 He had this right as a result of his claim that his father, Ibn Saud, had promised him the entire rights of the Kingdom's fishery revenues.Then, the National Fisheries Company was founded by the House of Saud and he became a partner of it.Prince Mutaib was shareholder of the real-estate company, Société Générale d'Entreprises Touristiques which is chaired by Walid Saab.