"Libel tourism is common and is widely credited with damaging freedom of speech in the defendant's home jurisdiction."
However, Sarah Webb, a partner at law firm Payne Hicks Beach, said Alwaleed has a "substantial international reputation" but added that there were protections for media defendants to prevent so-called libel tourism.
"He will have to satisfy the court that England and Wales is clearly the more appropriate forum for his dispute and this will tie in again to the 'serious harm' test [to his reputation]," she said.
A spokesman for Kingdom Holding said Alwaleed was "examining all of his legal options" but declined to comment further. Kobre and Kim, the law firm acting for Alwaleed in the claim, declined to comment.
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