Sunday lunch for prince and president

By Stefanos Evripidou Published on August 1, 2010

PRESIDENT DEMETRIS Christofias will reportedly play host today to the Saudi Arabian royal billionaire currently holidaying with his entourage off the coast of Latchi in his 90-metre long luxury yacht.
According to yesterday’s Politis, Prince Al-Waleed bin Talal will travel by helicopter from his yacht anchored in the Chrysochous bay on the west of the island to Christofias’ more humble holiday abode in Kellaki in the Limassol district. The paper reported that Al-Waleed will make the trip also accompanied by a police helicopter.
Forbes magazine estimated Al-Waleed’s net worth at US$19.4 billion, making him the 19th richest man in the world. The Saudi prince is reported to have amassed his fortune through investments in real estate and the stock market.
Government spokesman Stefanos Stefanou was yesterday unavailable for comment though, according to Politis, he had confirmed that the two men would meet today at around midday. It is not known whether the meet is simply a social call or related to potential investment opportunities in Cyprus.
The government has announced a series of high-profile investment deals in recent months, the latest being the decision by the Vitol Group, one of the world’s biggest independent energy trading companies, to build a €100 million state-of-the-art oil product terminal facility at Vassiliko. Following months of negotiations, another big announcement was Qatar’s plans to pump millions into the economy to build a luxury hotel and apartment complex in the heart of Nicosia.
The 55-year-old Al-Waleed reportedly arrived in Cyprus with his luxury yacht last Wednesday, anchoring offshore opposite the Anassa Hotel, after failing to fit his super yacht in Latchi harbour. Since then, local police have taken precautionary measures to safeguard him, in addition to the private security hired by the prince.
A police representative told the Sunday Mail that police were not letting people get too close to the Saudi royal and his entourage. He also confirmed that police boats were being used to cordon off the area around the yacht.
A local business owner said a special jetty had to be built on the beach to accommodate the 32-foot (10-metre) boat being used by the royals to get to and from the yacht, as well as using their private helicopter to commute from the yacht. 
He reportedly has an entourage of 40 people with him for a belated celebration of his birthday, which was in March.

Tue, August 3rd 2010 at 15:39

A.KANDIL from SAUDIA ARABIA comments:

MORE AND MORE I GET CONVENCED THAT CYPRUS WILL BECOME AN AREA OF INTREST TO GULF INVESTORS AND TOURSEM ALSO EDUCATION?
BUT WOULD NEED MUCH MORE STRONG AND CONTINUES ATTENTION TO MARKET AND PROMOTE THE ISLAND BY NOT THE CYPRUS GOVERMENT BUT CYPRUS BANKS CONTRACTORS. DEVLOPERS MORE IMPORTNT CYPRUS AIR WAYS.

Tue, August 3rd 2010 at 14:04

DCarbz comments:

I might have got my arab states mixed up but at least I highered the quality of the debate.

I wouldn't care but I have been to Abu Dahbi

Tue, August 3rd 2010 at 08:36

Jon Frazer comments:

@Hello

I've never before seen 2,500 years of history so concisely and accurately delineated in nine lines!!

Tue, August 3rd 2010 at 00:40

Cypriot from London comments:

Gavin Jones I congratulate you for your honest and brave comments.My family lost a lot of land in one of Larnaca's villages.As you said our land used for houses for the refugees.I have no grievance against
them.They lost their everything like us.In my old village I know a lot of GC's got very wealthy because of the war.I'm sure it is not in their interest to resolve the problem,likewise in the North as a lot of TC's got fat cats.I follow these comments every night, seldom commenting because of the hatred poured.It's so sad that we get on well in the UK because hatred don't suit our interests in this country.The British people have no time for our problems back home.Please keep up the good work, you have my 100% support.GOOD LUCK.

Mon, August 2nd 2010 at 23:52

Skevi from CA comments:

Corruption exits anywhere you go If you compare the corruption in Cyprus with other countries like the US , you are looking for a pin in a haystack. Problems increased in Cyprus after the 1974 invasion and the arrival of different types of people. Having said that ,I don't blame all the non Cypriots for the woes of the country . Like any other place on this earth Cyprus has its bad apples also. I was born and grew up in Cyprus and I could honestly tell you that generally Cypriot people are warm,honest ethical and very hard working.
I am also a refugee and I would say that a lot of people in the south became very rich after the invasion and looked down on us for a long time . We cleaned up the messy south and made it cosmopolitan and all refugees should be highly respected. They are hard working and even though most of them did not make a lot of money they live a modest life away from their homes and everything they worked for, which they lost.
I am extremely proud of my family ,the people of my village and all my relatives who moved to the south and stayed strong to their beliefs and still have the strong love of the occupied north.
They are not corrupted and never became rich.They could have if they did not have strong ethics.
Let's not put everyone in the same basket.Long live Cyprus and Cypriots. Long live Free and Re United Cyprus one day soon

Mon, August 2nd 2010 at 17:43

Jon Frazer comments:

May I add my thanks to both Gavin and Val for their posts below. Also to James, for his tenacity and endurance. Thank God the usual rubbish from the usual suspects appears to have been mostly removed from the Mail's site this week!
Ghandi said "The measure of the greatness of a country is the way it treats its animals" ....Er, almost there...

Mon, August 2nd 2010 at 17:26

Gavin Jones comments:

Val.

Many thanks indeed for your bravery in coming back to me and your constructive comments which are very much appreciated, particularly as I gave you a bit of an ear bashing!

Like you, I too am a refugee (I lived for many years in Famagusta and had a business there) and suffered loss and displacement like tens of thousands of others.
What I find nauseating, particularly over the past few months, are some of the more hateful, despicable posts that some have been submitting about each side. On several occasions, I and others have been trying to temper some of these in a vain effort to bring some balance and tolerance into the situation but as often as not it simply degenarates into a slanging match of monumental proportions: perhaps we should all take some deep breaths.

I happen to know many Turkish Cypriots who have suffered as much pain and loss as the Greek Cypriots and some of the stuff that has been posted about them defies belief. And yes, there are some on the other 'side' who also engage in the same vitriol.

One of my biggest beefs is the fact that we refugees, on both sides of the divide, are being mercilessly used as political pawns by both sides: the majority of Cypriots have lost nothing and many have done very nicely thank you from the current division.
The case of refugee women not having the same right to pass on refugee status to their children is a case in point and according to article 23 of the EU Charter, the Republic is in blatant breach of sexual discrimination. Whether the state can afford it or not is an irrelevance and I'm surprised that the Refugee Mothers Association hasn't gone to the ECHR as they'd win. (This is a topic which I've written about on many occasions).
To continue. Many refugees have built on Turkish Cypriot owned land but are not allowed by the Republic to obtain the title deeds from the Turkish Cypriots who, whether we like it or not, remain citizens of the Republic and holders of title deeds. I know I'm straying into the realm of legalities here and many would argue otherwise.
The list of anomalies goes on and these points are not a criticism of Cyprus per se but one of fair governance and the vagaries of circumstance.

In conclusion, it serves none of us to continually accuse one another of having done this, that or the other despicable act because we're all guilty. Perhaps we should use the Avis slogan: 'We try harder.'

Mon, August 2nd 2010 at 16:39

Val. comments:

Gavin, thank you for the detailed information. Because you say that you are motivated by a sense of justice and not by hatred then you will find that I would most happily be a supporter for your cause .Ofcourse I know that everything is not rosey inthe garden and their is much that needs to be improved including confronting nepotism and corruption where ever they occur and where the state fails to look after its citizens in a proper manner, it should be made to answer for its failures.
What I will not accept from anyone is the stereotyping of the Cypriot people as thieves, cheats and liars. I know that we have our fair share like any other people on this blessed earth, we are not perfect but unfortunately according to some of our contributers ,Cypriots are a subspecies.Such a view is based on utter racial hatred by groups who for their own selfish reasons find it anathema for the Cypriot state to survive or to achieve.Some of the comments against Cyprus have been so poisonous that I feel obliged to at least give a response. I would dearly love to have a genuine, civilised ,political discussion relating to the Cyprus issue and about Cypriot society but due to the poisonous comments made by some people , I find that exchanges degenerate into pointless point scoring .
Unlike you, these people are motivated by hate and the desperate desire to hold on to the properties and land that they gained in the brutal invasion of Cyprus by the Turkish army in 1974. Of course suffering blatent injustice is indeed very painful and it is with great pain and sorrow that I remember the days of the invasion in 1974 when as a teenager I had to flee our village with my family our and seek safety further south. I will refrain from mentioning other personal losses because the thought would only make me weep again.So Gavin I do understand how it feels to suffer from injustice.However,I know that hatred is not the answer.Being able to speak to the other person with sincerety and good will would be the first step in dealing with any problem. Good luck Gavin .

Mon, August 2nd 2010 at 14:45

Gavin Jones comments:

Val.

When you refer to Cyprus having 'honest' people, are you including all lawyers and property developers or perhaps in your eyes they come into a different category? Pray do enlighten us. What I would NOT appreciate is the same tired excuse that it's the same everywhere else. No. It is not. Crooked lawyers, certainly in the West, are dealt with immediately and are struck off, fined and in some cases imprisoned. That is NOT the case here.

There's nothing worse than people making assumptions of others and putting them into boxes to suit their own prejudices. Are we to believe that if anyone DARES to point out injustices or general wrongdoings in a particular society, in this case Cyprus, then you take great exception to it and as good as try to vilify them?

On your post yesterday at 19.20, you say about me 'as far as you are concerned Cyprus and its people are beyond redemption so why don't you try another destination.' The cheapest shot is to tell someone who doesn't like it in a particular place to go elsewhere.
How dare you, madam.
My mother was a Cypriot and in my own right I have a long association with this island. I believe that wherever an individual resides he should stand up to any form of injustice and not take the easy, sycophantic route of burying his head in the sand and saying that everything in the garden's rosy.
Am I to suppose that you think that I should NOT have written the letter which was published yesterday in the Sunday Mail as it dares to highlight ongoing fraudulent behaviour in the housing market?
I would also refer you to my letter published in the Sunday Mail of 30th. May this year headed 'One small victory' which describes the fraudulent behaviour of my late mother's lawyer in getting control of my mother's estate. According to your logic, should I have kept quiet about this and 'saved' Cyprus' honour? Believe me, if these events had happened in Peru, America, India or wherever, I would have reacted in the same way and pursued the matter equally as vigorously and publicly.

For the record, my mother was asphyxiated in Paphos hospital (confirmed at the inquest) and I have sued the Republic for medical negligence. I repeat, mistakes and ineptitude happen in the most advanced countries and I would have done the same if these shocking events had happened there. Again, should I have accepted my mother's 'fate' and done nothing because I live in 'perfect' Cyprus?

What is so sad here in Cyprus is that there seem to be a great many people here who equate criticism as hatred for the island. Although I can't speak for others, I assure you that this is not the case.

In short, it's simply a question of obtaining justice and in many cases the authorities here are either unwilling or unable to ensure that this is served speedily - if at all. If you therefore take exception to a great many of us feeling this way, trying to make a difference and taking appropriate action, then so be it.

Mon, August 2nd 2010 at 13:31

Val. comments:

ROY, the Prince and other Arab business people know that Cyprus has honest talanted and hard working people. That is why they are investing.Its good for all Cypriots because not only will GC be employed but also our the TC will have the opportunity to earn better money than in the north of Cypus and they are welcome to do so.It will perhaps contribute to a better climate.

Mon, August 2nd 2010 at 10:02

Roy from Cyprus comments:

Seeing as Prince Al-Waleed has acquired 47 five star resorts already this year, does anyone think it possible that he is scouting the Anassa hotel where he is staying. It is locally renowned as by far the most luxurious hotel in Cyprus. www.anassa.com.cy

If he wants to develop luxury hotel resorts in Cyprus, this would be the one for sure!

Sun, August 1st 2010 at 23:21

Briit and Proud of it comments:

What a socioable guy Pres Christofias must be - Erdogan one one day, Al waleed another - Who next?

Sun, August 1st 2010 at 22:41

Loriot from Lapta comments:

Joe Citizen, you have the wrong logic there. Foreign investment is not happening in line with population figures, but where there is an attractive investment climate. There is absolutely no correlation between these two numbers.

Sun, August 1st 2010 at 22:05

Joe Citizen comments:

Loriot from Lapta comments:
Joe Citizen: irrelevant ratio! Try this with foreign investment in the USA. It's the absolute figure that counts
-----------------
Only if it doesn't get used properly. look at the absolute figures pumped into som places in Africa where the population doesn't smell a cent from it.
The value of the investment is in what the ordinary citizen gets out of it eventually, not what the big fish put into their pockets.
Turkey has about 160 times the population of Cyprus. Nothing less than 160 times the investment will validate your argument and then we still have to talk about how it gets used but that's another day. Figures please.

Sun, August 1st 2010 at 20:24

Loriot from Lapta comments:

Joe Citizen: irrelevant ratio! Try this with foreign investment in the USA. It's the absolute figure that counts.

Sun, August 1st 2010 at 20:05

CRP from Paphos comments:

Sorry but stop being cherlish. This is an important event for Cyprus and the president is right to extend an invitation to an important business partner. Personal issues around divorce etc are not the place for this forum so please discuss in private.

Cyprus is at an investment crossroads and rightly has grasped oppountunities to build important investment links with countries in the middle east. Irrespective of cultural differences which should to some extent be accepted, encouring investment in Cyprus is an important factor to the economic success of the island and for that matter on the world stage.

Recent investment in Nicosia is a testament to the efforts of the Cyprus foriegn office and part of its strategy to encourage diversity in investment enterprise.

Hope to a strengthing of relations in many international communities.

From an educated brit not tied up up petty marital issues.

Sun, August 1st 2010 at 20:00

Joe Citizen from Limassol comments:

Loriot from Lapta- Divide the different amounts by the relative populations and come back with the per capita figures. Come on cowboy!

Sun, August 1st 2010 at 19:13

Nick from UK comments:

More of this Middle East relations: Cyprus should develope 'Ostpolitik' and become a new hub. Leave behind the Eokist baggage and Greece-orientated foreign policy that has brought nothing but problems.

Maybe Middle East investment in Cyprus is only a fraction of that in Turkey but so what? Still opportunities and the Saudis wouldn't come to Cyprus without good reason.

Sun, August 1st 2010 at 18:08

James JH lockhart comments:

It Was a ABU DUBAI who Bailed Dubai out, United Arab Emirates etc

Sun, August 1st 2010 at 18:04

Loriot from Lapta comments:

DCarbz: Dubai could not have been 'bought by the UAE' since it is part of the UAE.
As far as Saudis and other Middle East nationals are concerned they invest a lot more money in Turkey than on small islands.
So, keep on celebrating the odd purchase!

Sun, August 1st 2010 at 15:47

DCarbz comments:

Why,whenever there is anything positive posted on here do certain people kick off with constant, and usually unconnected, negative comments?

Fact is history cannot be changed, unless you are Superman of course, so let us look forwards and see if we can at least help shape it.

Dubai was recently (more or less) bought by the UAE so I presume Cyprus would be much cheaper if Saudi Arabia wants to buy it.

Why would that be a bad thing?

Sun, August 1st 2010 at 14:07

A.KANDIL from SAUDIA ARABIA comments:

HH VISIT /ALWALEED SHOULD BE TAKEN AS AN IDICATION OF ACHANGE IN CYPRUS INVESTMENT POSIPOLTIES. AND CYPRUS NEED TO TURN THE HEAD TO THIS PART OF THE WORLD AND DOES NOT LOSE ACHANCE AS AN ATTRACTIVE DESTINATION FOR TOURIST AND INVESTORS AND REALY MAKE THE ADMINSTRATION SYSTEM TO ENCOURGE THIS FAST AND FLEXABLE.
CYPRUS SHOULD KNOW THAT TRVLERS TO THE ISLAND SHOULD BE AN DEDE VALUE AND SAY FAREWEL TO HITCH HIKERS, IT HAS ALL THE BEST . LOCATION . LAND SCAPE AND FRIENDLY PEOPLE .

Sun, August 1st 2010 at 13:54

Val. comments:

The President of the Republic is obviously in top form and he is going for gold. People from all over the world can see that the ROC has much to offer and rich or poor, they are flocking to Cyprus
either to find a better life or to invest their billions.Not bad for a little country that has almost half of its territory illegally occupied by the Turkish army under whose protection a disfunctional entity known as the "trnc" has been created but which in reality is only a bolt hole for criminals on the run and is even avoided by cabaret artists who refused to be lured even by offers of millions of pounds.

Sun, August 1st 2010 at 11:47

MELIOS A. IOANNIDES comments:

Ideology is of secondary importance when politics and economy go side by side.
I congratulate our President that he has even surpassed himself as a dogmatic Leader because all his moves recently are aiming at two targets.
1.The economic recovery.
2.Strengthening our ties with powerful moslem countries for obvious reasons that need no analysis.
Mr.President you are really earning points lately and if you carry on like this,the future is yours if PASYDY your weakest point is also addressed the right way.