In a meeting on Tuesday with President Karzai in Kabul, Prince Alwaleed Bin Talal bin Abdulaziz, CEO of Saudi Arabia’s Kingdom Holding Company expressed willingness for investment in Afghanistan.

Prince Al Waleed lauded the progress Afghanistan has been making in all the areas including reconstruction and said, “What is heard on the media about the situation in Afghanistan is far from reality.”

Prince Al-Waleed said he was willing to invest in areas of travel and hospitality and energy in Afghanistan. A Saudi delegation of technical experts is expected to visit with the Afghan officials from the Ministries of Commerce and Economy to study on the investment opportunities.