Dubai: Saudi Arabia`s Prince Alwaleed Bin
Talal Bin Abdul Aziz Al Saud has said he is against the
construction of a mosque close to the 9/11 site in New York
and also he had no part in financing the controversial
"I am against putting the mosque in that particular
place. And I`ll tell you why. For two reasons: first of all,
those people behind the mosque have to respect, have to
appreciate and have to defer to the people of New York, and
not try to agitate the wound by saying `we need to put
the mosque next to the 9/11 site`," he was quoted as saying by
the `Arabian Business`.
"I heard and saw a lot of news about me being associated
with it and this is all wrong. We did not finance this thing,"
"The wound is still there. Just because the wound is
healing you can’t say `let’s just go back to where we were
pre-9/11`. I am against putting the mosque there out of
respect for those people who have been wounded over there," he
was quoted as saying.
The Prince also warned that Dubai`s property market faces
substantial further falls, and will take several years to
reach its bottom.
"There are new buildings coming out, I think we have not
seen the bottom in real estate [in Dubai], there are years to
come. I don`t believe you are there [the bottom] yet because
more supply is coming," he said.