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Khalid bin Mahfouz (December 26, 1949 - August 16, 2009) was a Saudi Arabian billionaire, banker, investor and former chairman of the National Commercial Bank (NCB), the first private bank in Saudi Arabia. Khalid is the son of Salem Bin Mahfouz, a Saudi entrepreneur who rose from being a smalltime moneychanger to becoming the founder of the first private Saudi bank, National Commercial Bank (NCB). NCB was founded in 1953.
With a personal wealth estimated to be around $3.2 billion, Bin Mahfouz ranked 24th in Arabian Business magazine’s list of the world’s most influential Arabs in 2008. In the same year, Bin Mahfouz ranked number 214 in Forbes Billionaires List
Khalid bin Mahfouz was the second eldest son of Salem Ahmed bin Mahfouz, a Saudi who rose from being an illiterate moneychanger to the founder of the first bank in his country, the National Commercial Bank of Saudi Arabia (NCB). Salem Ahmed then became the personal banker of the Saudi royal family. He handed management of NCB, the largest bank in the country, to Khalid sometime in the 1980s.
Bin Mahfouz was married with three children. His personal net worth was $3.2 billion in 2006, making him one of the richest people in the world at the time; his family fortune was estimated to have been worth over $4 billion.
RIYADH, Saudi Arabia, Nov. 30 (UPI) -- For the first time in the country's history, Saudi Arabia will officially count the opinions of female citizens in its national elections on Dec. 12. More than a thousand women could appear on the ballots -- another first for a conservative Muslim nation with a questionable women's rights record and a reputation for a slow reforms process.
originally posted by: Deny Arrogance
Are jihadi hackers retaliating?
Is anybody else having trouble accessing ATS today?
For the past hour I was unable to acces this site, getting either a totally blank page or 403 forbidden error when trying.