Saturday, December 31, 2005

"Saudi prince donates millions to universities for study of Islam"



"Saudi prince donates millions to universities for study of Islam"
by Caryle Murphy ("Washington Post," December 13, 2005)

Washington, USA - A prominent Saudi businessman said Monday that he is donating $20 million each to Georgetown and Harvard universities for the study of Islam and the Muslim world as part of his philanthropic efforts to promote interfaith understanding.
Prince Alwaleed Bin Talal, a member of the Saudi royal family, said in a telephone interview from the Saudi capital of Riyadh that he also has donated $15 million to establish the Middle East's first two centers for American studies, at universities in Beirut and Cairo.
"As you know, since the 9/11 events, the image of Islam has been tarnished in the West,'' said Alwaleed, who is chairman of the Riyadh-based Kingdom Holding Co. and has extensive business holdings in Europe and the United States.
He said his gifts to Georgetown and Harvard will be used ``to teach about the Islamic world to the United States,'' and the new programs at American University in Beirut and American University in Cairo will ``teach the Arab world about the American situation.''
The $20 million gift to Georgetown is the second-largest ever received by the Jesuit-run university, school officials said.
``We are deeply honored by Prince Alwaleed's generosity,'' said a statement from Georgetown President John DeGioia, who met Alwaleed on Nov. 7 in a Paris hotel to sign documents formalizing the donation.
Alwaleed, a grandson of the Saudi kingdom's founder, King Abdel Aziz, tried to give $10 million to the Twin Towers Fund shortly after the terrorist attacks of September 2001. But then-New York Mayor Rudolph Giuliani rejected the donation after the prince said in a news release that the United States needed to ``re-examine its policies in the Middle East and adopt a more balanced stance towards the Palestinian cause.''
Asked about the controversy over his New York gift, Alwaleed replied that ``this is behind us and now we are working for the present and the future. . . . My love and admiration to the United States was never diminished.''

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