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(New York Times) Karen W. Arenson - Harvard University and Georgetown University each announced Monday that they had received $20 million donations from Prince Alwaleed bin Talal bin Abdulaziz al-Saud, a Saudi businessman and member of the Saudi royal family, to finance Islamic studies. The prince was fifth on the Forbes 400 list of wealthy people this year, with a fortune of $23.7 billion. In October 2001, then New York City Mayor Rudolph Giuliani returned a $10 million check from the prince after a news release quoted the prince as calling on the American government to "re-examine its policies in the Middle East and adopt a more balanced stance toward the Palestinian cause."2005-12-13 00:00:00Full Article
Saudi Prince Gives Millions to Harvard and Georgetown
(New York Times) Karen W. Arenson - Harvard University and Georgetown University each announced Monday that they had received $20 million donations from Prince Alwaleed bin Talal bin Abdulaziz al-Saud, a Saudi businessman and member of the Saudi royal family, to finance Islamic studies. The prince was fifth on the Forbes 400 list of wealthy people this year, with a fortune of $23.7 billion. In October 2001, then New York City Mayor Rudolph Giuliani returned a $10 million check from the prince after a news release quoted the prince as calling on the American government to "re-examine its policies in the Middle East and adopt a more balanced stance toward the Palestinian cause."2005-12-13 00:00:00Full Article
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