, south, west or east, they can get together and exchange their views. "

" If the United States has to accept the U.N. resolutions, we have to generalize it across the board. We can't just pick and choose where we impose and accept the U.N. resolution and don't accept them. U.N. Resolution 242 is very clear and states very clearly that Israel has to go back to the borders of the pre-war of 1967. "

Al-Waleed bin Talal

Back

Choose

" Ethics to me is very important. "

Al-Waleed bin Talal

Ethics

Important

" No company should depend on one person no matter how that person is smart or genius, whether it's Apple or News Corp, or Citibank or any other company in the world. "

" The legacy of Steve Jobs and the strength of Steve Jobs is that he established a company that's clearly firing on all cylinders and clicking very well. "

" If I'm going to do something, I do it spectacularly or I don't do it at all. "

Al-Waleed bin Talal

Something

Going

" You know, Saudi Arabia has a lot of poverty also. Regardless about what you hear about the viceroy and people being rich, et cetera. "

" The issue of Palestine has been there since more than 60 years. But more important since 1967 when the war was, ended in the defeat of some Arab countries. "

Al-Waleed bin Talal

Defeat

Important

" We're getting hurt, but I'm a long-term investor. "

" Well, clearly Apple is a role model of the American innovation whereby it produced all these products - iPod, iPhone, iPad - that are really now dominating all the technology arena in the world. "

" So, if you look at what's common among some of the companies I have, including the Four Seasons, NewsCorp, George V, the Plaza, these are all irreplaceable brands in their own fields. "

" Some countries, like Saudi Arabia, where the population growth is very high, whereby you don't have the mortgage low yet. Still the demand outstrips supply by much. "

" King Abdullah is a reformer. "

Al-Waleed bin Talal

King

Reformer

" The lesson is that, No. 1, this management has to be at the highest class possible. No. 2, they have to have a succession plan. "

" My wheels are running. My investments are local, regional and international. "

" You cannot play with fire. "

" But each country has to advance and move at its own speed. "