In a rare interview, Prince Al-Waleed bin Talal has told ITV News that he has hopes that President Obama's second term will see him focus more on the Middle East:
Frankly speaking, Obama has not been very successful in our region here. I hope a second term will prove to be different to his first term.
Right now, I think with the economic situation in the States stabilising, Europe stabilising, he can give a lot more attention to the Middle East.
We can only say we can only hope he will give more attention to the Middle East, because it’s needed badly.
Our perceptions of Saudi Arabia are hardly flattering, particularly when it comes to the treatment of women. But change is afoot.
Where exactly the Prince is placed in the league of the world’s wealthiest is not clear. But he is is the biggest foreign investor in the US